Jerrard Ross Ian 4
4 · Caledonia Mining Corp Plc · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Caledonia (CMCL) CFO Jerrard Receives Award, Exercises 2,062 Shares
What Happened
Jerrard Ross Ian, Chief Financial Officer of Caledonia Mining Corp Plc (CMCL), acquired 2,062 shares on April 1, 2026 at $22.59 per share, a total value of $46,581. The Form 4 shows two related entries: an award/acquisition (code A) and an exercise/conversion of a derivative (code M) for the same 2,062 shares and value. This was an acquisition (receipt of shares), not a sale.
Key Details
- Transaction date: 2026-04-01; Filing date (Form 4): 2026-04-02 (timely).
- Price and size: 2,062 shares at $22.59 each; total value $46,581.
- Transaction codes reported: A (award/acquisition) and M (exercise/conversion of derivative).
- Shares owned after transaction: not disclosed in the Form 4 provided.
- Footnotes: F1 — shares issued on vesting increased due to dividend reinvestment. F2 — RSUs were originally granted 1 Apr 2023 and vest in thirds on the first business day in April 2026, 2027 and 2028 (subject to adjustments and closed periods).
Context
The filing indicates these shares resulted from a scheduled RSU vesting and associated conversion/settlement of the derivative, rather than an open-market purchase or sale. There is no indication the shares were immediately sold; this looks like compensation-related vesting (routine insider acquisition).
Insider Transaction Report
- Award
Common shares
2026-04-01$22.59/sh+2,062$46,581→ 2,062 total - Exercise/Conversion
Restricted Share Units
[F1][F2]2026-04-01$22.59/sh+2,062$46,581→ 4,003 totalExercise: $22.59From: 2026-04-01Exp: 2028-04-01→ Common Shares (6,004 underlying)
Footnotes (2)
- [F1]The number of shares issued upon vesting reflects an increase due to dividend reinvestment.
- [F2]The Issuer granted the Restricted Share Units on 1 April 2023 and subject to any to any reduction, cancellation, forfeiture oracceleration in vesting, will vest in tranches of a third on each of the first business day in April 2026, 2027 and 2028 (followingthe publication of annual financial results) subject to any closed period.