Form 4: Newmont EVP Cmil Reports Tax-Related Stock Disposition

Newmont's EVP and Chief People Officer, Jennifer Cmil, reported a disposition of 609 common shares valued at $109.43 per share to cover FICA taxes on restricted retirement-eligible shares.

Summary

• Jennifer Cmil, Executive Vice President and Chief People Officer of Newmont Corp /DE/ (NEM), reported a transaction on December 30, 2025.
• The transaction involved the disposition of 609 shares of Newmont Common Stock, $1.60 par value, at a price of $109.43 per share.
• The disposition was made to cover required withholding for FICA taxes due to the lapsing of restrictions on retirement-eligible shares.
• No volitional sales or transfers of Newmont securities were made by Jennifer Cmil in connection with this change in ownership.
• Following the reported transaction, Jennifer Cmil beneficially owns 72,793 shares of Newmont Common Stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-volitional disposition of shares for tax withholding purposes, indicating a neutral sentiment regarding company performance or management's view of the stock.

Future Outlook

NA

Management Comments

• No volitional sales or transfers of Newmont securities were made by the reporting person in connection with the above reported change in ownership.

Industry Context

This is a routine insider transaction filing (Form 4) related to tax withholding, which typically does not reflect broader industry trends or competitive positioning. It is a standard compliance disclosure for executive compensation.

Stakeholder Impact

• Shareholders: Minimal impact as this is a routine, non-volitional transaction for tax purposes and does not reflect a change in management's investment sentiment or company fundamentals.

Key Dates

Recommendation

This Form 4 filing details a routine, non-volitional disposition of shares by an executive to cover tax obligations related to restricted stock vesting. Such a transaction does not indicate any change in the company's fundamental performance, strategic direction, or management's confidence in the business. Therefore, it provides no new information that would warrant a change in an existing investment thesis, leading to a 'hold' recommendation based solely on this filing.

Keywords

Newmont, NEM, Form 4, Insider Transaction, Stock Disposition, Jennifer Cmil, EVP, Chief People Officer, Tax Withholding