Form 4: Coeur Mining SVP & CFO Thomas Whelan Reports Changes in Beneficial Ownership

Thomas Whelan, SVP & CFO of Coeur Mining, reports acquisition and disposal of common stock, including shares withheld for tax obligations upon vesting of restricted shares.

Summary

• On February 26, 2024, Thomas Whelan, SVP & CFO of Coeur Mining, acquired 145,904 shares of common stock at $0.
• On February 27, 2024, Whelan disposed of 20,345 shares at $2.53 per share to cover tax obligations related to vesting restricted shares.
• Following these transactions, Whelan directly owns 642,853 shares and indirectly owns 6,000 shares through a college savings plan for his daughter.
• The reported transactions include the withholding of shares by the issuer to cover tax obligations upon the vesting of restricted shares.
• Whelan also holds 245,675 unvested shares of restricted stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor management's alignment with shareholder interests.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive stock ownership.

Key Dates