Tesla Executives Engage in Significant Stock Transactions

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Samiat

Member
Nov 12, 2024
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Tesla Executives Engage in
Significant Stock Transactions

Tesla Director, Robyn M Denholm, and CFO, Vaibhav Taneja, have recently sold a substantial number of shares in the company.

Robyn M Denholm sold 112,390 shares on December 2, 2024, with transactions ranging in price from $352.320 to $358.700, resulting in a total sale amount of $39,793,300. These sales were executed at weighted average prices, indicating multiple transactions at varying prices.

Following these transactions, Denholm directly owns 85,000 shares of Tesla. The sales were part of an automatic trading plan established on July 25, 2024, for the orderly liquidation of options expiring in 2025.

Tesla's CFO, Vaibhav Taneja, sold 7,000 shares on the same day, with prices ranging from $352.698 to $359.94, totaling $2,481,039.
Post-sale, Taneja directly owns 105,032 shares.

These transactions were also executed under a Rule 10b5-1 trading plan, adopted on May 1, 2024