Newmont director awarded 1,719 stock units
BOYCE GREGORY H reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
BOYCE GREGORY H reported acquisition or exercise transactions in this Form 4 filing.
Newmont Corporation director Gregory H. Boyce received an equity award tied to his board service. He was granted 1,719 shares of common stock in the form of director stock units (DSUs) in connection with his re-election to the Board. The DSUs are immediately fully vested and non-forfeitable and represent the right to receive one share of common stock for each DSU upon his retirement from the Board. Following this grant, he holds 46,871 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1.60 par value | 1,719 | $0.00 | $0.00 |
Footnotes (1)
- F1. The reported transaction reflects director stock units ("DSUs") awarded under the Issuer's 2020 Stock Incentive Compensation Plan (the "Plan") in connection with the reporting person's re-election to the Newmont Corporation Board of Directors. DSUs represent the right to receive shares of common stock and are immediately fully vested and non-forfeitable. Upon retirement from the Board of Directors, the reporting person is entitled to receive one share of common stock for each DSU.
Key Figures
Key Terms
director stock units financial
2020 Stock Incentive Compensation Plan financial
fully vested and non-forfeitable financial
retirement from the Board of Directors financial
FAQ
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What insider transaction did Newmont (NEM) report for Gregory H. Boyce?
What are director stock units (DSUs) in Newmont’s (NEM) compensation plan?
Why did Newmont (NEM) grant 1,719 DSUs to Gregory H. Boyce?
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