Norsk Hydro: Primary insider Helena Nonka sells shares
Helena Nonka, Executive VP of Corporate Development at Norsk Hydro, sold 1,528 shares at NOK 59.58 each on September 23, 2022.
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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.
Details
News Market Reaction – NHYDY
The recorded move for NHYDY in the trading session of this news was -7.59%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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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