Luna Eduardo 4

What Happened Eduardo Luna, a director of Coeur Mining, received an award of 5,247 restricted stock units (RSUs) on February 20, 2026. The Form 4 reports the acquisition as an award/grant (code A) at $0.00 per share (total cash paid $0). This was a compensation award (part of director retainer), not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-02-20 — Grant/Award of 5,247 RSUs (code A) at $0.00.
• Price/Value: Reported acquisition price $0.00; no cash paid at grant.
• Shares owned after transaction: Not specified in the filing.
• Relevant footnotes:
  • These RSUs were issued under the 2018 Long-Term Incentive Plan as part of the reporting person’s retainer fee.
  • Each RSU represents a contingent right to receive one share of Coeur common stock.
  • Shares equal to the number of RSUs will be delivered to the reporting person on the 60th day after separation from board service.
• Filing timeliness: Form filed on 2026-02-23 (three calendar days after the grant); filing appears to be within the SEC’s two business-day reporting window and is not flagged as late.

Context RSU grants to directors are a routine form of compensation and do not reflect an immediate cash purchase or sale. These RSUs only convert into actual shares under the stated conditions (they represent a promise of one share per RSU and will be delivered after the director’s board service ends, subject to the 60-day delivery provision).