NEWMONT Corp /DE/·4

Mar 2, 4:36 PM ET

Cmil Jennifer 4

Research Summary

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Updated

Newmont (NEM) EVP Jennifer Cmil Shares Withheld for Taxes

What Happened

  • Jennifer Cmil, EVP and Chief People Officer of Newmont (NEM), had shares withheld to satisfy tax withholding obligations tied to the vesting of restricted stock units (RSUs). The filing shows two withholding dispositions: 1,451 shares withheld on 2026-02-26 at $124.85 ($181,157) and 1,683 shares withheld on 2026-02-27 at $127.47 ($214,532), for a combined value of $395,689. This was a tax-withholding/cashless settlement of vested RSUs (a disposition), not an open-market sale or purchase.

Key Details

  • Transaction dates and amounts:
    • 2026-02-26: 1,451 shares withheld @ $124.85 = $181,157
    • 2026-02-27: 1,683 shares withheld @ $127.47 = $214,532
  • Total shares withheld: 3,134; total value ≈ $395,689.
  • Footnotes: F1 indicates 1,451 shares were withheld to satisfy taxes on the vesting of 5,081 stock-settled RSUs; F2 indicates 1,683 shares were withheld to satisfy taxes on the vesting of 3,846 stock-settled RSUs.
  • Shares owned after the transactions: not specified in the provided filing details.
  • Filing: Form 4 filed 2026-03-02 for transactions on 2026-02-26 and 2026-02-27 — appears to be timely (no late filing indicated).

Context

  • Code "F" transactions reflect shares withheld to cover tax withholding when RSUs vest (a common, administrative action); these are not open-market sales and generally don't signal a change in insider conviction.
  • The filing notes the underlying RSU vesting amounts; the withheld shares are simply the portion used to satisfy tax obligations (cashless withholding).