Coronado Director Spindler Converts PSUs to CDIs and Clarifies Equity Holdings

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

Coronado Global Resources has disclosed a change in the interests of director Garold Ralph Spindler, detailing the conversion of performance stock units into Chess Depositary Interests under the company’s 2018 Equity Incentive Plan. Following the 13 March 2026 transactions related to the FY2022 and FY2023 plans, Spindler’s PSUs were fully converted to CDIs, his direct CDI holding increased, and prior minor errors in PSU counts due to rounding and typographical issues were clarified, providing greater transparency for investors.

The company reported that Spindler now holds CDIs and options along with an unchanged indirect economic interest in Coronado common stock via Coronado Group LLC. The clarification that he did not participate in later plan years and now holds no remaining PSUs helps refine the picture of his equity exposure and may aid stakeholders in more accurately assessing director alignment and potential future dilution.

The most recent analyst rating on (AU:CRN) stock is a Hold with a A$0.40 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 via Chess Depositary Interests. The company operates under an equity incentive framework that grants performance stock units, options and CDIs to executives, aligning management rewards with shareholder outcomes in the resources sector.

Average Trading Volume: 5,758,811

Technical Sentiment Signal: Sell

Current Market Cap: A$502.9M

Learn more about CRN stock on TipRanks’ Stock Analysis page.