Aspen Group joint CEOs undertake major share sale

Aspen Group’s joint chief executives David Dixon and John Carter have sold a combined 3.5 million securities in a block trade worth about $20 million.

The transaction represents 18% of David and John’s aggregate holdings and marked their first sale since building stakes in Aspen Group from 2015 and joining as executives in 2019.

The transaction, carried out under the company’s securities trading policies, is described as a diversification move, leaving the pair with 13.4 million securities, or 5.9% of issued capital, plus 2.5 million incentive rights.

David and John state that they intend to retain their remaining holdings and remain committed to the group’s long‑term growth. 

Aspen Group targets the 40% of Australian households with income less than $100,000 a year. The Group owns 10 land lease communities across South Australia, Western Australia, NSW and Victoria, as well as rent and sell residential homes and land, and operate short and long-stay holiday parks.

The profit after tax for Aspen Group in 1H26 was $35.9 million for the six months ended 31 December 2025, up from $31.2 million in the previous six months.