Conger Harry M. IV 4
Research Summary
AI-generated summary
Newmont (NEM) Director Harry Conger IV Receives DSU Award
What Happened
Harry M. Conger IV, a member of Newmont Corporation's Board of Directors, was awarded 1,645 director stock units (DSUs) on May 13, 2026. The reported transaction is an award/grant (code A) with a $0 acquisition price; DSUs are rights to receive common shares rather than an open-market purchase.
Key Details
- Transaction date: 2026-05-13; Form 4 filed 2026-05-15 (Period of Report 2026-05-13).
- Shares/units awarded: 1,645 DSUs; reported acquisition price: $0.00.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: DSUs were awarded under Newmont’s 2020 Stock Incentive Compensation Plan, are fully vested and non-forfeitable, and convert 1-for-1 to common shares upon the director’s retirement.
- Timeliness: filing shows the report date two days after the transaction; no late-filing flag noted in the provided details.
Context
DSUs are a common form of non-cash director compensation and represent a future right to receive company stock (here, one share per DSU upon retirement). Because this was an award rather than an open-market purchase or sale, it does not necessarily indicate the director buying or selling stock in the market. The $0 reported price reflects that this was a compensation grant, not a cash purchase.