Form 4: Newmont Corp Executive Dean Gehring Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Dean Gehring, EVP, Chief Dev Officer-Peru of Newmont Corp, reported disposing of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On February 27, 2024, Dean Gehring disposed of 1,683 shares of Newmont Corp common stock at a price of $30.01 to cover tax obligations.
- Following this transaction, Gehring directly owns 80,292 shares of Newmont Corp common stock.
- On February 28, 2024, Gehring disposed of 1,102 shares of Newmont Corp common stock at a price of $29.86 to cover tax obligations.
- Following this transaction, Gehring directly owns 79,190 shares of Newmont Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Disposal of 1,683 shares of common stock at $30.01 per share to cover tax obligations. |
| 02/28/2024 | Disposal of 1,102 shares of common stock at $29.86 per share to cover tax obligations. |
| 02/29/2024 | Date of signature for the Form 4 filing. |
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