Pilbara Minerals CEO Dale Henderson splurges $1.1M on company shares ahead of Christmas
Mining

Dale Henderson, CEO of Pilbara Minerals (ASX:PLS), has made a pre-Christmas investment, purchasing nearly $1.1 million worth of the company's shares.
Henderson acquired 500,000 shares at an average price of around $2.23 each, according to disclosures made to the Australian Securities Exchange.
Pilbara Minerals' shares rose 4% to $2.36 on Dec. 12 following Henderson's purchase.
His move comes just days after directors Nicholas Cernotta and Miriam Stanborough bought a combined 60,378 shares on the market.
With this latest purchase, Henderson now holds approximately $4.9 million in Pilbara stock.
Henderson's buying spree follows a shift in market dynamics for the lithium company. Pilbara has recently emerged from being the most shorted stock on the ASX, with short positions now down to 12.4%.
Pilbara's easing short interest comes alongside a favourable shift in sentiment for the lithium sector.
Bell Potter also highlighted that recent supply cuts from Australian producers, including Pilbara, have reduced the global market surplus, leading to an anticipated market deficit by 2026.
Last December, Henderson received a $250,000 salary increase, bringing his base annual pay to $1.5 million, retroactive to July 2023.
Henderson, who has been with Pilbara since 2017 and became CEO in June 2022, previously held senior roles at Fortescue Metals.
At the time of reporting, Pilbara Minerals' share price was $2.36.