Rodgers Mark C 4
Research Summary
AI-generated summary
Newmont (NEM) MD Mark C. Rodgers Sells 4,443 Shares
What Happened
Mark C. Rodgers, Managing Director, Africa–Asia Pacific for Newmont (NEM), disposed of 4,443 shares on February 27, 2026. The shares were sold at $130.00 per share for total proceeds of $577,590. The transaction is reported as an open-market/private sale (code S).
Key Details
- Transaction date and price: 2026-02-27 — 4,443 shares @ $130.00 each.
- Total proceeds: $577,590.
- Shares owned after transaction: Not disclosed in the provided filing.
- Footnote: Sale executed pursuant to a Rule 10b5-1 trading plan dated November 24, 2025.
- Filing timeliness: Form 4 filed 2026-03-02 for a 2026-02-27 transaction; the filing appears to be timely (within required business-day window).
Context
Sales made under a pre-established 10b5-1 plan are typically scheduled in advance and are common for insiders managing routine liquidity or diversification needs; they do not by themselves indicate a change in the insider’s view of the company. For retail investors, purchases generally carry more weight as signals than routine plan-based sales.