Toth Peter 4

What Happened

• Peter Toth, Executive Vice President & Chief Sustainability and Development Officer at Newmont (NEM), had shares withheld to satisfy tax withholding obligations when RSUs vested. The Form 4 reports dispositions (code F) of 3,321 shares at $124.85 on 2026-02-26 ($414,627) and 2,188 shares at $127.47 on 2026-02-27 ($278,904), a combined value of approximately $693,531.
• These were tax-withholding/share-withholding transactions tied to RSU vesting — a routine administrative disposition rather than an open-market sale driven by investment intent.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 3,321 shares withheld at $124.85 each = $414,627 (Disposition, code F)
  • 2026-02-27: 2,188 shares withheld at $127.47 each = $278,904 (Disposition, code F)
• Total shares withheld/disposed: 5,509 shares; total value ≈ $693,531.
• Footnotes:
  • F1: Withheld to satisfy tax withholding on the vesting of 7,590 stock-settled RSUs.
  • F2: Withheld to satisfy tax withholding on the vesting of 4,999 stock-settled RSUs.
• Shares owned after the transactions: not specified in the provided filing details.
• Filing timeliness: Form filed 2026-03-02; the filing does not indicate a late-report flag.

Context

• Code F transactions are routine withholdings to cover tax obligations on vested equity awards. They are not the same as voluntary open-market sales and typically reflect administrative settlement of compensation.
• For retail investors, these transactions signal executive compensation being settled, not necessarily a change in the insider’s view of the company.