EVANS GARY C 4
Research Summary
AI-generated summary
United States Antimony (UAMY) CEO Gary C. Evans Receives Awards
What Happened
- Gary C. Evans, Chairman, CEO and a director of United States Antimony Corp (UAMY), was granted two equity awards on January 15, 2026: a restricted stock unit (RSU) award for 304,524 shares and a stock‑option award for 308,133 shares (total underlying shares = 612,657). The filing lists these as derivative awards; no purchase price or fair‑value was reported on the Form 4.
Key Details
- Transaction date: January 15, 2026; Form 4 filed March 30, 2026 (late filing).
- Awards reported: 304,524 RSUs and 308,133 stock options (total 612,657 shares underlying awards).
- Price/value: Not reported on the Form 4 (listed as N/A).
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes:
- RSU vesting: One‑third (101,508 shares) vests on Jan 15, 2026; additional one‑third on Jan 15, 2027 and the remainder on Jan 18, 2028, each subject to continued service through the vesting date.
- Stock option vesting: Options vest only upon satisfaction of specified performance measures at any time during the award’s 10‑year term, and are subject to continued service.
- Filing timeliness: The report was filed late (transaction occurred Jan 15; Form 4 filed Mar 30), which is notable because delayed disclosure reduces the immediacy of transparency for investors.
Context
- These transactions are awards (company compensation), not open‑market purchases or sales, so they reflect compensation decisions rather than a direct buying/selling signal from the insider. RSUs convert to shares as they vest; the stock options will only vest if performance targets are met within the 10‑year term. Because the filing does not report strike price or value, market participants should not infer the monetary value of the awards from this Form 4 alone.