Newmont (NEM) director Julio Quintana receives 1,645 director stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newmont Corporation director Julio M. Quintana received an equity award tied to his board service. On May 13, 2026, he acquired 1,645 shares of Newmont common stock in the form of director stock units under the 2020 Stock Incentive Compensation Plan. These director stock units are immediately fully vested and non‑forfeitable and entitle him to receive one share of common stock for each unit upon retirement from the Board of Directors. Following this grant, he directly holds 46,797 shares of Newmont common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quintana Julio M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, $1.60 par value | 1,645 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $1.60 par value — 46,797 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Director stock units granted: 1,645 shares
Total shares after transaction: 46,797 shares
Price per share for grant: $0.00
+1 more
4 metrics
Director stock units granted
1,645 shares
Equity award on May 13, 2026
Total shares after transaction
46,797 shares
Direct holdings following grant
Price per share for grant
$0.00
Non-cash stock award under plan
Transaction code
A
Grant, award, or other acquisition
Key Terms
director stock units, 2020 Stock Incentive Compensation Plan, fully vested, non-forfeitable
4 terms
director stock units financial
"The reported transaction reflects director stock units ("DSUs") awarded under the Issuer's 2020 Stock Incentive Compensation Plan"
Director stock units are promises a company makes to its board members to pay them company shares (or cash equal to the share value) after a set period or when certain conditions are met. They matter to investors because they align directors’ incentives with shareholders—encouraging decisions that boost long‑term value—but can also increase the total shares outstanding when converted, slightly diluting existing ownership.
2020 Stock Incentive Compensation Plan financial
"DSUs awarded under the Issuer's 2020 Stock Incentive Compensation Plan (the "Plan")"
fully vested financial
"DSUs represent the right to receive shares of common stock and are immediately fully vested and non-forfeitable"
non-forfeitable financial
"DSUs represent the right to receive shares of common stock and are immediately fully vested and non-forfeitable"
FAQ
What did Newmont (NEM) director Julio M. Quintana report on this Form 4?
Julio M. Quintana reported an equity award of 1,645 director stock units in Newmont common stock. The award was granted under Newmont’s 2020 Stock Incentive Compensation Plan in connection with his re-election to the Board of Directors and is recorded as a compensation-related acquisition.
What are director stock units (DSUs) in Newmont’s 2020 Stock Incentive Compensation Plan?
Director stock units are equity awards representing the right to receive Newmont common shares in the future. Under the 2020 Stock Incentive Compensation Plan, the DSUs granted to Julio M. Quintana are immediately fully vested and non-forfeitable, with settlement in one share of stock per unit at board retirement.
Was Julio M. Quintana’s Newmont (NEM) Form 4 transaction an open-market buy or sale?
The filing shows a compensation-related acquisition, not an open-market trade. The transaction code “A” reflects a grant or award of 1,645 director stock units under Newmont’s 2020 stock plan, with no purchase price per share and no concurrent sale reported in this filing.
When will the director stock units granted to Julio M. Quintana convert into Newmont (NEM) shares?
The director stock units will convert into shares of Newmont common stock upon his retirement from the Board of Directors. At that time, he is entitled to receive one share for each director stock unit, according to the terms described for this grant in the filing footnote.