Origin Energy (ASX:ORG) Insider Reduced Holdings by 13% Over the Past Year

1 min read | January 11, 2025 11:00 AM AEDT | By Team Kalkine Media

Origin Energy (ASX:ORG) Insider Reduced Holdings by 13% Over the Past Year

Reviewing the Past Year

Among the notable insider transactions, the largest single sale was made by Frank Calabria, the company's MD, CEO & Executive Director. He sold shares worth AU$2.0 million at a price of AU$9.60 each. This transaction occurred despite the current share price being AU$11.08, indicating that even at a lower price, the decision to part with shares was made.

Shareholder Alignment

Insider ownership offers insights into alignment with other shareholders' interests. Origin Energy insiders collectively hold 0.2% of the company, valued at approximately AU$37 million. While this isn't a large portion compared to some companies, it does suggest some degree of shared interest between insiders and common shareholders.

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