Form 4: Newmont EVP Cmil Sells Shares for Tax Obligations
Insider Transaction Report
Newmont's EVP and Chief People Officer, Jennifer Cmil, disposed of 1,207 shares of common stock to cover tax obligations related to restricted stock unit vesting.
Summary
- Jennifer Cmil, Executive Vice President and Chief People Officer of Newmont Corp (NEM), disposed of 1,207 shares of common stock.
- The transaction occurred on February 24, 2026, at a price of $124.25 per share.
- These shares were withheld to satisfy tax withholding obligations applicable to the vesting of 3,648 stock-settled restricted stock units.
- Following this transaction, Jennifer Cmil directly beneficially owns 71,586 shares of Newmont common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event. The transaction is a routine tax-related disposal following the vesting of executive compensation, not indicative of a change in company fundamentals or executive sentiment.
Positives
- The underlying event is the vesting of 3,648 restricted stock units, representing a form of compensation for the executive.
Industry Context
StockSavvy.ai notes that routine insider transactions, such as share disposals for tax obligations following equity vesting, are common occurrences in publicly traded companies and generally do not reflect a change in an executive's long-term outlook on the company, but rather a standard compensation and tax management practice.
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine tax-related transaction by an executive, not a sale for personal liquidity or a change in company strategy.
Key Dates
| Date | Description |
|---|---|
| 02/24/2026 | Date of transaction where shares were disposed of for tax withholding. |
| 02/25/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Newmont, NEM, Jennifer Cmil, Form 4, Insider Transaction, Stock Vesting, Tax Withholding, Executive Compensation, Common Stock
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