Coronado Global (CODQL) CEO acquires shares via grant and PSU conversion

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.

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

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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^*

Thompson Douglas Graham

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CEO and Director

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		37,484.5(1)	A	$0.00	43,504.6	D
Common Stock	02/17/2026		A		19,755.2(2)	A	$0.00	63,259.8	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			374,845	(1)	(1)	Common Stock	37,484.5(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 197,552 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/ Douglas G. Thompson	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 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.

How many Coronado Global (CODQL) shares does the CEO own after these Form 4 transactions?

After the reported transactions, Douglas Graham Thompson directly owns 63,259.8 shares of Coronado Global common stock. This figure reflects his holdings following the February 17, 2026 grant of 19,755.2 shares and earlier acquisitions tied to Performance Stock Unit conversions.

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.

Did the Coronado Global (CODQL) CEO buy or sell shares for cash in this Form 4?

The transactions were equity awards and derivative exercises at $0.00 per share, not open-market cash purchases or sales. They reflect grants and PSU conversions that increased Douglas Graham Thompson’s direct ownership, rather than discretionary buying or selling in the market.

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.