Form 4: Newmont Corp Executive Francois Hardy Reports Stock Transaction

EVP & CTO of Newmont Corp, Francois Hardy, reports disposition of shares to cover tax obligations related to vesting of restricted stock units.

Summary

• Francois Hardy, EVP & CTO of Newmont Corp, filed a Form 4 on November 5, 2024, reporting a transaction on November 1, 2024.
• The transaction involved the disposition of 3,224 shares of common stock at a price of $45.44 per share.
• These shares were withheld to satisfy tax obligations related to the vesting of 7,367 stock-settled restricted stock units.
• Following the transaction, Hardy directly owns 33,476 shares of Newmont Corp.
• The filing indicates that the transaction was not made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to executive stock transactions, which has a neutral sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which is important for investor confidence.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares to cover tax obligations.

Key Dates