ANZ NZ CEO David Hisco sells some shares in his bank's Australian parent

ANZ New Zealand CEO David Hisco has sold 12,000 ordinary shares in his bank's parent, ANZ Banking Group, for A$403,800. 

The sale is revealed in a sharemarket disclosure and was made in one transaction on Wednesday, June 4. 

Based on the price for all the shares, they were sold for A$33.65 each. They traded as high as A$33.78 on Wednesday before closing at A$33.39.

Last year Hisco's total salary package, including long-term, non-cash benefits topped NZ$4 million.