Sainsbury's revealed on Friday that chief executive Simon Roberts had sold 578,500 ordinary shares in the London-listed supermarket giant.
Source: Sharecast
Roberts, who sold the shares to cover a personal residential property purchase, disposed of the shares at an average price of 283.83p each, for a total value of £1.64m.
Following the sale, Roberts holds a beneficial interest in 2.24m ordinary Sainsbury's shares.
As of 1545 BST, Sainsbury's shares were down 0.56% at 282.20p.
Reporting by Iain Gilbert at Sharecast.com
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