Coeur Mining CFO reports tax-withheld shares
Coeur Mining, Inc. executive vice president and CFO Thomas S. Whelan reported an automatic tax-related share disposition under the company’s incentive compensation plan.
Rhea-AI Filing Summary
Coeur Mining, Inc. executive vice president and CFO Thomas S. Whelan reported an automatic tax-related share disposition under the company’s incentive compensation plan. On February 17, 12,664 shares of common stock were withheld by the issuer at $21.81 per share to cover taxes due upon vesting of restricted shares, rather than being sold on the open market.
After this tax-withholding disposition, Whelan directly owned 680,434 shares of Coeur Mining common stock, including 182,639 unvested restricted shares. He also reported indirect ownership of 6,000 shares held in a college savings plan for his daughter.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 12,664 | $21.81 | $276K |
| 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 182,639 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 Thomas S. Whelan?
Does the Coeur Mining (CDE) Form 4 show any indirect holdings for Thomas S. Whelan?
Was Thomas S. Whelan’s Coeur Mining (CDE) transaction an open-market sale?
What do the restricted stock footnotes mean in the Coeur Mining (CDE) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.