Coronado Global (CODQL) CEO acquires shares via grant and PSU conversion
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coronado Global Resources Inc. CEO and director Douglas Graham Thompson reported equity awards and conversions that increased his directly held common stock. On February 17, 2026, he received a grant of 19,755.2 shares of common stock at a price of $0.00 per share, bringing his direct common stock ownership to 63,259.8 shares.
On February 11, 2026, 374,845 Performance Stock Units (PSUs) were exercised or converted at $0.00 per unit, resulting in an acquisition of 37,484.5 shares of common stock. Footnotes explain that each PSU represents a right to receive one CHESS Depositary Interest (CDI) listed on the Australian Securities Exchange or, at the compensation committee’s election, cash or shares of Coronado’s common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
374,845 shares exercised/converted
Mixed
3 txns
Insider
Thompson Douglas Graham
Role
CEO and Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,755.2 | $0.00 | -- |
| Exercise | Performance Stock Units | 374,845 | $0.00 | -- |
| Exercise | Common Stock | 37,484.5 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 63,259.8 shares (Direct);
Performance Stock Units — 0 shares (Direct)
Footnotes (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 197,552 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).
FAQ
What insider transactions did Coronado Global (CODQL) report for its CEO?
Coronado Global’s CEO Douglas Graham Thompson reported equity awards and conversions that increased his holdings. He received 19,755.2 shares of common stock on February 17, 2026 and 37,484.5 shares from exercising 374,845 Performance Stock Units on February 11, 2026, all at $0.00.
What are Performance Stock Units (PSUs) in the Coronado Global (CODQL) Form 4 filing?
In this filing, each Performance Stock Unit represents a right to receive one CHESS Depositary Interest or, at the compensation committee’s election, an equivalent value of cash or Coronado common stock. The reported 374,845 PSUs all vested and were exercised or converted on February 11, 2026.
How are CHESS Depositary Interests (CDIs) described in the Coronado Global (CODQL) insider filing?
CDIs are described as units of beneficial ownership in Coronado Global common stock, traded on the Australian Securities Exchange. They are held by CHESS Depositary Nominees Pty Limited, a subsidiary of ASX Limited, and are convertible into shares of Coronado’s common stock on a 10-for-1 basis.
When did the Coronado Global (CODQL) CEO’s Performance Stock Units vest?
The filing notes that the Performance Stock Units were acquired on February 12, 2025 or through subsequent dividend equivalent investments and that all such units vested on February 11, 2026. Their vesting and exercise on that date led to the reported common stock acquisition.