Form 4: Coeur Mining VP Controller Sells Shares for Tax
Insider Transaction Report
Coeur Mining's VP, Corporate Controller & CAO, Kenneth J. Watkinson, disposed of 3,122 shares of common stock to cover tax obligations related to restricted stock vesting.
Summary
- Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc. (CDE), disposed of 3,122 shares of common stock.
- The transaction occurred on February 17, 2026, at a price of $21.81 per share.
- These shares were withheld by Coeur Mining to satisfy tax liabilities arising from the vesting of restricted stock.
- Following this transaction, Mr. Watkinson directly beneficially owns 117,884 shares, which includes 71,671 unvested restricted shares.
- An additional 1,000 shares are indirectly beneficially owned by his spouse.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation and tax obligations, with no inherent positive or negative implications for the company's operational or financial performance.
Positives
- The transaction is a routine tax withholding event, indicating the vesting of restricted stock awards for a key executive.
Negatives
- No specific negative implications are apparent from this routine tax withholding transaction.
Risks
- No specific risks are mentioned in this Form 4 filing.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing, as it reports a past transaction.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as tax withholdings upon restricted stock vesting, are common across all industries and typically do not reflect a change in an executive's confidence in the company's future. These transactions are a standard part of executive compensation plans.
Comparison to Industry Standards
- This transaction is a standard practice for executive compensation and tax management upon restricted stock vesting, aligning with common practices observed in publicly traded companies across various sectors, including mining. There are no specific comparable companies or projects mentioned in the filing to benchmark against.
Related Party Transactions
- No related party dealings are disclosed beyond the executive's compensation-related share vesting.
Stakeholder Impact
- Shareholders: Minimal direct impact, as it's a routine executive compensation-related transaction.
- Employees: No direct impact on general employees.
- Customers/Suppliers/Creditors: No direct impact.
Next Steps
- No specific future actions, events, or milestones are mentioned in this Form 4 filing.
Key Dates
| Date | Description |
|---|---|
| 02/17/2026 | Date of transaction where shares were disposed of for tax withholding. |
| 02/19/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Coeur Mining, CDE, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock, Executive Compensation, Kenneth J. Watkinson
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.