Form 4: Coeur Mining CEO Mitchell Krebs Reports Stock Transactions
SEC Form 4 Filing
Mitchell Krebs, CEO of Coeur Mining, reports the acquisition and disposal of company stock related to tax obligations and vesting of restricted and performance shares.
Summary
- On February 21, 2025, Mitchell Krebs, the Chairman, President, and CEO of Coeur Mining, engaged in transactions involving the company's common stock.
- Krebs disposed of 28,016 shares to cover tax obligations at a price of $5.46 per share.
- He also acquired 162,212 shares at $0, likely due to vesting of restricted stock.
- Additionally, 48,498 shares were disposed of to cover taxes on vesting performance shares at $5.46 per share.
- Following these transactions, Krebs directly owns 2,353,797 shares of Coeur Mining, which includes 539,670 unvested restricted shares.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they primarily reflect internal compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/21/2025 | Date of stock transactions (acquisition and disposal). |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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