Form 4: Newmont MD Thornton Reports Tax-Related Stock Dispositions

Newmont's MD, Americas, David John Thornton, reported the disposition of shares to cover tax obligations related to restricted stock unit vesting.

Summary

• David John Thornton, MD, Americas for Newmont Corp /DE/ (NEM), reported two transactions involving the disposition of common stock.
• On February 26, 2026, 1,921 shares were disposed of at a price of $124.85 per share.
• On February 27, 2026, an additional 1,129 shares were disposed of at a price of $127.47 per share.
• These dispositions were shares withheld to satisfy tax withholding obligations applicable to the vesting of 5,554 and 2,564 stock-settled restricted stock units, respectively.
• Following these transactions, David John Thornton beneficially owns 35,506 shares of Newmont common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction for tax purposes rather than a discretionary sale or purchase by the insider.

Positives

• The underlying event for the dispositions was the vesting of restricted stock units, which represents compensation earned by the executive.

Negatives

• David John Thornton's direct beneficial ownership of Newmont common stock decreased by a total of 3,050 shares due to tax withholdings.

Industry Context

StockSavvy.ai notes that routine insider transactions, such as dispositions for tax withholding upon RSU vesting, are common across all industries and typically do not reflect a change in management's outlook on the company's prospects.

Stakeholder Impact

• Shareholders: The transactions represent a minor, non-discretionary reduction in the direct beneficial ownership of a key executive, which is a common occurrence for equity compensation.

Key Dates

Keywords

Newmont, NEM, Form 4, Insider Transaction, Stock Disposition, Restricted Stock Units, Tax Withholding, Executive Compensation