Aspen Group (ASX:APZ) joint CEOs David Dixon and John Carter have offloaded 3.5 million securities via a block trade, marking their first divestment since taking the helm in 2019.
The sale represents 18% of their combined holdings, a transition the company has identified as a routine measure for personal portfolio diversification.
Despite the trade, the executive duo remains heavily invested in the group's future, retaining a combined 13.4 million securities—roughly 5.9% of total shares—alongside 2.5 million performance rights.
Reaffirming their long-term commitment to Aspen's growth trajectory, Dixon and Carter confirmed they have no further intentions to sell, noting that the transaction was executed in full compliance with internal trading policies.
At the time of reporting, Aspen Group's share price was $5.78.