SalMar - Sale by primary insiders in connection with release of employee restricted share units completed
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SalMar ASA announced the completion of a sale by primary insiders related to the release of employee restricted share units. Participants in the RSU program sold a portion of their shares to cover tax liabilities.
November 20, 2024 | 3:00 pm
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NEGATIVE IMPACT
SalMar ASA's primary insiders sold shares received from the RSU program to cover tax liabilities, which may affect the stock price due to increased supply.
The sale of shares by insiders to cover tax liabilities can lead to an increase in the supply of shares in the market, potentially putting downward pressure on the stock price in the short term. This action is directly related to the company's equity actions and insider trading activities.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80