Form 4: Newmont Corp EVP & CFO Karyn F. Ovelmen Reports Transaction
SEC Form 4 Filing
Karyn F. Ovelmen, EVP & CFO of Newmont Corp, reports acquiring 29,990 shares of common stock and disposing of 60,061 shares on February 26, 2024.
Summary
- Karyn F. Ovelmen, the EVP & CFO of Newmont Corp, filed a Form 4 with the SEC.
- The report details changes in beneficial ownership of Newmont Corp [NEM] securities.
- On February 26, 2024, Ovelmen acquired 29,990 shares of common stock at $0 per share.
- On the same day, Ovelmen disposed of 60,061 shares of common stock.
- Following these transactions, Ovelmen directly owns 60,061 shares of Newmont Corp.
- The filing was signed by Logan H. Hennessey, as attorney-in-fact for Karyn F. Ovelmen, on February 28, 2024.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are a routine part of compliance for corporate insiders and provide transparency into their trading activities. This filing indicates changes in the executive's holdings of company stock.
Stakeholder Impact
- Shareholders may be interested in the trading activity of company executives as it can provide insights into their perspective on the company's value.
Key Dates
| Date | Description |
|---|---|
| 02/26/2024 | Date of transaction: acquisition of 29,990 shares and disposal of 60,061 shares. |
| 02/28/2024 | Date of signature by attorney-in-fact. |
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