Beaudoin reduces stake in Coeur Mining with two sales totaling 48,362 shares
Rhea-AI Filing Summary
Beaudoin Pierre, a director of Coeur Mining, reported open-market stock sales executed on 08/08/2025. The Form 4 shows two separate dispositions: 24,794 shares sold at a weighted average price of $11.61, leaving 163,568 shares beneficially owned directly, and 23,568 shares sold at a weighted average price of $11.53, leaving 140,000 shares beneficially owned directly. The filings state the sales were executed in multiple trades and that the reporting person will provide full trade details on request. No derivative transactions are recorded on the form, and the reporter filed individually as a director.
Positive
- Clear, compliant disclosure of insider sales with quantities and weighted-average prices
- No derivative transactions reported, simplifying ownership and risk assessment
- Reporting person retains substantial direct holdings after the reported sales (163,568 and 140,000 shares)
Negative
- Significant insider sales reported: 24,794 and 23,568 shares sold on 08/08/2025 (total 48,362)
- Form does not provide trade-by-trade price breakdowns; only weighted averages and a statement that multiple trades occurred
Insights
TL;DR: A director executed two open-market sales totaling 48,362 CDE shares; remaining direct holdings remain sizable.
The Form 4 documents two sales on 08/08/2025 totaling 48,362 shares at weighted average prices of $11.61 and $11.53. From a market-impact perspective, the trades are disclosed and executed in multiple lots, which can reduce price disruption. The filing lists only non-derivative transactions and shows the reporting person continues to hold substantial direct positions (163,568 and 140,000 shares after each reported sale). There is no additional context for the sales in the filing, so pricing or timing rationale is not available.
TL;DR: Disclosure is compliant; sales by a director are material to monitor but the form provides no rationale.
The Form 4 meets Section 16 reporting requirements by specifying quantities, weighted average prices, and resulting beneficial ownership. The filer affirms the trades were executed in multiple transactions and offers to provide detailed breakdowns on request, which supports transparency. The absence of derivative activity simplifies ownership analysis. From a governance standpoint, director sales are routine but warrant attention if part of a pattern; this filing alone does not indicate policy breaches or insider trading concerns.