Form 4: Newmont Corp Executive Robert D. Atkinson Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Robert D. Atkinson, EVP & COO of Newmont Corp, reported disposing of shares to cover tax withholding obligations related to the vesting of stock-settled restricted stock units.
Summary
- Robert D. Atkinson, an Executive Vice President and COO of Newmont Corp, filed a Form 4 with the SEC.
- The form details the disposal of Newmont Corp common stock to cover tax withholding obligations.
- On February 27, 2024, 3,365 shares were disposed of at a price of $30.01 per share.
- On February 28, 2024, 2,203 shares were disposed of at a price of $29.86 per share.
- Following these transactions, Atkinson directly owns 90,555 shares of Newmont Corp common stock.
- The disposals were related to the vesting of stock-settled restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to tax obligations and do not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/27/2024 | Disposal of 3,365 shares of common stock at $30.01 per share to cover tax obligations. |
| 02/28/2024 | Disposal of 2,203 shares of common stock at $29.86 per share to cover tax obligations. |
| 02/29/2024 | Date of signature for the Form 4 filing. |
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