Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
The latest announcement is out from Freightways ( (FTWYF) ).
Freightways Group Limited has disclosed changes in Chief Executive Officer Mark Troughear’s relevant interests in the company’s equity following recent long-term incentive scheme activity. The notice, lodged with NZX, shows an increase in both his fully paid ordinary shares and share rights, reflecting the vesting of performance share rights and a new allocation of rights under the Freightways Executives Long Term Incentive Scheme.
Following the transactions on 27 February 2026, Troughear’s beneficial holding of fully paid ordinary shares rose to 524,191, while his share rights increased to 157,313, with all consideration recorded as nil. The disclosure underscores Freightways’ continued use of equity-based remuneration to align senior executive incentives with shareholder interests and long-term company performance, without indicating any open market share purchases or sales by the CEO.
More about Freightways
Freightways Group Limited is a New Zealand-listed company operating in the freight and logistics sector. It provides parcel and express package delivery, along with related logistics services, primarily focused on the domestic New Zealand market and trans-Tasman commerce, serving a broad base of corporate and business customers.
For detailed information about FTWYF stock, go to TipRanks’ Stock Analysis page.