Tabolt Brian 4
Research Summary
AI-generated summary
Newmont SVP Brian Tabolt Receives Award, Sells Shares for Taxes
What Happened
Brian Tabolt, Senior Vice President & Chief Accounting Officer at Newmont (NEM), received an award of 490 stock-settled performance stock units on 2026-02-27 (reported as an acquisition at $0.00). On 2026-03-02, 215 of those shares were withheld/sold to satisfy tax withholding at $127.47 per share, producing proceeds of $27,406 (per the filing footnote, the withholding was to cover tax liability on the vested award).
Key Details
- Transaction dates and prices:
- 2026-02-27: Award/grant of 490 shares (Form entry: A) at $0.00 acquisition price.
- 2026-03-02: 215 shares withheld/disposed (Form entry: F) at $127.47 each; total $27,406.
- Net shares from this award after withholding: 490 − 215 = 275 shares delivered to Tabolt.
- Shares owned after transaction: total holdings after this transaction are not disclosed in this Form 4 (filing shows only the award and withholding related to the vesting).
- Footnote: F1 — shares were withheld to satisfy tax withholding obligation applicable to the vesting of 490 stock-settled performance stock units.
- Filing: Form 4 filed 2026-03-03 covering transactions on 2026-02-27 and 2026-03-02; filing was prompt relative to the reported dates.
Context
- This filing records a vesting of performance stock units and a tax-withholding action (common practice when awards vest). The withheld/disposed shares satisfy tax obligations rather than represent an open-market discretionary sale.
- Transaction codes: A = Award/Grant; F = Tax withholding.