Coronado adjusts director Thompson’s equity after PSU performance testing

The latest update is out from Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh ( (AU:CRN) ).

Coronado Global Resources has disclosed a change in director Douglas Graham Thompson’s interests, reflecting the lapse of a substantial tranche of performance stock units granted under the company’s 2018 Equity Incentive Plan. Following FY2023 performance testing by the Compensation and Nominating Committee, 395,698 PSUs granted to Thompson under the FY2023 plan lapsed, leaving him with 197,552 PSUs from that award and a total holding of 1,771,961 PSUs and 60,201 CDIs.

The filing also notes that 374,845 PSUs previously earned by Thompson under the FY2022 plan have now met the service condition through to the February 2026 vesting date and are eligible to convert into CDIs within 30 days of vesting. The adjustments underscore how Coronado’s executive equity awards are actively calibrated to multi‑year performance and continued service, affecting the director’s potential equity stake and signalling disciplined application of its long‑term incentive framework.

The most recent analyst rating on (AU:CRN) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh stock, see the AU:CRN Stock Forecast page.

More about Coronado Global Resources Inc. Shs Chess Depository Interests Repr 10 Sh

Coronado Global Resources Inc. is a coal producer listed on the ASX, operating through CHESS Depositary Interests that represent shares in the company. It utilises equity incentive structures, including performance stock units, to align executive remuneration with company performance and shareholder returns.

Average Trading Volume: 5,901,498

Technical Sentiment Signal: Sell

Current Market Cap: A$519.7M

See more data about CRN stock on TipRanks’ Stock Analysis page.