Form 4: Newmont Executive Sells Shares for Tax Obligations
Insider Transaction Report
Newmont EVP Peter Toth reported the sale of shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Peter Toth, Executive Vice President, Chief Sustainability & Development Officer of Newmont Corp /DE/ (NEM), reported transactions involving company common stock.
- On February 26, 2026, 3,321 shares of common stock were disposed of at a price of $124.85 per share.
- This disposition was to satisfy tax withholding obligations related to the vesting of 7,590 stock-settled restricted stock units.
- Following this transaction, Peter Toth beneficially owned 59,011 shares directly.
- On February 27, 2026, an additional 2,188 shares of common stock were disposed of at a price of $127.47 per share.
- This second disposition also satisfied tax withholding obligations, applicable to the vesting of 4,999 stock-settled restricted stock units.
- After both transactions, Peter Toth's direct beneficial ownership stands at 56,823 shares of common stock.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral. The reported transactions are routine 'sell-to-cover' events for tax obligations related to vested restricted stock units, which are a standard part of executive compensation and do not reflect discretionary selling or a change in sentiment.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that these transactions are routine insider filings, specifically related to the tax implications of equity compensation vesting. Such 'sell-to-cover' transactions are common for executives receiving restricted stock units and are generally not indicative of a change in management's outlook on the company's prospects.
Stakeholder Impact
- Shareholders: Minimal impact as these are routine, non-discretionary transactions for tax purposes, not a signal of executive sentiment or company performance.
Key Dates
| Date | Description |
|---|---|
| 02/26/2026 | Disposition of 3,321 shares to satisfy tax withholding for RSU vesting. |
| 02/27/2026 | Disposition of 2,188 shares to satisfy tax withholding for RSU vesting. |
| 03/02/2026 | Date the Form 4 was filed with the SEC. |
Keywords
Newmont, NEM, Form 4, Insider Transaction, Stock Sale, Tax Withholding, Restricted Stock Units, Peter Toth, Executive Compensation
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