Anglo American CEO sells shares as 2023 incentive plan vests at 21.2%
Anglo American CEO Duncan Wanblad sold 24,074 shares at £36.384 each to cover taxes after incentive awards vested, according to a regulatory filing. The company’s 2023 long-term incentive plan vested at 21.2% of the maximum, with most retained shares under a two-year lock-up. The disclosure comes as Anglo pursues a merger with Teck and reviews its executive pay structure. The Teck deal still awaits some regulatory approvals.