Whelan Thomas S 4

What Happened
Thomas S. Whelan, EVP & Chief Financial Officer of Coeur Mining (CDE), had 20,345 shares withheld by the company to satisfy taxes due upon the vesting of restricted stock. The withheld shares were valued at $27.15 each, for a total of approximately $552,367. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-27; filing date: 2026-03-03 (filed on time).
• Shares withheld/disposed: 20,345 at $27.15 per share; total ≈ $552,367.
• Shares owned after transaction: filing notes the insider’s holdings include 116,834 unvested restricted shares (per footnote F2). The filing does not indicate an open-market sale.
• Footnotes: F1 — shares were withheld by the issuer to pay tax due upon vesting; F2 — includes 116,834 unvested restricted stock shares.
• Transaction code: F (payment of exercise price or tax liability via share withholding).

Context
This was a routine “sell-to-cover”/share-withholding to pay taxes on vested restricted stock, which is common and does not necessarily indicate a change in the insider’s view of the company. Purchases by insiders tend to be more informative about confidence; tax-withholding dispositions are administrative.