Form 4: Newmont Corp Executive Peter Toth Reports Stock Disposal to Cover Tax Obligations
SEC Form 4 Filing
EVP & CDO of Newmont Corp, Peter Toth, disposed of shares to cover tax obligations related to vesting of restricted stock units.
Summary
- On July 29, 2024, Peter Toth, EVP & CDO of Newmont Corp, disposed of 12,790 shares of common stock at a price of $46.73.
- The transaction was to cover tax withholding obligations related to the vesting of 29,233 stock-settled restricted stock units.
- Following the transaction, Toth directly owns 97,596 shares of Newmont Corp.
- The transaction was reported on July 31, 2024.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and has a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations arising from the vesting of stock awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 07/29/2024 | Date of transaction: Peter Toth disposed of shares. |
| 07/31/2024 | Date of report filing. |
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