Kerry Group Executive Sells Shares After Vesting
Why we think this is neutral
The RNS announcement details routine share transactions by a senior executive at Kerry Group plc, with no indication of any material financial impact or concerning insights. The vesting and sale of shares appear to be in line with the company's executive compensation and share ownership policies.
Key Points
- Vesting of 6,404 shares under Kerry Group's incentive plans for a senior executive
- Sale of 15,147 shares by the executive at an average price of €96.5555
Summary
The major packaged foods company announced a senior executive has sold shares after vesting under the company's incentive plans.
Kerry Group plc has announced that Mr Gerry Behan, the President and CEO of Kerry Taste and Nutrition, and an Executive Director and PDMR of the company, has had 6,404 shares vest under the company's Long Term and Short Term Incentive Plans. Mr Behan subsequently sold 15,147 shares at an average price of €96.5555.
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