Form 4: Newmont Executive Sells Shares Under 10b5-1 Plan

Mark C. Rodgers, Newmont's MD, Africa-Asia Pacific, sold 4,443 shares of common stock for $130 per share on February 27, 2026, as part of a pre-arranged trading plan.

Summary

• Mark C. Rodgers, the Managing Director for Africa-Asia Pacific at Newmont Corp /DE/ (NEM), reported a sale of company common stock.
• The transaction involved the disposition of 4,443 shares of common stock, with a par value of $1.60 per share.
• The shares were sold at a price of $130 per share.
• Following this transaction, Mark C. Rodgers directly beneficially owns 27,807 shares of Newmont common stock.
• The sale was executed on February 27, 2026, and was conducted pursuant to a Rule 10b5-1 trading plan established on November 24, 2025.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While an insider sale reduces executive ownership, the execution under a pre-arranged 10b5-1 plan demonstrates good corporate governance and suggests the sale is for personal financial planning rather than a negative signal about the company.

Positives

• The transaction was executed under a Rule 10b5-1 trading plan, indicating a pre-scheduled sale for personal financial planning rather than a reaction to new, non-public information, which is a positive for corporate governance.

Negatives

• The sale reduces the direct beneficial ownership of an executive, which some investors might interpret as a slight negative, although mitigated by the pre-planned nature of the transaction.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, particularly those executed under Rule 10b5-1 plans, are a common occurrence in publicly traded companies. These plans allow executives to diversify their holdings, manage liquidity, or address tax planning needs by pre-scheduling stock transactions, thereby reducing the perception of trading on material non-public information. Such routine sales are generally not indicative of a change in the company's fundamental outlook or performance.

Corporate Governance

Stakeholder Impact

• Shareholders: The impact on shareholders is minimal. While the sale reduces an executive's direct ownership, the pre-planned nature of the transaction under a 10b5-1 plan typically prevents it from being interpreted as a negative signal about the company's future prospects.

Key Dates

Recommendation

The insider sale by Mark C. Rodgers is a routine transaction executed under a pre-arranged 10b5-1 trading plan. This type of transaction is typically for personal financial management and does not usually signal a change in the company's fundamental outlook or warrant a shift in investment strategy. Therefore, a 'hold' recommendation is appropriate as this filing alone does not provide new information to alter the investment thesis for Newmont.

Keywords

Newmont, NEM, Insider Sale, Form 4, Executive Compensation, 10b5-1 Plan, Mining, Gold