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John Rothka, Chief Accounting Officer of Core Natural Resources Inc. (NASDAQ:CNR), sold 2,000 shares of company stock on October 8th and 9th, according to a Form 4 filing with the Securities and Exchange Commission. The $5 billion market cap company has seen its stock surge 10% in the past week, with InvestingPro data showing the shares trading at a P/E ratio of 148x.
The sales, which totaled $195,000, were executed in two tranches. On October 8th, Rothka sold 1,000 shares at $95.00 per share, and on October 9th, he sold another 1,000 shares at $100.00 per share.
Following these transactions, Rothka directly owns 9,307 shares of Core Natural Resources , Inc. common stock, which includes 828 unvested restricted stock units.
The sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on March 24, 2025. The company has demonstrated strong momentum, posting significant returns across multiple timeframes, though its current valuation metrics suggest premium pricing levels.
In other recent news, Core Natural Resources, Inc. has appointed Jimmy Brock as the new chief executive officer, adding to his current role as board chair. This leadership change follows the departure of Paul A. Lang, who will continue to offer transition consulting services until the end of 2025. Meanwhile, Canadian National Railway has had its stock price target adjusted by BMO Capital. The firm lowered the target to C$163 from C$168 while maintaining an Outperform rating. This adjustment comes after Canadian National Railway’s second-quarter results for fiscal year 2025, which BMO noted were generally in line with both their own and consensus expectations. These developments highlight significant changes in leadership and financial assessments for the companies involved.
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