Form 4: Coeur Mining VP, Corporate Controller & CAO, Kenneth J. Watkinson, Sells 44,000 Shares
SEC Form 4
Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc., sold 44,000 shares of common stock at an average price of $4.855 on May 3, 2024.
Summary
- On May 3, 2024, Kenneth J. Watkinson, VP, Corporate Controller & CAO of Coeur Mining, Inc., sold 44,000 shares of common stock.
- The sale was executed at a weighted average price of $4.855 per share, with individual transaction prices ranging from $4.845 to $4.890.
- Following the transaction, Watkinson directly owns 140,719 shares of Coeur Mining, Inc., which includes 97,950 unvested shares of restricted stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it simply reports a transaction. It's neither positive nor negative without additional context.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This sale by a company officer is a data point for investors to consider, but without additional context, it's difficult to assess its significance.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, potentially leading to a slight decrease in investor confidence.
Key Dates
| Date | Description |
|---|---|
| 05/03/2024 | Date of the transaction: Kenneth J. Watkinson sold 44,000 shares of Coeur Mining, Inc. |
| 05/06/2024 | Date of signature on the Form 4 filing. |
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