CDO Anthony O'Sullivan sells entire 585.1K-share stake (585,110 shares) in 4 tranches for $3,313,670.34, exiting to zero holdings.
Anthony O'Sullivan, Chief Development Officer of TMC the metals Co Inc., completed a complete exit of his equity stake through four separate sales between May 27 and August 26, 2025, selling 585,110 shares totaling $3,313,670.34 at a blended average price of $5.66. The sales were executed across a wide price range ($4.20 to $7.09 per share), with the largest single tranche (250,000 shares) occurring most recently at $5.25 on August 26, well below the earlier June 20 peak of $7.09 and the current price of $5.26 reflecting a -20.4% decline over 30 days. The complete liquidation of his entire position to zero shares is material given the company's operational challenges—TMC reported $410,000.00 in quarterly revenue against a net loss of $74,341,000.00, placing the stock at -35.1% from its 52-week high after a volatile year spanning $0.72 to $8.10. For a Chief Development Officer tasked with growth strategy, exiting 100% of equity exposure warrants careful consideration of what visibility or expectations informed this complete divestment.