Form 4: Newmont Executive Sells Shares Under 10b5-1 Plan
Insider Transaction Report
Newmont's MD, Africa-Asia Pacific, Mark C. Rodgers, sold 1,361 shares of common stock for $120.78 per share under a pre-arranged trading plan.
Summary
- Mark C. Rodgers, Newmont Corp's Managing Director for Africa-Asia Pacific, reported the sale of 1,361 shares of the company's common stock.
- The transaction took place on March 3, 2026, with shares sold at a price of $120.78 each.
- Following this sale, Rodgers directly beneficially owns 25,756 shares of Newmont common stock.
- The sale was executed in accordance with a Rule 10b5-1 trading plan, which was established on November 24, 2025.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral to slightly positive event. While insider selling can sometimes be a negative signal, the execution under a Rule 10b5-1 plan indicates a pre-scheduled transaction, reducing concerns about management's immediate outlook on the company.
Positives
- The sale was executed under a Rule 10b5-1 trading plan, indicating a pre-scheduled transaction rather than a discretionary sale based on new, non-public information.
Negatives
- An officer of Newmont Corp. sold 1,361 shares of common stock, which can sometimes be interpreted as a lack of confidence by some investors, though mitigated by the 10b5-1 plan.
Future Outlook
No forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that insider transactions, while company-specific, are routinely monitored by investors for insights into management's perspective on future performance. This particular transaction, being under a 10b5-1 plan, suggests a pre-planned liquidity event rather than a reaction to recent company developments.
Stakeholder Impact
- Shareholders may observe this insider sale as a routine liquidity event for an executive, given the 10b5-1 plan, rather than a signal of deteriorating company prospects.
Key Dates
| Date | Description |
|---|---|
| 11/24/2025 | Date the Rule 10b5-1 trading plan was established. |
| 03/03/2026 | Date of the reported transaction (sale of common stock). |
| 03/04/2026 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Newmont, NEM, Insider Trading, Form 4, Stock Sale, 10b5-1 Plan, Executive Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.