NEM insider updates holdings after 2,702-share tax settlement
Rhea-AI Filing Summary
Newmont Corp (NEM) reported an insider tax-withholding transaction by its SVP & CAO. On 11/03/2025, 2,702 shares of common stock were withheld at $80.97 under code “F,” which indicates shares withheld to cover taxes. The filing notes this related to the vesting of 6,175 stock‑settled RSUs. Following the withholding, the reporting person beneficially owned 29,913 shares, held directly.
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Insights
Administrative Form 4: tax withholding tied to RSU vesting.
This Form 4 records a routine equity compensation event for Newmont's SVP & CAO. On 11/03/2025, 2,702 shares were withheld under transaction code F at $80.97 per share to satisfy taxes from vesting RSUs.
The note specifies the vesting involved 6,175 stock‑settled RSUs, with 2,702 shares withheld for taxes. After this event, beneficial ownership stands at 29,913 shares, held directly. Such transactions do not reflect open‑market buying or selling.
As this is a standard tax settlement mechanism, it is typically neutral for valuation; it primarily updates beneficial ownership records and reflects equity award administration.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $1.60 par value | 2,702 | $80.97 | $219K |
Footnotes (1)
- F1. Shares withheld to satisfy tax withholding obligation applicable to the vesting of 6,175 stock-settled restricted stock units.
FAQ
What insider transaction did Newmont (NEM) report on Form 4?
When did the Newmont (NEM) transaction occur?
What triggered the withholding in Newmont (NEM)'s Form 4?
Was this an open-market sale by the Newmont (NEM) insider?
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