Qantas Updates Director John Mullen’s Equity Holdings Under Fee Sacrifice Plan

Qantas Airways Limited ( (AU:QAN) ) has issued an announcement.

Qantas Airways has disclosed a change in the interests of non-executive director John Patrick Mullen, reflecting adjustments under the company’s Non-Executive Director Fee Sacrifice Share Plan. The update outlines the conversion of previously granted rights into restricted ordinary shares and a new grant of rights, both held via an employee share plan trustee and a self-managed super fund.

Following these transactions, Mullen’s holdings now comprise increased ordinary shares and a refreshed pool of rights under the director share plan, signalling continued equity-based alignment between board compensation and shareholder outcomes. The changes, driven by automatic plan mechanics and fee sacrifice valuation tied to recent share price performance, modestly deepen the director’s financial exposure to Qantas’s future fortunes.

The most recent analyst rating on (AU:QAN) stock is a Hold with a A$9.50 price target. To see the full list of analyst forecasts on Qantas Airways Limited stock, see the AU:QAN Stock Forecast page.

More about Qantas Airways Limited

Qantas Airways Limited is Australia’s flagship airline, operating domestic and international passenger and cargo services across key global and regional routes. The group focuses on full-service aviation, leveraging premium branding, loyalty programs and corporate travel to maintain a strong position in the competitive Asia-Pacific aviation market.

Average Trading Volume: 4,549,763

Technical Sentiment Signal: Buy

Current Market Cap: A$13.51B

See more insights into QAN stock on TipRanks’ Stock Analysis page.