Form 4: Coeur Mining Director Randy Gress Acquires Shares as Part of Retainer Fee

Director Randy Gress acquired 34,129 shares of Coeur Mining common stock as part of his retainer fee, bringing his total direct holdings to 267,511 shares.

Summary

• On February 26, 2024, Randy Gress, a director of Coeur Mining, Inc., acquired 34,129 shares of common stock.
• The acquisition was part of his retainer fee under the 2018 Long-Term Incentive Plan, as amended.
• The shares were acquired at a price of $0.00.
• Following the transaction, Gress directly owns 267,511 shares of Coeur Mining common stock.
• A Power of Attorney was updated on December 12, 2023, granting Casey M. Nault and Kyle J. Swanson the authority to act on behalf of Randolph E. Gress for SEC filings related to Coeur Mining.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a standard transaction related to director compensation. There is no indication of positive or negative implications for the company's performance.

Positives

• Director's acquisition of shares demonstrates confidence in the company.
• The shares were issued as part of a long-term incentive plan, aligning director's interests with shareholders.

Industry Context

Directors receiving shares as part of their compensation is a common practice in the mining industry to align their interests with the long-term performance of the company.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns the director's interests with theirs.

Key Dates