Fry David James 4
Research Summary
AI-generated summary
Newmont (NEM) Group Head David Fry Sells 18,394 Shares
What Happened
David Fry, Group Head Projects & Studies at Newmont Corp (NEM), reported the sale of 18,394 shares on March 16, 2026. The shares were disposed of in transactions that produced proceeds of approximately $2,050,037, at a weighted average price of $111.45 per share. The filing reports the transaction as an open-market or private sale; sales are often routine and do not necessarily indicate a change in the insider’s view of the company.
Key Details
- Transaction date: 2026-03-16; Form 4 filed: 2026-03-18 (filed two business days after the trade).
- Sale details: 18,394 shares sold; weighted average price $111.45; total proceeds ~$2,050,037.
- Price range: executed in multiple trades at prices from $111.381 to $111.56 (weighted average reported). (Footnote: the filer will provide breakdown of shares sold at each price upon request.)
- Shares owned after transaction: not disclosed in the provided filing.
- Filing timeliness: filed within the typical two-business-day Form 4 deadline (no late filing flag indicated).
Context
This was a stock sale (transaction code S). Sales by non-10% executives are common and can be for many personal reasons (taxes, diversification, liquidity); they should not be taken alone as a signal of company performance. The footnote clarifies the sale occurred across multiple trades and the weighted average price reflects those executions.