Hardy Francois 4

What Happened Francois Hardy, Executive Vice President & Chief Technology Officer of Newmont (NEM), had shares withheld to satisfy tax withholding on the vesting of restricted stock units (RSUs). On 2026-02-26, 3,206 shares were withheld at $124.85 per share (value $400,269). On 2026-02-27, 1,403 shares were withheld at $127.47 per share (value $178,840). Total shares withheld: 4,609 for a combined value of approximately $579,109. These were not open-market sales but a routine tax-withholding (sell-to-cover) tied to RSU vesting.

Key Details

• Transaction dates and prices:
  • 2026-02-26: 3,206 shares withheld at $124.85 — $400,269 (Footnote F1).
  • 2026-02-27: 1,403 shares withheld at $127.47 — $178,840 (Footnote F2).
• Total withheld: 4,609 shares, ~$579,109.
• Shares owned after the transaction: not specified in this filing.
• Footnotes:
  • F1: Withheld to satisfy tax withholding on vesting of 6,942 stock-settled RSUs.
  • F2: Withheld to satisfy tax withholding on vesting of 3,205 stock-settled RSUs.
• Filing timeliness: Form 4 filed 2026-03-02 for transactions dated 2026-02-26–02-27; this filing date is within the standard 2 business-day window (timely).

Context: This is a routine tax-withholding event tied to RSU vesting (a common "sell-to-cover" method). It does not represent an open-market sale that signals a change in conviction; such withholdings are administrative and are standard following equity awards vesting.