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An update from Weebit Nano Ltd. ( (AU:WBT) ) is now available.
Weebit Nano director Ashley Krongold, through his indirect holding vehicle Silver Horizon Pty Ltd, has significantly reduced his stake in the company. He sold 860,000 ordinary shares on 4 and 5 May 2026 for total proceeds of approximately $3.81 million.
Following the transaction, Krongold’s indirect holding decreased from 937,900 to 77,900 ordinary shares, while his unlisted options and restricted share rights positions remain unchanged. The company confirmed the sale was conducted outside a closed trading period, indicating it complied with the firm’s governance and trading policies.
More about Weebit Nano Ltd.
Weebit Nano Limited is a technology company focused on developing advanced semiconductor memory solutions. The company is listed on the ASX and its securities include ordinary shares, unlisted options, and restricted share rights held by directors and related entities.
Average Trading Volume: 1,086,238
Technical Sentiment Signal: Buy
Current Market Cap: A$1.02B
For detailed information about WBT stock, go to TipRanks’ Stock Analysis page.