Dr. Martens Announces Director/PDMR Shareholding
Why we think this is neutral
This RNS announcement is a routine notification of a director/PDMR transaction, which does not contain any significant business updates or financial information. As such, it is assessed as a neutral news event with no major implications for the company's performance or outlook.
Key Points
- Ije Nwokorie, the Chief Executive Officer, has had a tranche of restricted stock units vest
- Sufficient shares were sold to cover Nwokorie's tax and national insurance liabilities
Summary
The retailer has announced a transaction by a director involving the vesting and sale of restricted stock units.
Dr. Martens plc has announced a transaction by Ije Nwokorie, the Chief Executive Officer, involving the vesting and partial sale of restricted stock units granted under the company's Long Term Incentive Plan. The transaction was carried out to cover Nwokorie's tax and national insurance liabilities arising from the vesting of the awards.
DIRECTOR DEALINGS