Henris John William 4
Research Summary
AI-generated summary
Dakota Gold (DC) President Henris John William Sells Shares to Cover Taxes
What Happened
Henris John William, President and COO of Dakota Gold Corp., sold 12,100 common shares on June 1, 2026 to satisfy tax withholding obligations related to the conversion/settlement of vested restricted stock units. The filing reports a weighted average sale price of $5.96 per share, totaling approximately $72,134. This was a tax-withholding sale (routine), not an open-market buy or an additional discretionary sale for investment purposes.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (filed within the typical two-business-day window).
- Reported amount sold: 12,100 shares at a weighted average price of $5.96; total ~ $72,134. Transaction code: F (tax withholding).
- Footnote: The sale was made solely to satisfy withholding on the conversion of 50,000 RSUs that vested on June 1, 2026. The footnote says the shares were sold in multiple transactions at prices ranging from $5.96 to $5,965 and that the $5.96 figure is a weighted average; the Reporting Person will provide a breakdown of amounts sold at each price upon request.
- Shares owned after the transaction: Not disclosed in the provided filing.
Context
This was a cashless/tax-withholding sale tied to RSU vesting—common for executives and generally considered routine rather than a signal of changed conviction. The filing does not indicate any additional open-market sales or purchases by the insider in connection with this event.