Newmont (NYSE: NEM) SVP reports stock award and tax-share withholding
Rhea-AI Filing Summary
Newmont senior vice president and chief accounting officer Brian Tabolt reported two stock transactions. On February 27, he acquired 490 shares of common stock through a grant or award at no cost. On March 2, 215 shares were disposed of to satisfy tax withholding tied to the vesting of those stock-settled performance units, leaving him with 33,494 directly owned shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 275 shares
Net Buy
2 txns
Insider
Tabolt Brian
Role
SVP & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $1.60 par value | 215 | $127.47 | $27K |
| Grant/Award | Common Stock, $1.60 par value | 490 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock, $1.60 par value — 33,494 shares (Direct)
Footnotes (1)
- F1. Shares withheld to satisfy tax withholding obligation applicable to the vesting of 490 stock-settled performance stock units.
FAQ
What insider transactions did Newmont (NEM) report for Brian Tabolt?
Newmont reported that SVP & CAO Brian Tabolt received a grant of 490 shares of common stock, then had 215 shares withheld to cover taxes on the vesting of performance stock units, resulting in direct ownership of 33,494 shares afterward.
What does the Form 4 code F mean in this Newmont (NEM) filing?
Code F in this Form 4 indicates a tax-withholding disposition. For Newmont, 215 shares were withheld from Brian Tabolt to pay taxes due upon vesting of 490 stock-settled performance stock units, rather than being sold on the open market.
AI-generated analysis. How Rhea-AI works. Not financial advice.