Coronado Global officer sells 394,736 CDIs
Coronado Global Resources Inc. disclosed that Chief P&S Officer Emma Pollard completed an open-market sale of the company’s equity.
Rhea-AI Filing Summary
Coronado Global Resources Inc. disclosed that Chief P&S Officer Emma Pollard completed an open-market sale of the company’s equity. She sold 394,736 Chess Depositary Interests (CDIs), which represent 39,473.6 shares of common stock, at a U.S. dollar equivalent price of $2.06 per share.
The transaction was executed on the Australian Securities Exchange in CDI form, with CDIs convertible into common stock on a 10-for-1 basis. Following this sale, Pollard’s reported direct holdings of Coronado common stock are shown as zero shares.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 39,473.6 | $2.06 | $81K |
Footnotes (2)
- F1. Reflects an open market sale of 394,736 of the Issuer's Chess Depositary Interests ("CDIs"). CDIs are units of beneficial ownership in shares of common stock of the Issuer that are publicly traded on the Australian Securities Exchange (the "ASX") and held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. The CDIs are convertible into shares of common stock of the Issuer on a 10-for-1 basis.
- F2. The sale was executed in the form of CDIs, trading on the ASX, and as such the sale price has been converted to a U.S. Dollar equivalent, adjusting for the conversion ratio of 1 share of common stock per 10 CDIs.
FAQ
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What insider transaction did Coronado Global (CODQL) report in this Form 4?
At what price were the Coronado Global (CODQL) CDIs sold?
What are Coronado Global (CODQL) Chess Depositary Interests (CDIs)?
Where were the Coronado Global (CODQL) CDIs traded for this insider sale?
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