Form 4: Newmont Corp CEO Thomas Palmer Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Thomas Palmer, President & CEO of Newmont Corp, disposed of 16,045 shares of common stock on February 26, 2025, to cover tax obligations related to vesting restricted stock units.
Summary
- On February 26, 2025, Thomas Ronald Palmer, the President & CEO of Newmont Corp, disposed of 16,045 shares of common stock.
- The transaction was executed at a price of $42.93 per share.
- The disposal was to satisfy tax withholding obligations related to the vesting of 34,400 stock-settled restricted stock units.
- Following the transaction, Palmer directly owns 300,555 shares of Newmont Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for corporate insiders to report transactions in their company's stock, providing transparency to the market.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the sale of shares by a key executive, but it is primarily related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock disposal transaction. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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