Coeur Mining (CDE) Form 144 shows insider sale and planned NYSE sale
Rhea-AI Filing Summary
Form 144 filed for Coeur Mining, Inc. (CDE) reports an insider sale and a proposed future sale of common stock. The filing shows that Pierre Beaudoin sold 60,551 common shares on 05/09/2025 for $442,301.15 in gross proceeds. It also notifies a proposed sale of 24,794 sharesaggregate market value of $287,781.48 and the issuer's outstanding shares listed as 642,715,694. The securities to be offered were recently acquired by exercising options on 03/27/2025 (8,765 shares), 04/16/2025 (9,078), and 05/08/2025 (6,951), with payment made in cash.
Positive
- Transparent disclosure of completed insider sale (60,551 shares) and proposed sale (24,794 shares) through a registered broker.
- Securities were acquired by exercised options and paid in cash, with acquisition dates and amounts explicitly listed (03/27/2025, 04/16/2025, 05/08/2025).
Negative
- Insider sale occurred recently (60,551 shares sold on 05/09/2025), which some investors may view as a liquidity event.
- Filing provides no trading-plan context or explanation beyond the required representation, leaving motives and timing unexplained.
Insights
TL;DR: Insider sale disclosed; proposed sale from recently exercised options, no additional material disclosures.
The filing documents a completed insider sale of 60,551 shares and a planned sale of 24,794 shares through a broker-dealer on the NYSE. The reported shares were acquired by option exercises in March, April and May 2025 and paid in cash, which is consistent with routine post-exercise disposition. The notice includes the seller's representation about lack of undisclosed material adverse information. From a governance perspective, the filing is procedural and transparent but does not provide context on executive intent or trading plans.
TL;DR: Transaction sizes are modest relative to total outstanding shares; filing provides clear transaction dates and proceeds.
The disclosed sale proceeds of $442,301.15 and the proposed sale value of $287,781.48 are explicitly stated. The issuer's outstanding share count is listed as 642,715,694, which frames these transactions as small in absolute company terms. All acquisitions cited were exercises of shares with cash payment, and the sales are routed through a recognized broker-dealer. This filing conveys routine insider liquidity rather than a material corporate development.