Form 4: Coeur Mining SVP Michael Routledge Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Michael Routledge, SVP & Chief Operating Officer of Coeur Mining, reported the withholding of shares to cover tax obligations upon vesting of restricted shares.

Summary

  • On February 26, 2025, Michael Routledge, SVP & Chief Operating Officer of Coeur Mining, had 23,599 common shares withheld by the issuer to cover tax obligations at a price of $5.26 per share, resulting in a holding of 470,358 shares.
  • On February 27, 2025, an additional 19,477 common shares were withheld for tax obligations at $5.02 per share, leaving a total of 450,881 shares held, including 151,874 unvested restricted shares.

Sentiment

Score: 5

Explanation: This is a neutral disclosure of routine transactions related to executive compensation and tax obligations. It doesn't inherently indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect the company's overall performance or outlook but provides transparency into executive stock ownership.

Stakeholder Impact

  • Shareholders are informed about changes in executive stock ownership.
  • The transactions have a minor impact on the overall share count.

Key Dates

DateDescription
02/26/202523,599 common shares withheld for tax obligations at $5.26 per share.
02/27/202519,477 common shares withheld for tax obligations at $5.02 per share.
02/28/2025Date of signature by Attorney-in-Fact.

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