Form 4: Coronado Global Resources Executive Chair Garold Spindler Reports Acquisition of Performance Stock Units

Garold Spindler, Executive Chair of Coronado Global Resources, reports the acquisition of Performance Stock Units (PSUs) due to dividend equivalent reinvestments.

Summary

• Garold Spindler, Executive Chair of Coronado Global Resources Inc., filed a Form 4 on April 5, 2024, reporting changes in beneficial ownership.
• The report details the acquisition of 5,554 Performance Stock Units (PSUs) on April 3, 2024, resulting from dividend equivalent reinvestments related to PSUs granted on February 14, 2024.
• These PSUs represent the right to receive CHESS Depositary Interests (CDIs), cash, or shares of common stock, at the discretion of the Compensation and Nominating Committee.
• The PSUs are scheduled to vest on February 14, 2025, contingent upon continued service.
• The report also reflects 94,592.7 shares of common stock underlying the PSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.

Future Outlook

The PSUs are scheduled to vest on February 14, 2025, contingent upon the Reporting Person's continued service.

Industry Context

This filing is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding executive compensation and equity ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Performance Stock Units, Coronado Global Resources, Garold Spindler, CDI, ASX, Dividend Reinvestment