Diges Carmen L 4

What Happened
Carmen L. Diges, General Counsel and Corporate Secretary of McEwen Inc. (MUX), had multiple restricted stock unit (RSU) tranches vest on June 28–29, 2026 and those vested RSUs were converted/settled for cash. The filing reports exercises/conversions (transaction code M) for a total of 7,053 RSUs: 1,300; 533; 3,370; 1,470; and 380 shares. The reported exercise/conversion price is $0.00 and the Form 4 shows the derivative dispositions as $0 (the footnotes state the RSUs were settled for cash, but the cash amounts are not disclosed in the transaction lines).

Key Details

• Transaction dates: June 28, 2026 (1,300 and 533 RSUs) and June 29, 2026 (3,370; 1,470; 380 RSUs).
• Transaction code: M (exercise or conversion of a derivative security); dispositions listed as $0 in the report.
• Total RSUs converted/settled: 7,053 shares.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes: confirm each item was an RSU grant (grants dated 6/29/25, 8/11/25, 9/8/25, 11/10/25, 3/19/26) and state the vested RSUs “were settled for cash.” Some grants have remaining unvested portions with future vesting dates (e.g., remaining shares vest 12/20/2026 and in installments 12/20/2026 & 6/29/2027).
• Filing timing: Form 4 was filed June 30, 2026 (timely relative to the June 28–29 events).

Context

• These were RSU vestings that were cash-settled (not open-market purchases or direct share sales). Cash settlement of vested RSUs is commonly used to satisfy tax withholding or to monetize awards; the Form 4 shows exercise/conversion activity rather than an open-market sale.
• The filing does not disclose the cash amounts received from the settlements, so dollar proceeds are unknown from this report.
• For retail investors: cash-settled RSU vestings are routine compensation events and do not necessarily indicate the insider’s view on the company’s stock.