Form 4: Newmont Corp Executive Peter Wexler Reports Stock Transactions
SEC Form 4 Filing
EVP & Chief Legal Officer of Newmont Corp, Peter Wexler, reports the withholding of shares to cover tax obligations related to vesting of stock-settled restricted stock units.
Summary
- Peter Wexler, EVP & Chief Legal Officer of Newmont Corp, filed a Form 4 detailing changes in beneficial ownership.
- On April 30, 2025, shares of common stock were withheld to satisfy tax obligations related to the vesting of stock-settled restricted stock units.
- 5,742 shares were withheld at a price of $52.96 per share related to 13,123 stock-settled restricted stock units.
- An additional 4,665 shares were withheld at a price of $52.96 per share related to 10,662 stock-settled restricted stock units.
- Following these transactions, Wexler directly owns 73,061 shares of Newmont Corp common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency regarding executive stock-based compensation and tax obligations.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they relate to executive compensation and do not represent a significant change in the company's financial position.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of the stock transactions (share withholding for tax obligations). |
| 05/02/2025 | Date of the form filing. |
Keywords
Form 4, Beneficial Ownership, Stock Transactions, Newmont Corp, Peter Wexler, Stock-Settled Restricted Stock Units, Tax Withholding
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