Pelletier Pierre Clement 4

4 · Paramount Gold Nevada Corp. · Filed Jan 28, 2026

AI-generated summary of this filing

Updated Jan 29, 2026

Paramount Gold (PZG) Director Pelletier Receives 25,500 RSU Award

What Happened

Pierre Clement Pelletier, a director of Paramount Gold Nevada Corp. (PZG), received three grants of restricted stock units (RSUs) on 2025-12-22: 8,500 RSUs + 8,500 RSUs + 8,500 RSUs, totaling 25,500 RSUs. Each grant is a derivative award granted at $0.00 (no cash paid) and represents a right to receive common stock upon vesting.

Key Details

Transaction date: 2025-12-22 (reported on Form 4 filed 2026-01-28; filing noted as late).
Grants: three awards of 8,500 RSUs each (total 25,500 RSUs); grant price $0.00 (derivative award).
Vesting conditions (per footnotes):
- One grant vests upon receipt of final state and federal permits for the Grassy Mountain Project.
- One grant vests if Paramount's share price outperforms the average share price of a 12-company peer group over the 12-month period ending 12/31/2026.
- One grant vests three years from the grant date.
Each RSU equals one share of common stock and will be delivered upon vesting.
Shares owned after the transaction are not specified in this filing.
Filing timeliness: marked late; the filer cites delays in EDGAR Next enrollment/account authorization.

Context

RSU grants are compensation/retention awards (derivatives) that convert to shares only when vesting conditions are met; they are not immediate open-market purchases or sales. Such awards are common for directors and management and do not by themselves indicate immediate buying or selling sentiment.

Form 4

Period: 2025-12-22

Director

Transactions

Award
RSU
[F1][F2][F3]
2025-12-22+8,500→ 28,500 total
→ Common Stock (8,500 underlying)
Award
RSU
[F1][F4][F5]
2025-12-22+8,500→ 37,000 total
→ Common Stock (8,500 underlying)
Award
RSU
[F1][F6][F7]
2025-12-22+8,500→ 45,500 total
→ Common Stock (8,500 underlying)

Footnotes (7)

[F1]Each restricted stock unit is equivalent to one share of the Company's common stock.
[F2]The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest on the receipt of the final state and federal permits for the Grassy Mountain Project.
[F3]The restricted stock units will vest and be delivered to the reporting person upon the delivery of the final state and federal permits for the Grassy Mountain Project.
[F4]The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest upon the Company's share price outperforming the average share price of the 12 peer group companies over the 12 month period ending December 31, 2026.
[F5]The restricted stock units will vest and be delivered to the reporting person upon the Company's share price outperforming the average share price of the 12 peer group companies over the 12 month period ending December 31, 2026.
[F6]The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest three years from the date of grant.
[F7]The restricted stock units will vest and be delivered to the reporting person three years from date of grant.

Signature

Pierre Pelletier|2026-01-28

1 file