Rodgers Mark C 4
Research Summary
AI-generated summary
Newmont (NEM) MD Mark C. Rodgers Sells 5,147 Shares
What Happened
Mark C. Rodgers, Newmont Corp's Managing Director, Africa-Asia Pacific, reported a sale of 5,147 shares on 2026-02-25 at $125.00 per share, for proceeds of $643,375. This was a sale (not a purchase), which for insiders is often routine rather than a directional vote on the company.
Key Details
- Transaction date: 2026-02-25. Report filed on 2026-02-27 (timely — within the two-business-day Form 4 window).
- Price and quantity: 5,147 shares at $125.00 each; total value = $643,375.
- Sale type: reported as an open market or private sale.
- Footnote: Sale effected pursuant to a Rule 10b5-1 trading plan dated November 24, 2025.
- Shares owned after transaction: not specified in the provided filing excerpt.
Context
A Rule 10b5-1 plan lets insiders execute pre-scheduled trades and is commonly used to avoid questions about trading on material nonpublic information; it does not by itself indicate the insider’s current view of the company. Sales are generally less informative than purchases for gauging insider confidence.