TREMOR INTERNATIONAL LIMITED (GB:NEXN) has released an update.
Nexxen International Ltd has reported the vesting and subsequent sale of restricted stock units by top executives to cover tax obligations, with CEO Ofer Druker and COO Yaniv Carmi selling shares at market value. This comes as part of the executives’ non-discretionary trading plans under Rule 10b5-1, intended to avoid any accusations of insider trading. The transactions have resulted in changes to their total ownership stakes and voting rights within the company.
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