Form 4: Coronado Global Resources Executive Chair Garold Spindler Reports Changes in Beneficial Ownership

Garold Spindler, Executive Chair of Coronado Global Resources, reports transactions involving Performance Stock Units (PSUs) and common stock.

Summary

• Garold Spindler, the Executive Chair of Coronado Global Resources Inc., filed a Form 4 detailing changes in his beneficial ownership of the company's securities.
• On February 13, 2025, Spindler acquired 95,144.6 shares of common stock through the vesting of Performance Stock Units (PSUs).
• Also on February 13, 2025, Spindler disposed of 951,446 PSUs.
• On February 12, 2025, Spindler acquired 914,649 PSUs, which are scheduled to vest on February 11, 2026, subject to continued service.
• Following these transactions, Spindler directly owns 149,445.8 shares of common stock and 914,649 PSUs.
• The PSUs represent the right to receive one CHESS Depositary Interest (CDI) or an equivalent value of cash or shares of common stock, at the discretion of the Compensation Committee.

Sentiment

Score: 5

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

Industry Context

This filing is a routine disclosure related to executive compensation and ownership changes, common in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• Shareholders are informed about changes in the Executive Chair's holdings, providing insight into management's alignment with shareholder interests.

Key Dates

Keywords

Form 4, Beneficial Ownership, Coronado Global Resources, Garold Spindler, Performance Stock Units, Common Stock, CDI, CHESS Depositary Interest, Executive Chair