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Tax withholding trims Coeur Mining (NYSE: CDE) VP’s reported shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

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

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Negative

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Insider Watkinson Kenneth J
Role VP, Corporate Controller & CAO
Type Security Shares Price Value
Tax Withholding Common Stock, par value $0.01 per share 3,122 $21.81 $68K
holding Common Stock, par value $0.01 per share -- -- --
Holdings After Transaction: Common Stock, par value $0.01 per share — 117,884 shares (Direct); Common Stock, par value $0.01 per share — 1,000 shares (Indirect, By spouse)
Footnotes (1)
  1. 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. Includes 71,671 unvested shares of restricted stock.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Watkinson Kenneth J

(Last) (First) (Middle)
200 SOUTH WACKER DRIVE, SUITE 2100

(Street)
CHICAGO IL 60606

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Coeur Mining, Inc. [ CDE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Corporate Controller & CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.01 per share 02/17/2026 F 3,122(1) D $21.81 117,884(2) D
Common Stock, par value $0.01 per share 1,000 I By spouse
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. 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.
2. Includes 71,671 unvested shares of restricted stock.
Remarks:
/s/ Casey M. Nault, Attorney-in-Fact 02/19/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Coeur Mining (CDE) report for Kenneth J. Watkinson?

Kenneth J. Watkinson reported a tax-withholding disposition of shares. The issuer withheld 3,122 common shares at $21.81 each to pay taxes due upon the vesting of restricted stock granted under its incentive compensation plan.

Did the Coeur Mining (CDE) Form 4 show an open-market sale by the executive?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were withheld by the issuer to satisfy tax obligations triggered when restricted stock vested, consistent with the company’s incentive compensation plan terms.

How many Coeur Mining (CDE) shares does Kenneth J. Watkinson own after the transaction?

After the transaction, Kenneth J. Watkinson directly owns 117,884 Coeur Mining common shares. This direct position includes 71,671 unvested restricted shares that remain subject to vesting conditions under the issuer’s incentive compensation plan.

What was the price used for the tax-withholding shares in the Coeur Mining (CDE) filing?

The tax-withholding disposition used a price of $21.81 per share for the 3,122 common shares withheld. This per-share value is used to determine the amount of stock needed to cover the executive’s tax liability on vesting.

Does Kenneth J. Watkinson report any indirect ownership of Coeur Mining (CDE) shares?

Yes. In addition to his direct holdings, the Form 4 reports 1,000 Coeur Mining shares held indirectly by his spouse. These shares are classified as indirect ownership, while the main reported position is held directly by him.

What portion of Kenneth J. Watkinson’s Coeur Mining (CDE) holdings are unvested restricted stock?

The filing notes that his direct holdings include 71,671 unvested restricted shares. These shares are part of Coeur Mining’s incentive compensation plan and remain subject to vesting conditions before they become fully unrestricted common stock.