Form 4: Newmont Corp EVP & CFO Karyn F. Ovelmen Reports Stock Transaction
SEC Form 4 Filing
Karyn F. Ovelmen, EVP & CFO of Newmont Corp, reports a transaction involving common stock to cover tax obligations related to vesting restricted stock units.
Summary
- On February 26, 2025, Karyn F. Ovelmen, the EVP & CFO of Newmont Corp, engaged in a transaction involving the company's common stock.
- A total of 2,937 shares were disposed of at a price of $42.93 per share to satisfy tax withholding obligations.
- This transaction was related to the vesting of 9,996 stock-settled restricted stock units.
- Following the transaction, Ovelmen directly owns 74,677 shares of Newmont Corp common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions, and does not inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares being sold by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock transaction (disposal of shares). |
| 02/28/2025 | Date of signature for the Form 4 filing. |
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