Quintana Julio M 4

What Happened

• Julio M. Quintana, a director of Newmont Corporation (NEM), received a grant of 1,645 director stock units (DSUs) on 2026-05-13. The Form 4 reports the award as transaction code A at $0.00 (reported value $0).
• This was an award/compensation item (not an open-market buy or sale). The DSUs are immediately fully vested and non-forfeitable; they represent the right to receive one share of Newmont common stock per DSU upon the reporting person’s retirement from the board.

Key Details

• Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (timely filing).
• Reported transaction type/code: A (award/grant); reported price: $0.00; reported monetary amount: $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: DSUs awarded under Newmont’s 2020 Stock Incentive Compensation Plan; DSUs convert to one share per unit upon retirement and are immediately vested and non-forfeitable.
• No indication of a 10b5-1 plan, cashless exercise, tax withholding sale, or late filing in the provided details.

Context

• DSUs are a deferred equity award for directors: they are not immediate common-stock transfers but a right to receive shares later (here, at board retirement). Such awards are common as director compensation and do not by themselves signal a buy/sell market view.
• Because the reported value on the Form 4 is $0 (unit award), retail investors who want a dollar value should check Newmont’s share price on or after 2026-05-13 to estimate the notional value of 1,645 DSUs.