Nelson Jane 4
Research Summary
AI-generated summary
Newmont (NEM) Director Jane Nelson Receives DSU Award
What Happened Jane Nelson, a director of Newmont Corporation (NEM), received an award of 1,645 director stock units (DSUs) on 2026-05-13. The reported acquisition price is $0.00 (total reported value $0) because these units are a form of deferred equity compensation granted under Newmont’s 2020 Stock Incentive Compensation Plan in connection with her re-election to the board. The DSUs are immediately fully vested and non-forfeitable and will convert to one share of common stock per DSU when she retires from the board.
Key Details
- Transaction type: A (Award/Grant) — 1,645 DSUs awarded on 2026-05-13 at $0.00 per unit (reported value $0).
- Filing: Form 4 filed 2026-05-15 (timely; not marked late).
- Shares owned after transaction: not specified in the provided data.
- Footnote: DSUs represent the right to receive one share per DSU upon board retirement; units are fully vested and non-forfeitable.
- No open-market trade occurred — this is compensation, not a purchase or sale.
Context DSUs are a deferred-compensation vehicle for directors: they do not create immediate share purchases or sales and typically do not reflect near-term trading intentions. Because they convert to shares only upon retirement, these awards are routine director compensation rather than an active market signal.