Form 4: Newmont Corp EVP & COO Natascha Viljoen Sells 9,000 Shares Under 10b5-1 Plan

Natascha Viljoen, EVP & COO of Newmont Corp, sold 9,000 shares of common stock at $42.89 per share on February 3, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 3, 2025, Natascha Viljoen, the EVP & COO of Newmont Corp, sold 9,000 shares of Newmont's common stock.
• The sale was executed at a price of $42.89 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan established on August 30, 2024.
• Following the sale, Viljoen directly owns 136,967 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 describes a routine transaction (stock sale under a 10b5-1 plan) by an executive, which is neither particularly positive nor negative. The sentiment is neutral.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under 10b5-1 plans are generally viewed as less informative than discretionary trades.

Comparison to Industry Standards

• Comparing this transaction to other executive sales in the gold mining industry is difficult without more data.
• However, it's common for executives at companies like Barrick Gold (GOLD) or Agnico Eagle Mines (AEM) to have similar trading plans in place.
• The size of the sale (9,000 shares) is relatively small compared to the total outstanding shares of Newmont, suggesting it's unlikely to have a significant impact on the stock price.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates this concern.
• The impact on other stakeholders (employees, customers, suppliers, creditors) is likely to be negligible.

Key Dates