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Steadfast CEO Increases Deferred Equity Holdings Under Incentive Schemes

Story Highlights
  • Steadfast Group operates in Australia’s financial and insurance services sector, overseeing a network of businesses from its Sydney headquarters.
  • The company disclosed that CEO Robert Kelly acquired 2,532 additional deferred equity awards, increasing his performance-linked stake under existing incentive schemes.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Steadfast CEO Increases Deferred Equity Holdings Under Incentive Schemes

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The latest update is out from Steadfast Group Limited ( (AU:SDF) ).

Steadfast Group Limited has lodged an Appendix 3Y notice with the ASX detailing a change in the securities interests of its Managing Director and CEO, Robert Bernard Kelly AM. The filing reports that Kelly, who previously held over three million ordinary shares and a substantial portfolio of deferred equity awards under STI and LTI incentive schemes, has acquired an additional 2,532 deferred equity awards, further aligning his remuneration structure with the company’s long-term performance frameworks and governance policies.

The most recent analyst rating on (AU:SDF) stock is a Buy with a A$5.75 price target. To see the full list of analyst forecasts on Steadfast Group Limited stock, see the AU:SDF Stock Forecast page.

More about Steadfast Group Limited

Steadfast Group Limited is an Australian company listed on the ASX and headquartered in Sydney. It operates within the broader financial and insurance services ecosystem, acting as a corporate group that oversees and supports its network of businesses and executive leadership team.

YTD Price Performance: -19.51%

Average Trading Volume: 3,178,801

Technical Sentiment Signal: Sell

Current Market Cap: A$4.62B

Learn more about SDF stock on TipRanks’ Stock Analysis page.

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