Form 4: Newmont Corp Director Bruce R. Brook Sells Shares Under 10b5-1 Trading Plan

Director Bruce R. Brook sold 2,077 shares of Newmont Corp common stock at $42.89 per share on February 3, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• On February 3, 2025, Bruce R. Brook, a director of Newmont Corp, sold 2,077 shares of common stock at a price of $42.89 per share.
• The sale was executed under a Rule 10b5-1 trading plan established on September 3, 2024.
• Following the transaction, Brook directly owns 49,993 shares of Newmont Corp.
• The transaction was reported on a Form 4 filing with the SEC on February 5, 2025.

Sentiment

Score: 5

Explanation: The document reports a routine transaction (share sale by a director under a pre-arranged plan). It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on material non-public information. The use of a 10b5-1 trading plan provides a legal framework for insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates