Shaver William M 4

What Happened

• William M. Shaver, COO of McEwen Inc. (MUX), received two awards on March 19, 2026 totaling 4,919 derivative units: 4,440 restricted stock units (RSUs) and 479 deferred stock units (DSUs).
• Both grants were reported as awards (transaction code A) at $0.00 per unit (typical for equity compensation grants), so no cash was exchanged in the transaction.

Key Details

• Transaction date: 2026-03-19; Filing date: 2026-03-23 (filed within the normal Form 4 reporting window).
• Award breakdown: 4,440 RSUs + 479 DSUs = 4,919 total units; reported price per unit $0.00 (derivative awards).
• Vesting/delivery: RSUs vest in three equal installments on June 29, 2026; December 20, 2026; and June 29, 2027 (footnotes). DSUs are fully vested and are deliverable upon the reporting person’s termination of continuous service from the Board, subject to any deferral election.
• Shares owned after the transaction: not stated in this filing.
• Transaction type: Award/grant of derivative securities (not a purchase or sale) — not an immediate market-buy signal.

Context

• These are equity compensation awards (RSUs and DSUs). RSUs represent a contingent right to receive one share (or cash) per unit; DSUs represent a right to receive one share, with DSU delivery tied to termination of board service per the footnote.
• Awards at $0 are common for employee/director compensation and do not reflect an open-market purchase or sale. They should be interpreted as compensation-related grants rather than direct insider buying or selling.