Form 4: Royal Gold SVP, Operations Raffield Martin Disposes of Shares to Cover Taxes
SEC Form 4
Raffield Martin, SVP of Operations at Royal Gold Inc., disposed of 18 shares of common stock on September 14, 2024, to satisfy tax obligations.
Summary
- On September 14, 2024, Raffield Martin, the SVP of Operations at Royal Gold Inc., disposed of 18 shares of common stock.
- The transaction was executed to cover tax obligations related to previously acquired shares.
- The shares were disposed of at a price of $143.19 per share.
- Following the transaction, Martin Raffield directly owns 6,798 shares of Royal Gold Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing represents a routine transaction for tax purposes and doesn't indicate any significant change in the executive's holdings or company outlook.
Industry Context
Form 4 filings are standard disclosures required by the SEC when company insiders trade their company's stock. This filing indicates a routine transaction to cover tax obligations and is a common practice among corporate executives.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 09/14/2024 | Date of transaction: Raffield Martin disposed of 18 shares of common stock to cover taxes. |
| 09/16/2024 | Date of signature on the Form 4 filing. |
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