Matt Comyn, CEO of Commonwealth Bank last week sold a parcel of shares in the bank with a market value of A$1 million.
He sold the shares at a $100.55 per share. On Friday, CBA’s shares last traded at $98.75.
A filing to the ASX on Friday shows Comyn now holds 95,500 shares in CommBank, either outright or held jointly with his partner. These are now worth $9.4 million.
Comyn also holds a multitude of additional interests in CBA equity via various stock options.
The 2023 annual report of CBA put Comyn’s total remuneration at around $10 million.