Form 4: Coronado Global Resources Executive Acquires Performance Stock Units
SEC Form 4 Filing
Christopher P. Meyering, VP and CLO of Coronado Global Resources, reports acquisition of performance stock units (PSUs) due to dividend equivalent reinvestments.
Summary
- Christopher P. Meyering, VP and CLO of Coronado Global Resources Inc., filed a Form 4 on April 8, 2025.
- The filing reports a transaction on April 4, 2025, where Meyering acquired 4,236 Performance Stock Units (PSUs).
- These PSUs were acquired due to dividend equivalent reinvestments related to PSUs granted on February 12, 2025.
- Each PSU represents the right to receive one CHESS Depositary Interest (CDI) or an equivalent value of cash or shares.
- CDIs are convertible into shares of common stock on a 10-for-1 basis.
- The PSUs are scheduled to vest on February 11, 2026, contingent upon continued service.
Sentiment
Score: 6
Explanation: The document reflects a routine transaction related to executive compensation, indicating a neutral sentiment.
Future Outlook
The PSUs are scheduled to vest on February 11, 2026, subject to the Reporting Person's continued service through such date.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| February 12, 2025 | Date the original Performance Stock Units were granted. |
| April 4, 2025 | Date of the reported transaction (acquisition of PSUs through dividend reinvestment). |
| April 8, 2025 | Date of Form 4 filing. |
| February 11, 2026 | Scheduled vesting date for the PSUs, contingent upon continued service. |
Keywords
Form 4, Coronado Global Resources, Performance Stock Units, PSUs, Christopher P. Meyering, CDI, CHESS Depositary Interest, Dividend Reinvestment, Beneficial Ownership, ASX
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