Tax withholding trims Coeur Mining (CDE) EVP Casey Nault’s stake by 15,911 shares
Rhea-AI Filing Summary
Coeur Mining EVP and General Counsel Casey M. Nault had 15,911 shares of common stock withheld by the company on tax grounds, not sold on the open market. The shares were withheld at a price of $27.15 per share to cover taxes due when restricted stock vested under the company’s incentive compensation plan.
After this tax-withholding disposition, Nault directly holds 550,086 shares of Coeur Mining common stock, which includes 104,566 unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,911 shares
Net Sell
1 txn
Insider
Nault Casey M.
Role
EVP, GC & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 15,911 | $27.15 | $432K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 550,086 shares (Direct)
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 104,566 unvested shares of restricted stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Coeur Mining (CDE) report for Casey M. Nault?
Coeur Mining reported a tax-related share withholding for executive Casey M. Nault. The company withheld 15,911 common shares to pay taxes due upon the vesting of restricted stock granted under its incentive compensation plan.
Was Casey M. Nault’s Coeur Mining (CDE) Form 4 transaction an open-market sale?
The Form 4 transaction was not an open-market sale. Coeur Mining withheld 15,911 shares from vested restricted stock to pay Nault’s tax liability, a non-market, tax-withholding disposition back to the issuer.
What does the Form 4 footnote say about Casey M. Nault’s Coeur Mining (CDE) restricted stock?
The footnote explains that shares were withheld to pay taxes on vesting restricted stock. It also states Nault’s reported holdings include 104,566 unvested restricted shares, reflecting equity granted under Coeur Mining’s incentive compensation plan.