Rolls-Royce Director Sells Shares After Vesting
Why we think this is neutral
This RNS announcement is a routine notification of a director's share transactions, which does not contain any significant business updates or financial information. As a result, the sentiment is considered neutral.
Key Points
- Joerg Stratmann, CEO of Rolls-Royce Power Systems AG, had 43,623 shares vest under the Rolls-Royce Incentive Plan
- Stratmann sold 22,730 of the vested shares and retained 20,893 shares
Summary
The CEO of Rolls-Royce Power Systems AG has sold a portion of shares that vested under the company's incentive plan.
Rolls-Royce Holdings plc has announced that Joerg Stratmann, the CEO of Rolls-Royce Power Systems AG, has transacted in the company's ordinary shares. Specifically, 43,623 shares vested under the Rolls-Royce Incentive Plan, of which 22,730 were sold, and 20,893 were retained.
DIRECTOR DEALINGS