Form 4: Newmont EVP & CTO Sells Shares for Tax Obligations

Newmont's EVP & CTO, Francois Hardy, reported the sale of common stock to cover tax obligations related to restricted stock unit vesting.

Summary

• Francois Hardy, Executive Vice President and Chief Technology Officer (EVP & CTO) of Newmont Corp, reported two transactions involving the disposition of common stock.
• On February 26, 2026, 3,206 shares of Newmont Common Stock were disposed of at a price of $124.85 per share.
• On February 27, 2026, an additional 1,403 shares of Newmont Common Stock were disposed of at a price of $127.47 per share.
• These dispositions were identified as 'F' transactions, indicating shares withheld to satisfy tax withholding obligations.
• The shares disposed on February 26, 2026, were related to the vesting of 6,942 stock-settled restricted stock units.
• The shares disposed on February 27, 2026, were related to the vesting of 3,205 stock-settled restricted stock units.
• Following these reported transactions, Francois Hardy beneficially owns 36,531 shares of Newmont Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, a routine administrative transaction for an executive's equity compensation, with no direct positive or negative implications for the company's operational performance or future outlook.

Industry Context

StockSavvy.ai notes that insider transactions, particularly those related to tax withholding on restricted stock unit (RSU) vesting, are common and generally not indicative of management's sentiment towards the company's future prospects. This is a routine administrative event for executives receiving equity compensation.

Stakeholder Impact

• Shareholders: A minor reduction in insider holdings due to tax obligations, which is a standard practice and generally has negligible impact on shareholder value or perception.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax obligations upon the vesting of restricted stock units. Such transactions are administrative in nature and do not typically reflect a change in the executive's confidence in the company or its future prospects. Therefore, it does not warrant a change in investment recommendation based solely on this filing.

Keywords

Newmont, NEM, Form 4, insider transaction, stock sale, executive compensation, restricted stock units, tax withholding