Rio Tinto (LSE:RIO) (GB:RIO) has released an update.
Rio Tinto has disclosed the vesting and subsequent sale of shares by its key management personnel (PDMR/KMP) to cover applicable taxes, while also detailing the acquisition and matching of shares under the employee share schemes, myShare and the UK Share Plan. The transactions, which took place in April 2024, are part of the company’s incentive plans that allow employees to purchase shares out of salary deductions and receive equivalent matching shares, fostering long-term employee investment in the company.
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