Coeur Mining SVP sells 100,000 shares under 10b5-1 plan at $10.02

Rhea-AI Filing Summary

Casey M. Nault, SVP, General Counsel & Secretary of Coeur Mining, Inc. (CDE), sold 100,000 shares of Coeur common stock on 08/07/2025 under a pre-established Rule 10b5-1 selling plan adopted on 02/28/2025. The sale was executed in multiple trades at prices ranging from $10.00 to $10.07, with a weighted average sale price of $10.02.

Following the reported disposition, the reporting person beneficially owned 670,880 shares, which explicitly includes 186,484 unvested restricted shares. The Form 4 discloses the 10b5-1 plan and provides a undertaking to supply detailed trade-level information upon request.

Positive

• Sale executed under a Rule 10b5-1 selling plan, indicating a pre-arranged transaction and providing procedural transparency
• Detailed pricing disclosure — weighted average price of $10.02 and reported price range of $10.00–$10.07

Negative

• Insider disposition of 100,000 shares reduced beneficial ownership to 670,880 shares
• Significant portion of remaining ownership is unvested — 186,484 restricted shares included in the total

Insights

Securities Analyst

TL;DR: Routine, pre-arranged insider sale under a 10b5-1 plan with limited immediate valuation impact.

The Form 4 reports a disposition of 100,000 shares by an executive officer executed on 08/07/2025 at a weighted average price of $10.02. Because the sale was made pursuant to a Rule 10b5-1 plan adopted on 02/28/2025, it signals a pre-arranged transaction rather than opportunistic trading. The post-transaction beneficial ownership of 670,880 shares, including 186,484 unvested restricted shares, is clearly disclosed. Overall, this is a neutral, routine disclosure for investors.

Corporate Governance Expert

TL;DR: Use of a 10b5-1 plan enhances disclosure transparency but the officer's liquid stake was reduced by this sale.

The filing documents that the sale was effected under an established Rule 10b5-1 selling plan, which generally provides an affirmative defense for preplanned transactions and improves governance transparency. The filer sold 100,000 shares in multiple trades at prices between $10.00 and $10.07. The Form also discloses that 186,484 of the remaining shares are unvested restricted stock, clarifying the mix of vested versus unvested holdings. From a governance standpoint the disclosure is comprehensive and procedurally consistent with accepted insider-trading controls.

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).

X

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^*

Nault Casey M.

(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)
	SVP, GC & Secretary

3. Date of Earliest Transaction (Month/Day/Year)
08/07/2025

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	08/07/2025		S(1)		100,000	D	$10.02(2)	670,880(3)	D

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. The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 selling plan adopted by the reporting person on February 28, 2025 (as disclosed in the Registrant's Current Report on Form 10-Q filed on May 7, 2025).

2. This transaction was executed in multiple trades at prices ranging from $10.00 to $10.07. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

3. Includes 186,484 unvested shares of restricted stock

Remarks:

	/s/ Casey M. Nault	08/08/2025
	** 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 did Casey M. Nault sell and when (CDE)?

The filing reports a sale of 100,000 shares of Coeur Mining common stock on 08/07/2025.

At what price were the CDE shares sold?

The shares were sold in multiple trades at prices ranging from $10.00 to $10.07, with a weighted average sale price of $10.02.

Was the sale part of a Rule 10b5-1 plan?

Yes. The Form 4 states the sale was effected pursuant to a Rule 10b5-1 selling plan adopted on 02/28/2025.

How many shares does Casey Nault beneficially own after the sale?

After the reported transaction the filing shows beneficial ownership of 670,880 shares.

How many of the shares are unvested restricted stock?

The filing discloses that 186,484 of the reported shares are unvested restricted stock.