Form 4: Newmont Corp Executive Peter Toth Reports Stock Disposal to Cover Tax Obligations

Peter Toth, EVP, Chief Sustain & Dev Off at Newmont Corp, reported disposing of 2,188 shares of common stock to cover tax obligations related to vesting restricted stock units.

Summary

• On February 27, 2025, Peter Toth, an executive at Newmont Corp, disposed of 2,188 shares of common stock.
• The transaction was executed to satisfy tax withholding obligations related to the vesting of 4,999 stock-settled restricted stock units.
• The price per share was $43.58.
• Following the transaction, Toth directly owns 89,526 shares of Newmont Corp common stock.

Sentiment

Score: 5

Explanation: The Form 4 filing itself is a neutral event. It simply reports a transaction. The disposal of shares to cover taxes is a routine occurrence.

Industry Context

Executive stock transactions are a common occurrence in publicly traded companies and are often related to compensation and tax planning. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine disposal of shares by an executive to cover tax obligations.

Key Dates