Form 4: Coronado Global Resources Inc. Executive Emma Pollard Reports Changes in Beneficial Ownership

Chief P&S Officer Emma Pollard reports acquisition and vesting of Performance Stock Units (PSUs) in Coronado Global Resources Inc.

Summary

• Emma Pollard, Chief P&S Officer of Coronado Global Resources Inc., filed a Form 4 detailing changes in her beneficial ownership.
• On February 13, 2025, 12,939.4 shares of common stock were acquired at $0.00 related to vested Performance Stock Units (PSUs).
• On February 12, 2025, 191,823 PSUs were acquired upon certification of performance goals.
• These PSUs are scheduled to vest on February 11, 2026, subject to continued service.
• Each PSU represents the right to receive one CHESS Depositary Interest (CDI) or equivalent value in cash or shares.
• CDIs are convertible into shares of common stock on a 10-for-1 basis and are traded on the Australian Securities Exchange (ASX).

Sentiment

Score: 7

Explanation: The document reflects standard executive compensation practices and compliance with SEC regulations, indicating a stable and well-governed company. The vesting of PSUs suggests that performance goals are being met, which is a positive sign.

Positives

• The vesting of PSUs indicates that performance goals were met, which is a positive signal.
• The acquisition of PSUs aligns the executive's interests with those of the shareholders.

Future Outlook

The 191,823 PSUs acquired on February 12, 2025, are scheduled to vest on February 11, 2026, subject to the Reporting Person's continued service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Comparison to Industry Standards

• Performance-based equity compensation, such as PSUs, is a common practice among publicly traded companies to align executive compensation with company performance.
• The vesting conditions tied to continued service are also standard in executive compensation packages.
• The use of CDIs for Australian-listed companies is a common mechanism for facilitating trading and ownership of shares.

Stakeholder Impact

• Shareholders benefit from transparency regarding executive compensation and alignment of interests.
• Employees may be motivated by the company's performance if executive compensation is tied to specific goals.

Key Dates

Keywords

Performance Stock Units, Beneficial Ownership, Coronado Global Resources, Form 4, Emma Pollard, PSUs, CDI, ASX