Form 4: Newmont Corp CEO Thomas Palmer Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Thomas Palmer, President & CEO of Newmont Corp, reports disposals of common stock to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On February 27, 2025, Thomas Palmer, President & CEO of Newmont Corp, disposed of 9,447 shares of common stock at a price of $43.58 to cover tax obligations.
- Following this transaction, Palmer directly owns 291,108 shares of Newmont Corp.
- On February 28, 2025, Palmer disposed of 6,185 shares of common stock at a price of $42.12 to cover tax obligations.
- Following this transaction, Palmer directly owns 284,923 shares of Newmont Corp.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing simply reports stock disposals for tax purposes, a routine occurrence.
Industry Context
Form 4 filings are standard practice for corporate insiders to report changes in their beneficial ownership of company stock. These filings are publicly available and provide transparency into insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Disposal of 9,447 shares of common stock at $43.58 per share. |
| 02/28/2025 | Disposal of 6,185 shares of common stock at $42.12 per share. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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