MURPHY LILA A 4
4 · GOLD RESOURCE CORP · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
GOLD RESOURCE CORP (GORO) Director Lila Murphy Receives 127,040-Share Award
What Happened
Lila A. Murphy, a director of Gold Resource Corp (GORO), was granted 127,040 deferred stock units (DSUs) on 2026-03-06. The grant is recorded at an imputed price of $1.57 per unit for a total value of $199,999. The filing classifies this as an award/grant (derivative).
Key Details
- Transaction date: 2026-03-06; Form 4 filed: 2026-03-11 (filed late relative to the 2-business-day Form 4 deadline).
- Transaction type/code: A — Grant/Award of derivative securities (DSUs).
- Quantity and price: 127,040 DSUs @ $1.57 each; total value $199,999.
- Shares owned after transaction: Not specified in the provided filing.
- Footnotes: F1 — Each DSU equals the right to one share or cash equal to one share's value at redemption. F2 — DSUs vest immediately (un-forfeitable) but are redeemable at the earlier of the director’s termination of service or ten years from the grant date.
Context
DSUs are a form of deferred compensation for insiders (commonly directors); they are not an open-market purchase or sale and may be settled in stock or cash at a future redemption date. Because the DSUs vest immediately, Murphy has the right to future payment but will not receive shares (or cash) until redemption per the terms. The late filing is a procedural issue investors should note but does not itself indicate intent or change the mechanics of the award.
Insider Transaction Report
- Award
DSU
[F1][F2]2026-03-06$1.57/sh+127,040$199,999→ 127,040 total→ common stock (127,040 underlying)
Footnotes (2)
- [F1]Each deferred stock unit ("DSU") represents the right to receive one share of common stock or cash equal to the value of one share of common stock as of the Redemption Date (defined below).
- [F2]The DSUs vest immediately, meaning they become un-forfeitable at the time of grant but are redeemable at the earlier of the termination of the Reporting Person's service to the Issuer or ten years from the grant date (such date, the "Redemption Date").