Routledge Michael 4

What Happened

• Michael Routledge, Chief Operating Officer of Coeur Mining (CDE), had 10,627 shares withheld by the issuer on Feb 17, 2026 to satisfy tax obligations tied to the vesting of restricted stock. The withholding was at $21.81 per share, for a notional value of approximately $231,775. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date: 2026-02-17
• Withheld shares: 10,627 at $21.81 each; total value ≈ $231,775
• Reason: Shares withheld by issuer to pay tax due upon vesting of restricted shares (footnote F1)
• Holdings note: Filing states it includes 204,199 unvested restricted shares (footnote F2); total post-transaction beneficial ownership not specified in the excerpt provided
• Transaction type: Tax withholding (code F) — routine administrative disposition, not a market sale
• Filing timeliness: Not indicated in the provided data

Context

• Withholding shares to cover taxes on vested restricted stock is a common, routine corporate practice (often called "cashless withholding") and does not necessarily signal insider buying or selling intent. As COO, Routledge’s remaining holdings and unvested awards are noted, but this specific transaction was solely to satisfy taxes.