Form 4: Newmont Corp Executive Francois Hardy Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Francois Hardy, EVP & CTO of Newmont Corp, reported disposing of shares to cover tax withholding obligations related to vesting stock-settled restricted stock units.
Summary
- Francois Hardy, an executive at Newmont Corp, filed a Form 4 detailing changes in beneficial ownership.
- On February 27, 2025, Hardy disposed of 1,402 shares of common stock at a price of $43.58 to cover tax obligations related to vesting of stock-settled restricted stock units.
- On February 28, 2025, Hardy disposed of 918 shares of common stock at a price of $42.12 to cover tax obligations related to vesting of stock-settled restricted stock units.
- Following these transactions, Hardy beneficially owns 38,611 shares of Newmont Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Executive stock transactions are common and often related to compensation and tax planning. These transactions provide insight into executive sentiment and ownership levels, but are not necessarily indicative of the company's overall performance.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| 02/27/2025 | Disposal of 1,402 shares at $43.58 per share to cover tax obligations. |
| 02/28/2025 | Disposal of 918 shares at $42.12 per share to cover tax obligations. |
| 03/03/2025 | Date of signature for the Form 4 filing. |
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