Sharma Mani 4
Research Summary
AI-generated summary
AstraZeneca (AZN) SVP Sharma Mani Sells 11,893 Shares
What Happened Sharma Mani, SVP, Group Controller and Head of Global Finance Services at AstraZeneca plc, sold 11,893 ordinary shares in an open-market transaction on May 20, 2026. The shares were sold at an effective price of $185.78 per share (converted from GBP139.35), for a total proceeds of $2,209,482. This was a sale (not a purchase or option exercise).
Key Details
- Transaction date: 2026-05-20 (reported on Form 4 filed 2026-05-22; filing was timely)
- Transaction type: Open-market sale
- Shares sold: 11,893
- Price per share: $185.78 (GBP139.35 converted using GBP1 = $1.3332 on May 15, 2026)
- Total proceeds: $2,209,482
- Shares owned after transaction: Not specified in the filing
- Footnote: Price conversion from British pounds to U.S. dollars per Board of Governors of the Federal Reserve System
- No 10b5-1 plan, tax withholding, or option exercise was indicated in this filing
Context Sales by officers are often routine (e.g., diversification or liquidity needs) and do not by themselves indicate a change in company outlook. Because this filing shows a straightforward open-market sale with conversion from GBP to USD, there are no derivative or complex transaction mechanics to explain.