Form 4: Coeur Mining SVP Aoife McGrath Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Aoife McGrath, SVP of Exploration at Coeur Mining, reported the disposal of shares to cover tax obligations related to the vesting of restricted stock.
Summary
- Aoife McGrath, SVP of Exploration at Coeur Mining, filed a Form 4 detailing changes in beneficial ownership.
- On February 26, 2025, 15,034 shares of common stock were disposed of at a price of $5.26 per share to cover tax obligations.
- On February 27, 2025, 12,408 shares of common stock were disposed of at a price of $5.02 per share for the same reason.
- Following these transactions, McGrath beneficially owns 169,048 shares, including 99,612 unvested restricted shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine stock disposals for tax purposes, with no indication of strategic shifts or concerns.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The stock disposal may have a minor, short-term impact on shareholders due to the increased selling volume.
- The transactions do not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Disposal of 15,034 shares at $5.26 per share. |
| 02/27/2025 | Disposal of 12,408 shares at $5.02 per share. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
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