Form 4: Newmont Director Madero Garza Receives Stock Award
Statement of Changes in Beneficial Ownership
Director Jose Manuel Madero Garza was granted 1,645 director stock units following his re-election to the Newmont Corporation Board.
Summary
- Director Jose Manuel Madero Garza acquired 1,645 director stock units (DSUs) on May 13, 2026.
- The award was granted under the Issuer's 2020 Stock Incentive Compensation Plan.
- The transaction was part of the compensation associated with the director's re-election to the Board.
- The DSUs are fully vested and non-forfeitable, representing the right to receive common stock upon retirement from the Board.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that does not signal a change in company strategy or financial health.
Positives
- Alignment of director interests with shareholders through equity-based compensation.
- The award is fully vested, indicating immediate ownership of the underlying value.
Negatives
- None identified; this is a standard director compensation event.
Risks
- None identified; this is a standard director compensation event.
Future Outlook
The director will receive one share of common stock for each DSU held upon their eventual retirement from the Board of Directors.
Management Comments
- The reported transaction reflects director stock units awarded under the Issuer's 2020 Stock Incentive Compensation Plan in connection with the reporting person's re-election to the Newmont Corporation Board of Directors.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the mining sector to ensure long-term alignment between leadership and shareholder interests.
Comparison to Industry Standards
- The use of fully vested DSUs for board compensation is consistent with standard practices among large-cap mining companies like Barrick Gold and Freeport-McMoRan.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard component of director compensation packages.
Next Steps
- The director will hold the DSUs until retirement from the Board, at which point they will be converted to common stock.
Key Dates
| Date | Description |
|---|---|
| 05/13/2026 | Date of the director stock unit award transaction. |
| 05/15/2026 | Date of filing the Form 4 with the SEC. |
Keywords
Newmont, NEM, Director Compensation, Form 4, Insider Trading, Equity Incentive
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