Form 4: Coeur Mining Executive Kenneth J. Watkinson Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc., reports transactions involving company stock, including acquisitions and disposals to cover tax obligations.
Summary
- On February 21, 2025, Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc., reported changes in his beneficial ownership of the company's common stock.
- He disposed of 3,686 shares at $5.46 per share to cover taxes due upon the vesting of restricted shares.
- He also disposed of 4,202 shares at $5.46 per share to cover taxes due upon the vesting of performance shares.
- Watkinson acquired 12,142 shares of common stock at $0.
- Following these transactions, Watkinson directly owns 144,555 shares of Coeur Mining, Inc.
- He also indirectly owns 1,000 shares through his spouse.
- The reported transactions include adjustments to correct previous reporting errors related to shares withheld for tax purposes and shares held by his spouse.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions related to compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions, which are common for executives at publicly traded companies. These filings are monitored by investors to gain insights into management's perspective on the company's stock.
Key Dates
| Date | Description |
|---|---|
| 02/24/2023 | Date of vesting of performance shares, which led to a correction in the number of shares withheld by the issuer to pay tax due. |
| 02/21/2025 | Date of the reported transactions: disposal of shares for tax obligations and acquisition of shares. |
| 02/25/2025 | Date of signature for the report. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.