Mayank Bansal, CFA
Mayank Bansal is a CFA Charterholder and heads the Equity Research team at Kapitales Research, with over 5 years of experience analysing global equity markets. He leads fundamental, data-driven research combining rigorous financial analysis with macro trends.
Vicinity Centres Director Peter Huddle Receives 389,640 Stapled Securities Under FY2026 Incentive
Highlights
Appendix 3Y Lodged With the ASX
Vicinity Centres (ASX: VCX) confirmed on 6 October 2026 that a Change of Director's Interest Notice has been filed in respect of Peter Charles Huddle. The Appendix 3Y shows that 389,640 stapled securities were allocated to him on 30 September 2026.
Vicinity Limited and Vicinity Centres Trust lodged the notice with the Australian Securities Exchange (ASX). The filing explains that the securities represent the deferred equity portion of Huddle's short-term incentive for the 2026 financial year, as described in the company's 2026 Remuneration Report.
No cash changed hands. To work out the number of securities, the company used the volume-weighted average price of its stapled securities across the 10 trading days just before 21 September 2026. That date was when the FY2026 short-term incentive was paid in cash. The resulting price was AU$2.3744 per security.
Holdings After the Allocation
Huddle's direct holding of fully paid ordinary stapled securities rose from 1,861,544 to 2,251,184. His indirect interest, held in the name of KJ Huddle, was unaffected and stands at 1,105,787 stapled securities.
The notice also lists the performance rights he continues to hold under three equity incentive plans:
The 389,640 securities are subject to deferral. Half are deferred for 12 months and the other half for 24 months. This feature is built into the company's remuneration framework and ties part of executive pay to holding equity over time.
Why the Notice Matters to Investors
Investors tend to follow changes in directors' holdings closely. Such notices shed light on executive pay and on how much exposure directors have to the company's equity. Here, the filing makes clear that the allocation arises from incentive arrangements already disclosed. It was not an on-market purchase paid for by the director himself. The notice adds that the interests it covers were not traded during a closed period for which prior written clearance was needed.
VCX Share Price
Shares in Vicinity Centres were quoted at AU$2.300, a gain of AU$0.010 or 0.436%. The filing gives a clear view of the company's executive remuneration arrangements and the change they produced in Huddle's direct ownership. Later director-interest notices and company announcements may offer more detail on governance, remuneration and business performance.
Note- All data presented is based on information available at the time of writing.
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