CFO of Coeur Mining (NYSE: CDE) disposes 26,020 shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coeur Mining, Inc. EVP & CFO Thomas S. Whelan reported a tax-withholding disposition of 26,020 shares of common stock on February 26, 2026, with shares withheld by the issuer to pay tax due upon vesting of restricted shares at $26.56 per share. After this transaction, he directly owned 682,119 shares, which includes 154,862 unvested restricted shares, and indirectly held 6,000 shares in a college savings plan for his daughter.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Whelan Thomas S
Role
EVP & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 26,020 | $26.56 | $691K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 682,119 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 restricted shares. Includes 154,862 unvested shares of restricted stock.
FAQ
What insider transaction did Coeur Mining (CDE) report for Thomas S. Whelan?
Coeur Mining EVP & CFO Thomas S. Whelan reported a tax-withholding disposition of 26,020 common shares. The issuer withheld these shares to pay tax due upon vesting of restricted stock, at a value of $26.56 per share.
Was the Coeur Mining (CDE) insider transaction a normal tax-withholding event?
Yes. The 26,020 Coeur Mining shares were withheld under the issuer’s incentive compensation plan to cover taxes on vesting restricted shares. This reflects a tax-withholding disposition, not an open-market sale or discretionary share sale by the executive.
Do Thomas S. Whelan’s Coeur Mining (CDE) holdings include unvested restricted stock?
Yes. His reported direct holdings of 682,119 Coeur Mining shares include 154,862 unvested restricted shares. These restricted shares are part of his incentive compensation and remain subject to vesting conditions under the company’s plan.