Coronado Global Resources Inc. (ASX:CRN) CDO reports PSU share awards

Rhea-AI Filing Summary

Coronado Global Resources Inc. Chief Development Officer Jeffrey D. Bitzer reported equity awards and conversions that increased his direct common stock holdings. On February 11, 2026, performance stock units were exercised into 37,150.8 shares of common stock at a stated price of $0.00 per share.

On February 17, 2026, he received an additional 10,014.6 shares of common stock, delivered as 100,146 CHESS Depositary Interests (CDIs) upon PSU vesting, also at a stated price of $0.00 per share. Following these transactions, he directly owns 62,231.7 shares of common stock.

Insider Trade Summary

371,508 shares exercised/converted

Mixed 3 txns

Insider Bitzer Jeffrey D

Role Chief Development Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	10,014.6	$0.00	--
Exercise	Performance Stock Units	371,508	$0.00	--
Exercise	Common Stock	37,150.8	$0.00	--

Holdings After Transaction: Common Stock — 62,231.7 shares (Direct); Performance Stock Units — 0 shares (Direct)

Footnotes (1)

1. The Performance Stock Units ("PSUs") were acquired on February 12, 2025 or through subsequent dividend equivalent investments and all vested on February 11, 2026. Each PSU represented a right to receive one CHESS Depositary Interest ("CDI") or, at the election of the Compensation and Nominating Committee of the Issuer's Board of Directors (the "Compensation Committee"), an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof). 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. Reflects 100,146 CDIs that were acquired on February 17, 2026 as a result of PSUs vesting on the same day. Reflects common stock underlying PSUs. Each PSU represents a right to receive one CDI or, at the election of the Compensation Committee, an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof).

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Bitzer Jeffrey D

(Last) (First) (Middle)

C/O CORONADO GLOBAL RESOURCES INC.

100 BILL BAKER WAY

(Street)

BECKLEY WV 25801

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Coronado Global Resources Inc. [ ASX:CRN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Development Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/11/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/11/2026		M		37,150.8(1)	A	$0.00	52,217.1	D
Common Stock	02/17/2026		A		10,014.6(2)	A	$0.00	62,231.7	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Performance Stock Units	$0.00	02/11/2026		M			371,508	(1)	(1)	Common Stock	37,150.8(3)	$0	0	D

Explanation of Responses:

1. The Performance Stock Units ("PSUs") were acquired on February 12, 2025 or through subsequent dividend equivalent investments and all vested on February 11, 2026. Each PSU represented a right to receive one CHESS Depositary Interest ("CDI") or, at the election of the Compensation and Nominating Committee of the Issuer's Board of Directors (the "Compensation Committee"), an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof). 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.

2. Reflects 100,146 CDIs that were acquired on February 17, 2026 as a result of PSUs vesting on the same day.

3. Reflects common stock underlying PSUs. Each PSU represents a right to receive one CDI or, at the election of the Compensation Committee, an equivalent value of cash or shares of common stock of the Issuer (or a combination thereof).

	/s/ Susan Casey, as Attorney-in-Fact	02/19/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What does the Coronado Global Resources (CODQL) Form 4 for Jeffrey Bitzer report?

The Form 4 shows Jeffrey D. Bitzer, Chief Development Officer, acquiring Coronado Global Resources common stock through performance stock unit exercises and vesting. These are equity awards, not open-market purchases, and increased his directly owned common share balance.

How many Coronado Global Resources common shares did Jeffrey Bitzer acquire?

Jeffrey Bitzer acquired 37,150.8 common shares on February 11, 2026 via performance stock unit conversion and 10,014.6 common shares on February 17, 2026 through vested PSUs settled in CHESS Depositary Interests, all at a stated price of $0.00 per share.

What are Performance Stock Units (PSUs) and CDIs in the Coronado Global Resources filing?

Performance Stock Units (PSUs) are rights that can settle in CHESS Depositary Interests (CDIs), cash, or Coronado common stock. Each PSU represents one CDI, and each CDI is convertible into common stock on a 10-for-1 basis, as disclosed in the filing.

On what dates did Jeffrey Bitzer’s Coronado Global Resources PSUs vest and convert?

The filing states that the PSUs vested on February 11, 2026. On that date, PSUs converted into 37,150.8 common shares. Additional PSUs vested and were reflected as 100,146 CDIs acquired on February 17, 2026, equating to common shares.

What is Jeffrey Bitzer’s Coronado Global Resources common stock ownership after these Form 4 transactions?

After the reported transactions, Jeffrey D. Bitzer directly owns 62,231.7 shares of Coronado Global Resources common stock. This total reflects the additional shares received from both the February 11, 2026 PSU conversion and the February 17, 2026 CDI-settled PSU vesting.

Did Jeffrey Bitzer pay cash for the Coronado Global Resources shares reported on Form 4?

No cash payment is indicated. The common shares were acquired at a stated price of $0.00 per share, reflecting equity compensation through performance stock unit exercises and vesting, rather than open-market purchases for cash consideration.