Ball Ian J 4
4 · McEwen Inc. · Filed Jun 30, 2026
Research Summary
AI-generated summary of this filing
McEwen (MUX) Director Ian Ball Receives 160 Shares via RSU Vest
What Happened
Ian J. Ball, a director of McEwen Inc. (MUX), had 310 restricted stock units (RSUs) convert on June 29, 2026. The conversion resulted in 160 shares delivered to him and 150 RSUs settled for cash (tax withholding). The filing shows the derivative conversion (transaction code M); no market price/value for the delivered shares was provided in the Form 4.
Key Details
- Transaction date: 2026-06-29; Form 4 filed: 2026-06-30 (appears timely).
- Reported transactions: conversion/exercise of derivative (code M) — 310 RSUs vested; 160 shares acquired (net), 150 RSUs settled for cash (reported as disposed).
- Prices/values: filing lists N/A or $0 for price/value columns; cash settlement amount for the 150 RSUs was not disclosed in the Form 4.
- Shares owned after transaction: not reported in the provided details.
- Footnotes: F1 explains each RSU converts to one share or cash at the issuer’s discretion; F2 notes RSUs were granted 11/10/2025, vested for 310 shares on 6/29/2026 (150 settled for cash), and remaining award(s) vest 12/20/2026.
Context
This was a routine award vesting and partial cash settlement for tax withholding (a cashless-style settlement of RSUs), not an open‑market purchase or sale. Such conversions are administrative (compensation-related) and do not necessarily signal the insider’s view on the stock.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-29+160→ 320 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-29−310→ 310 total→ Common Stock (310 underlying)
Footnotes (2)
- [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 November 10, 2025 and vested as to 310 shares on June 29, 2026, 150 of which were settled for cash. The restricted stock units will vest as to the remaining shares on December 20, 2026.