Fortescue directors boost stakes through on-market share purchases

Fortescue Ltd (ASX:FMG) directors Mark Barnaba, Dr. Larry Marshall, and Usha Rao-Monari have all increased their holdings in the company through on-market trades. The transactions occurred on August 27, 2025, according to Change of Director’s Interest Notices filed by the company.

Mark Barnaba, an indirect holder through Chester Pty Ltd (M Barnaba Super Fund), acquired 316 ordinary securities, bringing his total indirect holdings to 43,786 and direct holdings to 907. The acquisition was valued at A$6,006.60.

Dr. Larry Marshall directly acquired 5,418 ordinary securities at a value of A$102,986.57, increasing his total direct holdings to 22,156.

Usha Rao-Monari also increased her direct interest by acquiring 316 ordinary securities for A$6,006.60. Her direct holdings now total 585. All three directors’ interests were not traded during a closed period requiring prior written clearance.