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) through dividend equivalent reinvestments.

Summary

• Garold Spindler, the Executive Chair of Coronado Global Resources Inc., filed a Form 4 on April 8, 2025, reporting changes in beneficial ownership.
• The report details the acquisition of 14,120 Performance Stock Units (PSUs) on April 4, 2025, due to dividend equivalent reinvestments related to PSUs granted on February 12, 2025.
• These PSUs represent the right to receive one CHESS Depositary Interest (CDI) or an equivalent value in cash or common stock, at the discretion of the Compensation and Nominating Committee.
• CDIs are units of beneficial ownership in shares of common stock traded on the Australian Securities Exchange (ASX) and 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 Spindler's continued service.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock unit acquisitions, indicating a neutral sentiment.

Future Outlook

The PSUs are scheduled to vest on February 11, 2026, 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. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, Coronado Global Resources, Garold Spindler, Performance Stock Units, PSUs, CHESS Depositary Interest, CDI, Beneficial Ownership, ASX, Dividend Equivalent Reinvestments