British Airways CEO Sells Over £2 Million of Parent IAG Shares

British Airways Chief Executive Officer Sean Doyle sold £2.1 million ($2.8 million) worth of shares in the airline’s parent company IAG SA.

Doyle sold 650,000 shares at about £3.30 each on May 22, IAG said on Wednesday in a stock exchange filing. The move was part of the 2022 long-term incentive plan, mostly awarded in shares, that vests in 2025 and the transaction was standard practice, an IAG spokesman said.