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Norsk Hydro: Primary insider Helena Nonka sells shares

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Rhea-AI Summary

Helena Nonka, Executive VP of Corporate Development at Norsk Hydro, sold 1,528 shares at NOK 59.58 each on September 23, 2022. These shares were allocated to her through the Long-Term Incentive program in May 2022. Nonka plans to leave the company, with her final day being September 30, 2022. The proceeds from the sale will benefit Norsk Hydro ASA. This information complies with the Norwegian Securities Trading Act disclosures.

Positive
  • Proceeds from the share sale will accrue to Norsk Hydro ASA.
Negative
  • Helena Nonka's departure could lead to uncertainty in corporate management.
  • The sale of shares by an executive may signal insider sentiment about the company's future.

Insights

Analyzing...

Helena Nonka, Executive Vice President of Corporate Development has on September 23, 2022, sold 1528 Hydro shares at NOK 59.58 per share.

In May 2022, Helena Nonka was allocated the 1528 shares through the share-based Long-Term Incentive program (LTI) as a member of the Corporate Management Board.  

Helena Nonka has decided to leave Hydro and her last day will be September 30, 2022. The proceeds from the sale shall accrue to Norsk Hydro ASA.

This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.

Investor contact:
Line Haugetraa
+47 41406376
line.haugetraa@hydro.com

Media contact:
Halvor Molland
+47 92979797
Halvor.Molland@hydro.com

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FAQ

What shares did Helena Nonka sell on September 23, 2022?

Helena Nonka sold 1,528 Hydro shares at NOK 59.58 each.

When is Helena Nonka leaving Norsk Hydro?

Helena Nonka's last day with Norsk Hydro will be September 30, 2022.

What program allocated shares to Helena Nonka?

Helena Nonka received the shares through the Long-Term Incentive program in May 2022.

What are the implications of Helena Nonka's share sale for NHYDY shareholders?

The sale could indicate insider sentiment and lead to uncertainty in corporate management.
Norsk Hydro A S

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