Form 4: Newmont Corp Director Julio M. Quintana Reports Acquisition of 3,495 Shares

Director Julio M. Quintana reports acquisition of 3,495 shares of Newmont Corp common stock on May 1, 2025, through director stock units (DSUs) awarded under the company's 2020 Stock Incentive Compensation Plan.

Summary

• On May 1, 2025, Julio M. Quintana, a director of Newmont Corp, acquired 3,495 shares of common stock.
• The acquisition was made through director stock units (DSUs) awarded under the Issuer's 2020 Stock Incentive Compensation Plan.
• These DSUs are immediately fully vested and non-forfeitable, representing the right to receive shares of common stock.
• Upon retirement from the Board, Quintana is entitled to receive one share of common stock for each DSU.
• Following the transaction, Quintana beneficially owns 45,152 shares of Newmont Corp common stock.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as a director is increasing their stake in the company, suggesting confidence. However, it's a routine transaction related to compensation.

Positives

• The acquisition of shares by a director signals confidence in the company's future.
• The DSUs being immediately vested and non-forfeitable is a positive incentive for the director.

Future Outlook

The document does not contain specific forward-looking statements, but the acquisition of shares by a director can be interpreted as a positive signal regarding their confidence in the company's future performance.

Industry Context

Director stock ownership is a common practice in publicly traded companies to align the interests of management with those of shareholders. This Form 4 filing reflects a standard compensation practice.

Comparison to Industry Standards

• Director compensation packages often include stock options, restricted stock, or stock units to incentivize performance and align interests with shareholders.
• The vesting schedule and terms of the DSUs are likely comparable to those offered by other companies in the mining industry to their board members.
• Companies like Barrick Gold (GOLD) and AngloGold Ashanti (AU) also utilize equity-based compensation for their directors.

Stakeholder Impact

• The increased ownership by a director could positively influence shareholder sentiment.
• The transaction has no immediate impact on employees, customers, suppliers, or creditors.

Key Dates

Keywords

Newmont Corp, Director Stock Units, DSUs, Julio M. Quintana, Beneficial Ownership, Form 4, NEM, Director Compensation, Stock Incentive Plan