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Tax withholding trims Coeur Mining (CDE) COO’s reported share stake

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

Rhea-AI Filing Summary

Coeur Mining, Inc. executive Michael Routledge, EVP & Chief Operating Officer, reported a tax-related share disposition. On February 17, 2026, 10,627 shares of common stock were withheld by the company at $21.81 per share to cover taxes due on vesting of restricted shares.

After this tax-withholding disposition, Routledge directly holds 519,990 Coeur Mining shares, which the disclosure notes include 204,199 unvested restricted shares. The transaction reflects an administrative tax payment under the company’s incentive compensation plan rather than an open-market sale.

Positive

  • None.

Negative

  • None.
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*
Routledge Michael

(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)
EVP & Chief Operating Officer
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 10,627(1) D $21.81 519,990(2) 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. 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 204,199 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 Michael Routledge?

Coeur Mining reported a tax-withholding share disposition by executive Michael Routledge. On February 17, 2026, the company withheld 10,627 common shares from him to pay taxes due on vesting of restricted stock granted under its incentive compensation plan.

How many Coeur Mining (CDE) shares were withheld for Michael Routledge’s taxes?

A total of 10,627 Coeur Mining common shares were withheld to cover taxes. The shares were valued at $21.81 per share and were retained by the issuer in accordance with its incentive compensation plan when Routledge’s restricted stock vested.

Did Michael Routledge sell Coeur Mining (CDE) shares in the open market?

No, the Form 4 shows a tax-withholding disposition, not an open-market sale. The issuer withheld 10,627 shares to satisfy tax obligations tied to vesting restricted stock, which is an administrative transaction commonly used to cover income tax liabilities.

How many Coeur Mining (CDE) shares does Michael Routledge own after the transaction?

Following the transaction, Michael Routledge directly holds 519,990 Coeur Mining shares. The filing specifies that this figure includes 204,199 unvested restricted shares that remain subject to the company’s vesting conditions under its incentive compensation arrangements.

What are the unvested restricted shares reported for Coeur Mining (CDE) executive Michael Routledge?

The filing notes that Routledge’s holdings include 204,199 unvested restricted shares. These are shares granted under Coeur Mining’s incentive compensation plan that have not yet fully vested and typically become unrestricted only after meeting service or performance conditions.

What does transaction code F mean in the Coeur Mining (CDE) Form 4 filing?

Transaction code F indicates shares used to pay taxes or exercise price. In this case, Coeur Mining withheld 10,627 shares from Michael Routledge specifically to satisfy tax liabilities arising from the vesting of restricted stock awarded under the company’s incentive compensation plan.
Coeur Mng Inc

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