AngloGold Ashanti Executives Sell Shares to Cover Tax Liabilities

Two executive directors at the mining company transacted in company securities

Published on Mar. 9, 2026

AngloGold Ashanti plc, a global gold mining company, announced that two of its executive directors, Alberto Calderon and Gillian Doran, have dealt in securities of the company. Both executives received vested shares under the company's 2023 Deferred Share Plan and subsequently sold a portion of those shares to cover their tax liabilities.

Why it matters

The transactions by the AngloGold Ashanti executives provide insight into the company's executive compensation structure and how senior leaders manage their personal finances related to equity awards. These types of disclosures are important for transparency around corporate governance and the alignment of executive interests with those of shareholders.

The details

Alberto Calderon, an executive director, received 80,296 ordinary shares under the 2023 Deferred Share Plan. He then sold 38,542 of those shares on the open market at a weighted average price of $106.3375 per share to satisfy his tax liabilities. Gillian Doran, another executive director, received 10,252 ordinary shares under the same plan and sold 5,126 shares at $106.2967 per share for the same purpose. Both executives continue to hold significant equity stakes in the company following these transactions.

  • On March 6, 2026, the executives received the vested shares under the 2023 Deferred Share Plan.
  • Also on March 6, 2026, the executives sold a portion of the received shares to cover their tax liabilities.

The players

Alberto Calderon

An executive director of AngloGold Ashanti plc.

Gillian Doran

An executive director of AngloGold Ashanti plc.

AngloGold Ashanti plc

A global gold mining company listed on the New York Stock Exchange and the Johannesburg Stock Exchange.

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The takeaway

The transactions by the AngloGold Ashanti executives highlight the company's approach to executive compensation, with a focus on equity-based awards that align the interests of senior leaders with shareholders. The sale of a portion of the shares to cover tax liabilities is a common practice, allowing executives to retain a significant ownership stake in the company.