Ivanhoe Electric (NYSE: IE) CEO sells shares for taxes, gets RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ivanhoe Electric Inc. President and CEO Melvin Joseph Taylor reported both a stock sale and a stock award. On March 6, 2026, he sold 6,808 shares of common stock in open-market transactions at a weighted average price of $13.20 per share to satisfy tax withholding obligations on vesting restricted stock units.
That same day, he received a grant of 45,697 shares of common stock for no cash consideration as a restricted share unit award, which is subject to vesting beginning on March 6, 2026 and continued employment. Following these transactions, he directly held 671,807 shares of Ivanhoe Electric common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 6,808 shares ($89,866)
Net Sell
2 txns
Insider
Melvin Joseph Taylor
Role
President and CEO
Sold
6,808 shs ($90K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 6,808 | $13.20 | $90K |
| Grant/Award | COMMON STOCK | 45,697 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 626,110 shares (Direct)
Footnotes (1)
- Mr. Melvin sold 6,808 shares of common stock to satisfy tax withholding obligations on the 22,831 restricted stock units that vest on March 6, 2026. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $13.10 to $13.345, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. Restricted share unit award subject to vesting beginning on March 6, 2026 and continued employment.
FAQ
What insider transactions did IE President and CEO Melvin Taylor report?
Melvin Taylor reported two transactions in Ivanhoe Electric common stock. He sold 6,808 shares in an open-market sale and received a grant of 45,697 shares as a restricted share unit award, both dated March 6, 2026.
What stock award did Melvin Taylor receive from Ivanhoe Electric (IE)?
Melvin Taylor received 45,697 shares of Ivanhoe Electric common stock as a grant or award for no cash consideration. The award is structured as restricted share units, subject to vesting beginning on March 6, 2026 and continued employment with the company.
What are the vesting terms of Melvin Taylor’s Ivanhoe Electric (IE) restricted units?
The restricted share unit award covering 45,697 shares begins vesting on March 6, 2026. Vesting is also conditioned on Melvin Taylor’s continued employment with Ivanhoe Electric, as stated in the award’s descriptive footnote.