FitzGerald Emma 4
Research Summary
AI-generated summary
Newmont (NEM) Director Emma FitzGerald Receives DSU Award
What Happened
- Emma FitzGerald, a director of Newmont Corporation (NEM), was granted 1,645 director stock units (DSUs) on 2026-05-13. The reported transaction shows 1,645 shares acquired at $0.00 (award), total reported value $0.
- These DSUs were awarded under Newmont’s 2020 Stock Incentive Compensation Plan in connection with her re-election to the Board. The DSUs are immediately fully vested and non-forfeitable; upon retirement from the Board the holder is entitled to receive one share of common stock per DSU.
Key Details
- Transaction date: 2026-05-13; Filing date (accession): 2026-05-15 (timely — within the Form 4 two-business-day window).
- Transaction type/code: Award/Grant (A) — director stock units (DSUs).
- Shares reported acquired: 1,645 DSUs at $0.00 per unit (award).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: DSUs represent the right to receive common shares upon retirement; they are fully vested and non-forfeitable per the Plan.
Context
- DSU awards are a common form of non-cash director compensation and do not reflect an open-market purchase or sale; they convert to actual shares only upon the director’s retirement (per the filing).
- This is an award rather than a purchase or sale, so it should be viewed as compensation disclosure rather than a direct insider market signal.