Gianulis Peter Lawrence 4

What Happened

• Peter Lawrence Gianulis, a director of Gold Resource Corp (GORO), was granted 63,520 deferred stock units (DSUs) on March 6, 2026. The grant is reported as a derivative award at an implied value of $1.57 per unit, totaling $100,000. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-06; Filing date: 2026-03-11 (filed 5 days after the transaction; Form 4s are normally due within 2 business days).
• Grant size and value: 63,520 DSUs @ $1.57 per unit = $100,000 (derivative award).
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: F1 — each DSU equals the right to one common share or cash equal to a share’s value at redemption. F2 — DSUs vest immediately but are redeemable at the earlier of the director’s service termination or ten years from grant.
• No 10b5-1 plan, tax-withholding sale, or cashless exercise noted.

Context

• DSUs are deferred compensation: they give the holder the right to receive stock or cash later rather than representing immediate ownership or an open-market purchase. Because they vest immediately but are payable only at termination or after up to ten years, this grant is primarily a compensation event, not a near-term market commitment.