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Why Did DroneShield’s Directors Sell Millions in Shares After Performance Options Vested?
9:42am on Thursday 20th of November, 2025 AEDT
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Technology
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Why Did DroneShield’s Directors Sell Millions in Shares After Performance Options Vested?
9:42am on Thursday 20th of November, 2025 AEDT
Key Points
Directors exercised and sold shares to meet tax liabilities after performance options vested
No prior agreement among directors on share sales; sales conducted under broker-agreed parameters
Erroneous $7.6 million contract announcement withdrawn due to administrative error
Company implementing new ERP and CRM systems to improve order validation and disclosure accuracy
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Droneshield (ASX:DRO)
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