Form 4: Coeur Mining Director Paramita Das Reports Acquisition of Shares as Part of Retainer Fee

Sentiment:

SEC Form 4 Filing


Director Paramita Das reports acquiring 34,129 shares of Coeur Mining as part of her retainer fee, while also disposing of 34,129 shares.

Summary

  • On February 26, 2024, Paramita Das, a director of Coeur Mining, Inc., acquired 34,129 shares of common stock as part of her retainer fee.
  • The shares were issued under the 2018 Long-Term Incentive Plan, as amended.
  • Following the transaction, Das beneficially owns 57,840 shares of Coeur Mining.
  • A Power of Attorney was executed on December 12, 2023, appointing Casey M. Nault and Kyle J. Swanson as attorneys-in-fact to handle SEC filings related to Coeur Mining securities.
  • Das also disposed of 34,129 shares on the same day.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

  • The acquisition of shares by a director demonstrates alignment with shareholder interests.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

This filing is a routine disclosure related to insider transactions, which is common in the mining industry and publicly traded companies.

Stakeholder Impact

  • The transaction may have a minor positive impact on shareholder confidence due to the director's increased stake in the company.

Key Dates

DateDescription
December 12, 2023Date of Power of Attorney execution, appointing Casey M. Nault and Kyle J. Swanson as attorneys-in-fact.
February 26, 2024Date of the transaction where Paramita Das acquired 34,129 shares of Coeur Mining common stock as part of her retainer fee.
February 27, 2024Date of signature for the SEC filing by Casey M. Nault, Attorney-in-Fact.

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