Coeur Mining (NYSE: CDE) CFO gets stock awards, shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coeur Mining, Inc. EVP & CFO Thomas S. Whelan reported equity-based transactions in company stock. He acquired 20,857 shares and 14,727 shares of common stock as grants at no cost, and 7,879 shares were withheld by the company at $24.63 per share to cover tax obligations upon vesting of performance shares. Following these transactions, he directly owns 708,139 shares, which include 203,496 unvested restricted shares, and indirectly holds 6,000 shares through a college savings plan for his daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Whelan Thomas S
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 20,857 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 per share | 14,727 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 7,879 | $24.63 | $194K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 701,291 shares (Direct);
Common Stock, par value $0.01 per share — 6,000 shares (Indirect, College savings plan for daughter)
Footnotes (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 performance shares. Includes 203,496 unvested shares of restricted stock
FAQ
What insider transactions did CDE EVP & CFO Thomas Whelan report?
Thomas Whelan reported equity-based transactions involving Coeur Mining common stock. He received two stock grants and had shares withheld to cover taxes. These transactions reflect compensation and tax withholding, not open-market buying or selling activity in the company’s shares.
Are the reported Coeur Mining (CDE) insider transactions open-market trades?
The reported transactions are equity grants and tax withholding, not open-market trades. Shares were acquired through stock awards at no cost and disposed of only to satisfy tax obligations tied to vesting performance shares, according to the issuer’s incentive compensation plan.