Coon Kenneth D 4
4 · ioneer Ltd · Filed Jul 7, 2026
Research Summary
AI-generated summary of this filing
ioneer Ltd (IONR) VP HR Kenneth D. Coon Sells 113,899 Shares
What Happened
Kenneth D. Coon, Vice President Human Resources at ioneer Ltd (IONR), sold 113,899 shares on July 2, 2026. The Form 4 reports the sale at $0.11 per share (USD), totaling approximately $12,529. Footnote F1 says the shares were sold for tax purposes in connection with the vesting of performance units on July 1, 2026; F2 reports an equivalent price of AUD $0.1550 per share. This was a sale (often routine) to satisfy tax obligations rather than an open-market purchase.
Key Details
- Transaction date: July 2, 2026 (sale).
- Filing date: July 7, 2026 (appears to be 5 days after the transaction; typical SEC Form 4 deadline is within 2 business days).
- Type: Sale (S) — open market or private sale as reported.
- Shares sold: 113,899 at $0.11 per share (USD); proceeds ≈ $12,529.
- Alternate price reported: AUD $0.1550 per share (F2).
- Shares owned after transaction: Not disclosed in the provided filing excerpt.
- Notable footnotes: F1 — sale to cover taxes from vesting of performance units (July 1, 2026); F2 — AUD price per share.
- Timeliness: Filing appears later than the usual 2-business-day requirement (filed July 7 for a July 2 transaction).
Context
The sale was executed to meet tax withholding obligations tied to vested performance units (a common, routine reason for insider sales). Such tax-related sales generally do not by themselves indicate the insider’s view of the company’s prospects. This filing involves an executive (VP HR), not a 10% owner or controlling shareholder.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2]2026-07-02$0.11/sh−113,899$12,529→ 3,475,989 total
Footnotes (2)
- [F1]Represents shares sold for tax purposes in connection with vesting of performance units on July 1, 2026.
- [F2]AUD$0.1550 per share.