Form 4: Coeur Mining COO Sells Shares for Tax Obligations

Coeur Mining's EVP & Chief Operating Officer, Michael Routledge, disposed of 21,153 shares of common stock to cover tax liabilities related to restricted stock vesting.

Summary

• Michael Routledge, Executive Vice President & Chief Operating Officer of Coeur Mining, Inc. (CDE), reported a transaction on February 26, 2026.
• The transaction involved the disposition of 21,153 shares of Coeur Mining common stock.
• These shares were withheld by the issuer to pay tax due upon the vesting of restricted shares, in accordance with the company's incentive compensation plan.
• The disposition occurred at a price of $26.56 per share.
• Following this transaction, Michael Routledge beneficially owns 529,971 shares of common stock, which includes 172,089 unvested shares of restricted stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this transaction as neutral. It is a routine, non-discretionary sale for tax purposes related to restricted stock vesting and does not indicate a change in management's sentiment towards the company.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that insider sales for tax withholding purposes upon the vesting of restricted stock are a common and routine occurrence in executive compensation plans across various industries. Such transactions are typically non-discretionary and do not necessarily reflect management's view on the company's future prospects.

Key Dates

Recommendation

This transaction is a routine, non-discretionary sale by an executive to cover tax obligations upon the vesting of restricted stock. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate as this event is neutral to the company's fundamental outlook.

Keywords

Coeur Mining, CDE, Michael Routledge, Insider Transaction, Form 4, Stock Sale, Tax Withholding, Restricted Stock, EVP, COO