Origin Energy reports executive share allocations and director's share sale
Origin Energy Limited (ASX:ORG) reported the issuance of 162,015 Performance Share Rights (ORGAK) and 162,012 Restricted Share Rights (ORGAO) on September 1, 2025, to several key management personnel (KMP). Anthony Lucas, Jonathan Briskin, and Gregory Jarvis each received 40,645 Performance Share Rights and 40,644 Restricted Share Rights. Andrew Thornton was allotted 40,080 Performance Share Rights and 40,080 Restricted Share Rights. These new securities are issued under an employee incentive scheme.
In a related development, director Frank Calabria engaged in transactions involving his shareholdings between September 1 and September 8, 2025. Calabria received an allotment of 122,850 Restricted Shares as part of his 2025 Deferred STI. Concurrently, he disposed of 163,900 fully paid ordinary shares through an on-market sale at an average price of $12.39 per share.
Following these changes, Calabria's direct holdings now include 701,538 fully paid ordinary shares, 263,516 Performance Share Rights, and 401,552 Restricted Share Rights. His indirect holdings comprise 1,500,324 fully paid ordinary shares. The company stated that the share sale by Mr. Calabria was primarily to cover personal tax obligations arising from the vesting of Origin equity incentives, and he retains a significant interest in the company above his minimum shareholding requirement.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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