Newmont (NEM) SVP & CAO reports Form 4 tax-withholding share disposals
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NEWMONT Corp senior vice president and chief accounting officer Brian Tabolt reported two tax-related share dispositions under a Form 4. On February 26, 2,005 common shares were withheld at $124.85 per share to cover tax obligations tied to 2,769 vested restricted stock units. On February 27, 1,212 shares were similarly withheld at $127.47 per share for taxes on 4,582 vested restricted stock units. These are tax-withholding dispositions, not open-market sales, and Tabolt directly held 33,219 common shares after the latest transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Tabolt Brian
Role
SVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $1.60 par value | 1,212 | $127.47 | $154K |
| Tax Withholding | Common Stock, $1.60 par value | 2,005 | $124.85 | $250K |
Holdings After Transaction:
Common Stock, $1.60 par value — 33,219 shares (Direct)
Footnotes (1)
- Shares withheld to satisfy tax withholding obligation applicable to the vesting of 4,582 stock-settled restricted stock units. Shares withheld to satisfy tax withholding obligation applicable to the vesting of 2,769 stock-settled restricted stock units.
FAQ
What did Newmont (NEM) executive Brian Tabolt report on this Form 4?
Brian Tabolt reported two tax-withholding share dispositions related to vesting restricted stock units. Shares were withheld by the company to satisfy tax obligations, rather than sold in open-market transactions, and he continued to directly hold 33,219 Newmont common shares afterward.
Were Brian Tabolt’s Newmont (NEM) transactions open-market sales?
No, the Form 4 describes the transactions as tax-withholding dispositions, not open-market sales. Shares were withheld to pay tax liabilities arising from the vesting of stock-settled restricted stock units granted as part of his equity compensation.