Newmont (NYSE: NEM) EVP gets stock grant, withholds shares for tax
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Newmont Corp executive Peter Wexler reported two stock transactions. On February 23, he acquired 4,694 shares of common stock as a grant at $0.00 per share, increasing his direct holdings. On February 24, 1,812 shares were withheld at $124.25 per share to cover taxes on vesting restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Wexler Peter
Role
EVP, CLO & Interim CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $1.60 par value | 1,812 | $124.25 | $225K |
| Grant/Award | Common Stock, $1.60 par value | 4,694 | $0.00 | -- |
Holdings After Transaction:
Common Stock, $1.60 par value — 91,651 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Newmont (NEM) executive Peter Wexler report?
Peter Wexler reported one stock grant and one tax-related share withholding. He received 4,694 Newmont common shares as a grant, then 1,812 shares were withheld the next day to satisfy tax obligations tied to vesting restricted stock units.
At what prices were Peter Wexler’s Newmont (NEM) Form 4 transactions recorded?
The stock grant was recorded at $0.00 per share and the tax withholding at $124.25 per share. The zero-cost grant reflects a compensation award, while the $124.25 price applies to the 1,812 shares withheld to satisfy tax obligations on vesting restricted stock units.
What do the transaction codes A and F mean in Peter Wexler’s Newmont (NEM) Form 4?
Code A indicates a grant or award of shares, while code F indicates shares used for tax payment. Wexler’s filing shows a 4,694-share grant under code A and 1,812 shares withheld for taxes under code F tied to restricted stock unit vesting.