Form 4: Newmont SVP & CAO Reports Routine Stock Transactions
Insider Transaction Report
Newmont's SVP & CAO, Brian Tabolt, reported the vesting of 490 performance stock units and the subsequent sale of 215 shares to cover tax obligations.
Summary
- Brian Tabolt, Senior Vice President & Chief Accounting Officer (SVP & CAO) of Newmont Corp /DE/ (NEM), reported transactions involving the company's common stock.
- On February 27, 2026, Mr. Tabolt acquired 490 shares of common stock, $1.60 par value, at a price of $0, which represents the vesting of stock-settled performance stock units.
- Following this acquisition, Mr. Tabolt beneficially owned 33,709 shares.
- On March 2, 2026, Mr. Tabolt disposed of 215 shares of common stock at a price of $127.47 per share.
- This disposition was made to satisfy tax withholding obligations related to the vesting of the 490 stock-settled performance stock units.
- After these transactions, Mr. Tabolt's beneficial ownership stands at 33,494 shares of common stock.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a routine insider transaction reflecting the vesting of performance-based compensation and subsequent tax-related sales, which is generally neutral but slightly positive due to the underlying performance unit vesting.
Positives
- The acquisition of 490 shares represents the vesting of stock-settled performance stock units, indicating that performance conditions were met.
Negatives
- The disposition of 215 shares, while for tax purposes, reduces the insider's direct holdings in the company.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that Form 4 filings provide transparency into insider transactions, which can sometimes offer insights into management's view of the company's prospects, though this specific filing primarily reflects routine compensation and tax-related sales.
Key Dates
| Date | Description |
|---|---|
| 02/27/2026 | Date of acquisition of 490 common shares due to vesting of performance stock units. |
| 03/02/2026 | Date of disposition of 215 common shares to satisfy tax withholding obligations. |
| 03/03/2026 | Date the Form 4 was signed by Logan H. Hennessey, as attorney-in-fact for Brian Tabolt. |
Recommendation
holdThis Form 4 filing details routine insider transactions related to executive compensation and tax obligations. It does not provide new fundamental information about Newmont's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining existing positions based on broader company fundamentals rather than this specific insider filing.
Keywords
Newmont, NEM, Form 4, Insider Transaction, Executive Compensation, Stock Vesting, Tax Withholding, Common Stock
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