Thompson Douglas Graham 4

What Happened

• Douglas Graham Thompson, CEO and Director of Coronado Global Resources (ASX:CRN), reported conversions/exercises and an award tied to previously granted performance stock units (PSUs).
• Reported transactions: on 2026-02-11 he exercised/converted derivatives producing 37,484.5 CDIs (reported as 374,845 underlying shares on a 10-for-1 basis) and a related derivative disposition of 374,845 (reported as a derivative disposition). On 2026-02-17 he received a grant/award reported as 19,755.2 shares (which corresponds to 197,552 CDIs per the filing).
• All reported acquisitions/exercises were recorded at $0.00 (these were vesting/exercise of PSUs rather than purchases with cash).

Key Details

• Transaction dates: 2026-02-11 (exercise/conversion) and 2026-02-17 (award/vesting).
• Prices: $0.00 reported for the acquisitions (typical for vested awards); no cash consideration reported.
• Reported amounts: 37,484.5 CDIs acquired (reported alongside a 374,845 derivative disposition) and 19,755.2 shares reported on Feb 17 (file notes this equals 197,552 CDIs).
• CDI conversion note: CDIs trade on the ASX and per the filing are convertible into Coronado common shares on a 10-for-1 basis (i.e., reporting shows both CDI counts and the corresponding underlying share equivalents).
• Shares owned after transaction: not specified in the information provided in this summary (not shown in the provided filing extract).
• Filing timing: Form 4 was filed 2026-02-19. The Feb 11 conversion appears to have been reported later than the typical two-business-day Form 4 window (the Feb 17 award was reported within that window).

Context

• These transactions reflect PSUs vesting/being settled (conversion to CDIs) and an award settlement—typical compensation events for executives rather than open-market buys or sales.
• "M" on the form denotes exercise/conversion of a derivative; "A" denotes grant/award. The reported $0 consideration is consistent with vested awards being settled, not with a purchase.
• For retail investors, awards/vesting are routine compensation mechanics and do not by themselves indicate an intent to buy or sell stock on the market.