Routledge Michael 4

What Happened

• Michael Routledge, COO of Coeur Mining, reported a disposition of 17,459 shares on Feb 27, 2026. The shares were withheld by the company to satisfy taxes due upon the vesting of restricted shares (a tax-withholding event, Form 4 code F). The shares were valued at $27.15 each, for a total of approximately $474,012.
• This was a withholding/cashless-type event to cover tax liability on vested restricted stock — a routine administrative disposition rather than an open-market sale signaling a change in sentiment.

Key Details

• Transaction date: 2026-02-27; price: $27.15; total value: ~$474,012.
• Filing date / accession: Form 4 filed 2026-03-03 (appears to be within the SEC’s two-business-day filing window).
• Footnotes: F1 — issuer withheld these shares to pay taxes due on vesting; F2 — the filing notes 127,723 unvested restricted shares are included in Mr. Routledge’s holdings.
• SEC code: F (payment of exercise price or tax liability via share withholding).
• This is not an open-market sale; it reflects tax withholding tied to vesting of restricted stock.

Context

• Tax-withholding dispositions are common when restricted shares vest and do not necessarily indicate executive intent to reduce ownership. They differ from open-market sales (which may reflect liquidity or sentiment) and from purchases (which are often viewed as bullish).