Coeur Mining officer covers taxes with share withholding
Coeur Mining, Inc. executive Kenneth J. Watkinson, VP, Corporate Controller & CAO, reported a tax-related share withholding.
Rhea-AI Filing Summary
Coeur Mining, Inc. executive Kenneth J. Watkinson, VP, Corporate Controller & CAO, reported a tax-related share withholding. On the vesting of restricted stock, the issuer withheld 3,122 shares of common stock at $21.81 per share to cover tax liabilities under its incentive compensation plan.
After this tax-withholding disposition, Watkinson directly owns 117,884 shares of Coeur Mining common stock, which includes 71,671 unvested restricted shares. In addition, his spouse indirectly holds 1,000 shares reported as indirect ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 3,122 | $21.81 | $68K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Footnotes (2)
- F1. In accordance with the terms of the issuer's incentive compensation plan, these shares have been withheld by the issuer to pay tax due upon the vesting of restricted shares.
- F2. Includes 71,671 unvested shares of restricted stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Coeur Mining (CDE) report for Kenneth J. Watkinson?
Did the Coeur Mining (CDE) Form 4 show an open-market sale by the executive?
What portion of Kenneth J. Watkinson’s Coeur Mining (CDE) holdings are unvested restricted stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.