Form 4: Newmont CEO's Stock Transaction for Tax Withholding

Newmont CEO Thomas R. Palmer reported a disposition of 522 common shares for tax withholding purposes, maintaining a beneficial ownership of 279,401 shares.

Summary

• Thomas R. Palmer, CEO and Director of Newmont Corp, reported a transaction on December 30, 2025.
• The transaction involved the disposition of 522 shares of Newmont common stock, $1.60 par value.
• The shares were disposed of at a price of $109.43 per share.
• This disposition was due to the lapsing of restrictions on retirement-eligible shares to cover required FICA taxes.
• No volitional sales or transfers were made by Mr. Palmer in connection with this change in ownership.
• Following this transaction, Mr. Palmer beneficially owns 279,401 shares of Newmont common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-volitional disposition of shares for tax purposes, which is neutral in sentiment. It does not indicate a positive or negative view on the company's future by the insider.

Positives

• The disposition was non-volitional, solely for tax withholding purposes, indicating no lack of confidence from the insider.

Future Outlook

NA

Management Comments

• "No volitional sales or transfers of Newmont securities were made by the reporting person in connection with the above reported change in ownership."

Industry Context

This Form 4 details an insider transaction for Newmont Corp, a leading global gold producer. Such routine tax-related dispositions are common for executives in publicly traded companies and do not typically reflect changes in broader industry trends or company performance.

Comparison to Industry Standards

• This transaction is a standard tax withholding event, common across all industries for executives receiving equity compensation, and does not provide a basis for comparison to specific industry projects or company results.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction, not a voluntary sale indicating a change in confidence in the company's prospects.

Key Dates

Recommendation

This Form 4 reports a routine, non-volitional disposition of shares by the CEO for tax withholding purposes. It does not reflect a change in the insider's confidence in the company or its future prospects, nor does it provide new information about the company's operational or financial performance. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Newmont, NEM, Thomas Palmer, CEO, Director, Form 4, Insider Transaction, Stock Disposition, Tax Withholding, Common Stock, Mining, Gold