Kongsberg Automotive Holding ASA (KGAUF) has released an update.
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Kongsberg Automotive has commenced transactions of 1.7 million treasury shares to settle its 2021 Long Term Incentive Program, affecting both primary and non-primary insiders. Notable beneficiaries include President & CEO Linda Nyquist-Evenrud receiving 99,305 shares and Executive VP of Drive Control Systems Robert Pigg receiving 131,509 shares, with several other executives also receiving substantial amounts. The transactions reflect the company’s commitment to its leadership team while continuing to provide innovative technology to the global vehicle industry.
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