VISTA GOLD CORP·4

Mar 17, 11:00 AM ET

Stevenson Tracy Austin 4

Research Summary

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Updated

Vista Gold (VGZ) Director Stevenson Receives 32,000 DSUs

What Happened

  • Stevenson Tracy Austin, a director of Vista Gold Corp. (VGZ), received an award of 32,000 Deferred Share Units (DSUs) on 2026-03-13. The Form 4 shows the units were granted at $0.00 (derivative award) — the grant has no immediate cash proceeds and no common shares were issued at grant.

Key Details

  • Transaction date: 2026-03-13; Filing date: 2026-03-17 (filed timely).
  • Transaction code: A (award/grant); 32,000 DSUs granted at $0.00.
  • Post-transaction share ownership: not specified in the provided filing excerpt.
  • Footnote summary: Each DSU equals the economic value of one common share, vests immediately, but underlying shares and voting/dispositive rights are not delivered until the director separates from the company. Grants expire no later than Dec. 1 of the year following separation.

Context

  • DSU awards to directors are a common form of compensation and represent a deferred economic interest rather than immediate share ownership or a cash purchase. Because the underlying shares are not issued and voting rights are withheld until separation, this award does not directly change the market float or produce immediate insider buying/selling signals.