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Northern Star Resources Ltd ( (AU:NST) ) just unveiled an announcement.
Northern Star Resources has disclosed changes in Managing Director Stuart Tonkin’s security holdings following the exercise of long-term and short-term incentive performance rights. Tonkin converted 380,837 performance rights into ordinary fully paid shares across his self-managed super fund and an investment vehicle, increasing his indirect shareholding while reducing his outstanding performance rights balance.
The transaction, which related to FY22 long-term incentives and FY24–FY25 short-term incentives, did not occur during a closed period and reflects the vesting of previously granted equity awards. The move modestly realigns Tonkin’s exposure from contingent performance rights to ordinary equity, incrementally tightening alignment between executive remuneration and shareholder outcomes without involving any on-market trading.
The most recent analyst rating on (AU:NST) stock is a Hold with a A$20.00 price target. To see the full list of analyst forecasts on Northern Star Resources Ltd stock, see the AU:NST Stock Forecast page.
More about Northern Star Resources Ltd
Northern Star Resources Ltd is an Australian gold mining company listed on the ASX. The group is focused on gold production and associated exploration and development activities, giving it exposure to movements in the precious metals market and the broader resources sector.
YTD Price Performance: -30.03%
Average Trading Volume: 7,368,011
Technical Sentiment Signal: Hold
Current Market Cap: A$26.53B
See more insights into NST stock on TipRanks’ Stock Analysis page.