McEwen Inc.·4

Jun 30, 9:08 PM ET

Ing Perry 4

4 · McEwen Inc. · Filed Jun 30, 2026

Research Summary

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McEwen (MUX) CFO Ing Perry Converts RSUs; 1,500 Shares Received

What happened

  • Ing Perry, Chief Financial Officer of McEwen Inc. (MUX), had multiple restricted stock unit (RSU) awards vest on June 28–29, 2026. A total of 10,366 RSUs vested; 8,866 of those were settled for cash and 1,500 shares were issued to Perry. The filings are reported as derivative conversions/exercises (transaction code M). Dispositions are recorded at $0 per share reflecting the cash settlements rather than open‑market sales.

Key details

  • Transaction dates: June 28–29, 2026 (reported on Form 4 filed 2026-06-30).
  • Transaction type/code: Exercise/conversion of derivative (M) — RSU vesting and settlement.
  • Vested and settlement breakdown by grant:
    • Grant 8/11/2025: 1,866 vested (1,596 cash‑settled; 270 shares issued). [F2]
    • Grant 9/8/2025: 800 vested (684 cash‑settled; 116 shares issued). [F3]
    • Grant 6/29/2025: 4,740 vested (4,054 cash‑settled; 686 shares issued). [F4]
    • Grant 11/10/2025: 2,330 vested (1,993 cash‑settled; 337 shares issued). Remaining shares from this grant will vest Dec 20, 2026. [F5]
    • Grant 3/19/2026: 630 vested (539 cash‑settled; 91 shares issued). Remaining shares vest in two installments (Dec 20, 2026 and Jun 29, 2027). [F6]
  • Total vested: 10,366 RSUs; cash‑settled: 8,866; shares issued to insider: 1,500.
  • Prices/values: Acquisitions listed with N/A; disposition entries show $0 (reflecting cash settlement). The Form 4 does not disclose per‑share market proceeds for the cash settlements in the provided data.
  • Shares owned after transaction: not specified in the provided filing details.
  • Notable footnote (F1): each RSU is a contingent right to one share or cash at the company’s committee discretion.

Context

  • This was not an open‑market sale or purchase by the insider; it reflects RSU vesting and the company’s cash settlement/withholding of a portion of the vested awards. Such cash settlements commonly cover tax withholding and do not necessarily indicate a voluntary market sale by the insider.
  • Transaction code M indicates conversion/exercise of a derivative (here, RSUs becoming shares or cash).

Insider Transaction Report

Form 4
Period: 2026-06-28
Ing Perry
Chief Financial Officer
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-28+27046,864 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-28+11646,980 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-29+68647,666 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-29+33748,003 total
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-29+9148,094 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-06-281,8660 total
    Common Stock (1,866 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F3]
    2026-06-288000 total
    Common Stock (800 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F4]
    2026-06-294,7400 total
    Common Stock (4,740 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F5]
    2026-06-292,3302,330 total
    Common Stock (2,330 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F6]
    2026-06-296301,260 total
    Common Stock (630 underlying)
Footnotes (6)
  • [F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee.
  • [F2]The restricted stock units were granted on August 11, 2025 and vested as to 1,866 shares on June 28, 2026, 1,596 of which were settled for cash.
  • [F3]The restricted stock units were granted on September 8, 2025 and vested as to 800 shares on June 28, 2026, 684 of which were settled for cash.
  • [F4]The restricted stock units were granted on June 29, 2025 and vested as to 4,740 shares on June 29, 2026, 4,054 of which were settled for cash.
  • [F5]The restricted stock units were granted on November 10, 2025 and vested as to 2,330 shares on June 29, 2026, 1,993 of which were settled for cash. The restricted stock units will vest as to the remaining shares on December 20, 2026.
  • [F6]The restricted stock units were granted on March 19, 2026 and vested as to 630 shares on June 29, 2026, 539 of which were settled for cash. The restricted stock units will vest as to the remaining shares in two equal installments on each of December 20, 2026 and June 29, 2027.
Signature
/s/ Perry Ing|2026-06-30

Documents

1 file
  • 4
    tm2619456-1_4seq1.xmlPrimary

    OWNERSHIP DOCUMENT