Form 4: Newmont Corp CEO Thomas Palmer Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Newmont Corp CEO Thomas Palmer disposed of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On February 27, 2024, Thomas Palmer, President & CEO of Newmont Corp, disposed of 10,299 shares of common stock at a price of $30.01 to cover tax obligations.
- Following this transaction, Palmer directly owns 350,092 shares of Newmont Corp.
- On February 28, 2024, Palmer disposed of 5,623 shares of common stock at a price of $29.86 to cover tax obligations.
- Following this transaction, Palmer directly owns 344,469 shares of Newmont Corp.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (disposal of shares for tax obligations) and does not indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for company insiders and are closely monitored by investors for insights into management's perspective on the company's stock.
Stakeholder Impact
- The disposal of shares by the CEO could have a minor impact on shareholder sentiment, although it is a common practice for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Disposal of 10,299 shares at $30.01 to cover tax obligations. |
| 02/28/2024 | Disposal of 5,623 shares at $29.86 to cover tax obligations. |
| 02/29/2024 | Date of signature for the Form 4 filing. |
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