Madero Garza Jose Manuel 4
4 · NEWMONT Corp /DE/ · Filed May 15, 2026
Research Summary
AI-generated summary of this filing
Newmont (NEM) Director Jose Madero Garza Receives 1,645-Share Award
What Happened
Jose Manuel Madero Garza, a director of Newmont Corporation (NEM), received an award of 1,645 director stock units (DSUs) on May 13, 2026. The filing reports the grant as an acquisition (code A) at $0.00 per unit (total reported value $0). The DSUs are immediately fully vested and non‑forfeitable; each DSU entitles the holder to one share of common stock upon the director’s retirement.
Key Details
- Transaction date: 2026-05-13; Form 4 filed: 2026-05-15 (no late‑filing flag indicated in provided data).
- Transaction type/code: Award/Grant (A). Amount: 1,645 DSUs at $0.00 (reported value $0).
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: DSUs awarded under Newmont’s 2020 Stock Incentive Compensation Plan; DSUs are fully vested and convert 1:1 to common shares upon retirement.
- No sale or open‑market purchase involved — this is a compensatory award to a director, not a market transaction.
Context
DSUs are a form of deferred equity compensation for directors and do not represent an immediate cash transaction or market buy/sell. Because these units are vested and payable in shares upon retirement, they reflect compensation policy rather than an active buy (which some investors view as a stronger bullish signal) or sale.
Insider Transaction Report
- Award
Common Stock, $1.60 par value
[F1]2026-05-13+1,645→ 18,452 total
Footnotes (1)
- [F1]The reported transaction reflects director stock units ("DSUs") awarded under the Issuer's 2020 Stock Incentive Compensation Plan (the "Plan") in connection with the reporting person's re-election to the Newmont Corporation Board of Directors. DSUs represent the right to receive shares of common stock and are immediately fully vested and non-forfeitable. Upon retirement from the Board of Directors, the reporting person is entitled to receive one share of common stock for each DSU.