Form 4: Newmont Corp Executive Peter Toth Sells 3,000 Shares Under 10b5-1 Trading Plan
SEC Form 4
EVP & CDO of Newmont Corp, Peter Toth, sold 3,000 shares of common stock at $52.47 per share on September 3, 2024, under a pre-arranged Rule 10b5-1 trading plan.
Summary
- On September 3, 2024, Peter Toth, EVP & CDO of Newmont Corp, sold 3,000 shares of Newmont's common stock.
- The sale was executed at a price of $52.47 per share.
- The transaction was conducted under a Rule 10b5-1 trading plan established on June 3, 2024.
- Following the transaction, Peter Toth still beneficially owns 94,596 shares of Newmont common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transaction appears to be a routine sale under a pre-arranged trading plan and doesn't necessarily indicate a positive or negative outlook on the company's performance.
Industry Context
Executive stock sales are a common occurrence and are often related to personal financial planning. The use of a 10b5-1 trading plan allows insiders to sell shares without being accused of acting on non-public information.
Key Dates
| Date | Description |
|---|---|
| June 3, 2024 | Date of the Rule 10b5-1 trading plan |
| September 3, 2024 | Date of the stock sale transaction |
| September 5, 2024 | Date of Form 4 filing |
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