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Newmont Americas Executive Adjusts Stake Through Tax Withholding and Planned Share Sale

Story Highlights
  • Newmont executive David John Thornton had shares withheld to cover tax liabilities from vesting restricted stock units.
  • Thornton sold additional Newmont shares under a Rule 10b5-1 plan and now beneficially owns 23,163 shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Newmont Americas Executive Adjusts Stake Through Tax Withholding and Planned Share Sale

Meet Samuel – Your Personal Investing Prophet

Newmont Corporation CHESS ( (AU:NEM) ) has issued an announcement.

Newmont Corporation reported changes in insider holdings as David John Thornton, Managing Director for the Americas, adjusted his equity position in the company. The Form 4 filing shows that on April 30, 2026, 1,805 shares of common stock were withheld to cover tax obligations tied to the vesting of 4,101 restricted stock units.

On May 1, 2026, Thornton sold 2,296 shares of Newmont common stock at an average price of $110.11 under a pre-arranged Rule 10b5-1 trading plan dated December 1, 2025. Following these transactions, he retained beneficial ownership of 23,163 shares, indicating that he continues to hold a substantial stake while managing tax and liquidity needs.

The most recent analyst rating on (AU:NEM) stock is a Buy with a A$215.00 price target. To see the full list of analyst forecasts on Newmont Corporation CHESS stock, see the AU:NEM Stock Forecast page.

More about Newmont Corporation CHESS

Newmont Corporation is a major U.S.-based gold and metals producer listed under the ticker NEM, with operations spanning the Americas and other regions. The company focuses on the exploration, development and production of gold and other minerals, and its leadership team holds significant equity-based compensation aligned with shareholder interests.

Average Trading Volume: 482,951

Technical Sentiment Signal: Buy

Current Market Cap: A$160.9B

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

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