Watkinson (CDE) sold 8,000 shares at $11.62; 80,990 unvested restricted shares remain

Rhea-AI Filing Summary

Kenneth J. Watkinson, VP, Corporate Controller & CAO, reported selling 8,000 shares of Coeur Mining (CDE) on 08/08/2025 at a weighted-average price of $11.62.

After the sale he beneficially owns 143,007 shares, which include 80,990 unvested restricted shares; an additional 1,000 shares are held indirectly by his spouse. The disclosure states the sale was executed in multiple trades at prices between $11.61 and $11.65, with the reported price reflecting the weighted average. The form is a routine Section 16 insider transaction report and does not provide explanation of the sale motivation.

Positive

• Continued substantial ownership: beneficially owns 143,007 shares after the sale.
• Transparency in execution details: sale reported with weighted-average price $11.62 and price range $11.61–$11.65.
• Significant portion of holdings are compensation-related: 80,990 unvested restricted shares are explicitly disclosed.

Negative

• Insider disposition: 8,000 shares were sold on 08/08/2025, reducing direct holdings.
• Indirect holdings noted: 1,000 shares held through spouse are part of beneficial ownership.

Insights

Securities Analyst

TL;DR: Insider sale of 8,000 shares; remaining stake of 143,007 shares remains sizable, so market impact is likely limited.

The transaction is a straightforward Section 16 disclosure: 8,000 shares were sold on 08/08/2025 at a weighted-average price of $11.62 after multiple trades between $11.61 and $11.65. Post-transaction beneficial ownership is 143,007 shares, of which 80,990 are unvested restricted shares, indicating a large portion of the position remains subject to vesting. On balance, this appears to be a routine insider sale with neutral market implications given continued significant holdings.

Corporate Governance Expert

TL;DR: Disclosure complies with Section 16; substantial unvested holdings suggest compensation linkage rather than full divestiture.

The Form 4 shows the reporting person is an officer (VP, Corporate Controller & CAO). The filing discloses a sale of 8,000 shares and continued beneficial ownership of 143,007 shares, including 80,990 unvested restricted shares and 1,000 held indirectly by a spouse. The report notes execution across multiple trades and provides the weighted-average sale price of $11.62. The filing does not state whether the sale was pursuant to a plan or the reason for the disposition.

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^*

Watkinson Kenneth J

(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)
	VP, Corporate Controller & CAO

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		S		8,000	D	$11.62(1)	143,007(2)	D
Common Stock, par value $0.01 per share								1,000	I	By spouse

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. This transaction was executed in multiple trades at prices ranging from $11.61 to $11.65. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.

2. Includes 80,990 unvested shares of restricted stock.

Remarks:

	/s/ Casey M. Nault, Attorney-in-Fact	08/11/2025
	** 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 transaction did Kenneth J. Watkinson report in the Form 4 for CDE?

He reported a sale of 8,000 shares of Coeur Mining (CDE) on 08/08/2025 at a weighted-average price of $11.62.

How many Coeur Mining shares does Watkinson beneficially own after the sale?

He beneficially owns 143,007 shares following the reported transaction.

How many of Watkinson's shares are unvested restricted stock?

The filing states 80,990 unvested restricted shares are included in his beneficial ownership total.

Are any shares reported as indirectly owned by family?

Yes. The filing reports 1,000 shares held indirectly by his spouse.

Was the sale executed in a single trade or multiple trades?

The sale was executed in multiple trades at prices ranging from $11.61 to $11.65; the form reports the weighted-average price $11.62.

Does the filing explain the reason for the sale or indicate a 10b5-1 plan?

The filing does not specify a reason for the sale and does not indicate whether it was part of a 10b5-1 plan.