Form 4: Coeur Mining SVP & CFO Thomas Whelan Reports Transactions in Company Stock
SEC Form 4 Filing
Thomas Whelan, SVP & CFO of Coeur Mining, reports the acquisition and disposal of company stock, including shares withheld for tax obligations upon vesting of restricted shares.
Summary
- On February 26, 2025, Thomas Whelan, SVP & CFO of Coeur Mining, acquired 10,000 shares of common stock at a price of $5.25 per share.
- On the same day, 26,020 shares were disposed of at $5.26 per share to cover tax obligations related to the vesting of restricted shares.
- On February 27, 2025, an additional 20,345 shares were disposed of at $5.02 per share for tax purposes.
- Following these transactions, Whelan directly owns 622,085 shares of Coeur Mining common stock, which includes 135,297 unvested restricted shares.
- Whelan also indirectly owns 6,000 shares through a college savings plan for his daughter.
Sentiment
Score: 5
Explanation: The document reflects standard insider trading activity related to tax obligations, indicating a neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the trading activities of key personnel and their holdings in the company.
Stakeholder Impact
- The transactions have a minimal impact on shareholders, as they are related to tax obligations and do not represent a significant change in the executive's overall holdings.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Acquisition of 10,000 shares and disposal of 26,020 shares for tax obligations. |
| 02/27/2025 | Disposal of 20,345 shares for tax obligations. |
| 02/28/2025 | Date of signature by Attorney-in-Fact. |
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