Routledge Michael 4

What Happened

• Michael Routledge, Chief Operating Officer of Coeur Mining (CDE), had 21,153 shares withheld by the company on Feb 26, 2026 to cover taxes due upon the vesting of restricted shares. The withholding was reported as a disposition at $26.56 per share for a total value of $561,824. This was a tax-withholding event (routine), not an open-market sale.

Key Details

• Transaction date: 2026-02-26; Filing date (Form 4): 2026-03-02 (filed within the typical 2‑business‑day reporting window).
• Shares withheld/disposed: 21,153 shares at $26.56 each; total value reported $561,824.
• Footnotes: F1 — shares withheld by issuer to pay tax due upon vesting (tax withholding/cashless). F2 — filing notes 172,089 unvested restricted shares are included in reported ownership.
• The transaction code is F (tax withholding), which is a routine administrative disposition and typically does not signal insider sentiment.

Context

• This was not an open-market sale; the company withheld vested restricted shares to satisfy tax obligations (a common practice called tax withholding or a "sell to cover"). Such transactions are administrative and generally less informative about a manager's view of the stock than voluntary purchases or open-market sales.