Form 4: Coeur Mining Executive Kenneth J. Watkinson Reports Stock Disposals to Cover Tax Obligations

Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc., reported disposing of shares to cover tax obligations related to vesting restricted stock.

Summary

• Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc., filed a Form 4 detailing changes in beneficial ownership.
• On February 26, 2025, Watkinson disposed of 5,561 shares of common stock at a price of $5.26 per share to cover tax obligations.
• On February 27, 2025, Watkinson disposed of 4,540 shares of common stock at a price of $5.02 per share for the same reason.
• Following these transactions, Watkinson directly owns 134,454 shares of Coeur Mining, Inc., which includes 53,034 unvested shares of restricted stock.
• Watkinson also indirectly owns 1,000 shares through his spouse.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by an executive. It doesn't inherently convey positive or negative sentiment, as it reflects routine tax-related disposals.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock disposals are unlikely to have a significant impact on shareholders, as they are related to tax obligations and represent a small percentage of the total outstanding shares.

Key Dates