Investing.com -- Shares of International Consolidated Airlines Group (LON: ICAG ) S.A. (BME: ICAG ) (IAG) edged higher on Thursday after British Airways chief executive Sean Doyle sold over £2 million worth of stock in the company, according to a regulatory filing released by the London Stock Exchange (LON: LSEG ) on Wednesday.

Doyle sold 650,000 IAG shares at £3.296378 each on May 22, totaling about £2.14 million. IAG said the transaction was connected to a 2022 long-term incentive plan that was awarded primarily in shares.

Doyle, who took over as CEO of British Airways in October 2020, has overseen the airline during its recovery from the COVID-19 pandemic.