Coeur Mining (CDE) HR chief has 9,816 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coeur Mining, Inc. executive Emilie C. Schouten, EVP & Chief HR Officer, reported a tax-related share disposition. On this Form 4, 9,816 shares of common stock were withheld by the issuer at $27.15 per share to satisfy tax obligations arising from the vesting of restricted shares, rather than being sold in the open market. Following this withholding transaction, Schouten directly owned 447,373 shares of Coeur Mining common stock, which includes 73,010 unvested restricted shares under the company’s incentive compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Schouten Emilie C.
Role
EVP & Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 9,816 | $27.15 | $267K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 447,373 shares (Direct)
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 73,010 unvested shares of restricted stock.
FAQ
What insider transaction did Coeur Mining (CDE) report for Emilie C. Schouten?
Coeur Mining reported that executive Emilie C. Schouten had 9,816 common shares withheld to pay taxes on restricted stock vesting. The transaction was coded as a tax-withholding disposition under the company’s incentive compensation plan, not an open-market sale.
Was the Coeur Mining (CDE) insider transaction an open-market sale?
No, the transaction was not an open-market sale. The 9,816 shares were withheld by Coeur Mining to pay tax due upon vesting of restricted shares, consistent with the incentive compensation plan, and recorded as a tax-withholding disposition on the Form 4.
What transaction code was used in the Coeur Mining (CDE) Form 4 for Emilie C. Schouten?
The Form 4 uses transaction code F for Emilie C. Schouten’s transaction. Code F indicates payment of exercise price or tax liability by delivering securities, in this case shares withheld by Coeur Mining when restricted stock vested under its incentive compensation plan.
What role does Emilie C. Schouten hold at Coeur Mining (CDE)?
Emilie C. Schouten is Coeur Mining’s EVP & Chief HR Officer. As a Section 16 reporting officer, she must disclose equity-related transactions such as share withholding for taxes on vested restricted stock through Form 4 insider transaction reports filed with regulators.