Bitzer Jeffrey D 4

What Happened
Jeffrey D. Bitzer, Chief Development Officer of Coronado Global Resources Inc. (ASX: CRN), reported three sales of company stock to satisfy tax obligations tied to vested Performance Stock Units. The filing lists:

• 2024-03-08: 1,999.8 shares sold at $9.04 each for $18,078
• 2025-03-06: 3,712.9 shares sold at $3.33 each for $12,364
• 2026-03-12: 19,459.2 shares sold at $2.44 each for $47,480
  Total reported disposition: 25,171.9 shares for approximately $77,922. All transactions are reported as sales (S).

Key Details

• Transaction dates/prices/values:
  • 2024-03-08 — 1,999.8 @ $9.04 = $18,078
  • 2025-03-06 — 3,712.9 @ $3.33 = $12,364
  • 2026-03-12 — 19,459.2 @ $2.44 = $47,480
• Shares owned after transaction: Not specified in the Form 4 excerpt provided.
• Footnote: F1 — Sales reflect CHESS Depositary Interests (CDIs) sold to satisfy tax liability from vesting of Performance Stock Units. Sales executed as CDIs on the Australian Securities Exchange; USD amounts shown after conversion (1 common share = 10 CDIs).
• Timeliness: Form 4 was filed 2026-05-26 and reports transactions from 2024–03–08 through 2026–03–12; the earliest trades are reported well after the trade dates, indicating the filing was made long after some transactions.

Context
These sales were made to cover tax withholding on vested PSUs (per the filing footnote), which is a common, administrative reason for insider sales and generally not considered a statement about the insider’s view of the company. The transactions were executed as CDI sales on the ASX and converted to U.S. dollar equivalents in the filing.