Coeur EVP has 15,034 shares withheld for taxes
Coeur Mining, Inc. executive Aoife McGrath, EVP of Exploration, reported a tax-related share disposition.
Rhea-AI Filing Summary
Coeur Mining, Inc. executive Aoife McGrath, EVP of Exploration, reported a tax-related share disposition. On the transaction date, 15,034 shares of common stock were withheld by the company to cover taxes due upon the vesting of restricted shares, as permitted under its incentive compensation plan. After this withholding, McGrath directly owned 196,426 common shares, which include 94,052 unvested restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 15,034 shares
Exercise Price or Tax Liability
1 txn
Insider
McGrath Aoife
Role
EVP, Exploration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 15,034 | $26.56 | $399K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 196,426 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 94,052 unvested shares of restricted stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Coeur Mining (CDE) report for Aoife McGrath?
Coeur Mining reported that EVP of Exploration Aoife McGrath had 15,034 common shares withheld to satisfy taxes on vesting restricted stock. This was recorded as a tax-withholding disposition rather than an open-market sale, under the company’s incentive compensation plan.
What does transaction code F mean in the Coeur Mining (CDE) Form 4?
Transaction code F indicates shares were disposed of to pay an exercise price or tax liability. In this case, 15,034 shares were withheld by Coeur Mining to pay taxes due upon the vesting of restricted stock awarded to executive Aoife McGrath.
Is Aoife McGrath’s Coeur Mining (CDE) transaction an open-market sale?
No, the filing describes a tax-withholding disposition, not an open-market sale. Shares were withheld by Coeur Mining to satisfy tax obligations triggered when restricted shares vested, consistent with the terms of its incentive compensation plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.