Coeur Mining Director Kenneth J. Thompson Sells 25,000 Shares
$CDE · Coeur Mining, Inc.Research Summary
AI-generated summary of this SEC filing
Coeur Mining Director Kenneth J. Thompson Sells 25,000 Shares
What Happened
Kenneth J. Thompson, a director of Coeur Mining, sold 25,000 shares in an open‑market transaction on August 19, 2026. The weighted average sale price was $20.77 per share, producing gross proceeds of approximately $519,250. This was a sale (S) transaction — sales are common insider activity and are not by themselves evidence of company prospects.
Key Details
- Transaction date: 2026-08-19 (reported on Form 4 filed 2026-08-20).
- Type: Open‑market sale (code S).
- Quantity and price: 25,000 shares sold at a weighted average price of $20.77/share; total proceeds ≈ $519,250.
- Price range: Executed in multiple trades at prices from $20.760 to $20.785 (footnote F1); reported price is the weighted average.
- Shares owned after transaction: Not specified in the provided summary — see the full Form 4 for current holdings.
- Timeliness: Filed one day after the trade (appears timely under typical Form 4 rules).
- Footnote: Reporter offers to provide, upon request, the breakdown of number of shares and prices for each trade (per F1).
Context
For retail investors: purchases typically signal a stronger direct vote of confidence than isolated sales. This filing documents a routine director sale; it provides transaction detail but not the insider’s holdings after the sale. For the full record (exact per‑trade quantities/prices and post‑transaction ownership), consult the complete Form 4 (Accession 0001188787-26-000004).