Coeur Mining (CDE) COO has shares withheld to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coeur Mining, Inc. executive Michael Routledge, EVP & Chief Operating Officer, reported a tax-related share disposition under the company’s incentive compensation plan. On February 26, 2026, 21,153 shares of common stock were withheld by the issuer at $26.56 per share to cover taxes due upon vesting of restricted shares.
After this tax-withholding disposition, Routledge directly owned 529,971 shares of Coeur Mining common stock, which includes 172,089 unvested restricted shares under the company’s incentive compensation plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Routledge Michael
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 21,153 | $26.56 | $562K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 529,971 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 172,089 unvested shares of restricted stock.
FAQ
What insider transaction did Coeur Mining (CDE) report for Michael Routledge?
Coeur Mining reported that EVP & Chief Operating Officer Michael Routledge had 21,153 common shares withheld for taxes. The shares were retained by the issuer to satisfy tax due upon the vesting of restricted stock under its incentive compensation plan.
Was the Coeur Mining (CDE) Form 4 transaction a market sale or a tax withholding?
The Form 4 transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld by Coeur Mining to pay taxes owed when restricted shares vested, in line with the company’s incentive compensation plan terms.