Form 4: Coeur Mining SVP Michael Routledge Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Michael Routledge, SVP & Chief Operating Officer of Coeur Mining, reported the acquisition and disposal of common stock due to tax obligations and vesting of restricted shares.
Summary
- On February 26, 2024, Michael Routledge acquired 161,262 shares of Coeur Mining common stock.
- Also on February 26, 2024, Routledge disposed of 489,532 shares.
- On February 27, 2024, Routledge disposed of 19,522 shares at a price of $2.53.
- Following these transactions, Routledge beneficially owns 470,010 shares, which includes 275,191 unvested restricted shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing regarding stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in the mining industry and other publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Acquisition of 161,262 shares and disposal of 489,532 shares. |
| 02/27/2024 | Disposal of 19,522 shares at $2.53 per share. |
| 02/28/2024 | Date of signature by Attorney-in-Fact. |
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