Pelletier Pierre Clement 4

What Happened

• Pierre Clement Pelletier, a director of Paramount Gold Nevada Corp. (PZG), had restricted stock units (RSUs) settle on January 26, 2026. The Form 4 shows conversion/exercise of derivative awards resulting in 20,000 shares acquired and a matching 20,000-derivative disposition entry. No cash price or dollar value is reported (price = N/A).

Key Details

• Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (filed within the normal 2-business-day window).
• Reported transactions: 20,000 shares acquired (conversion/settlement) and 20,000 RSU/derivative units disposed (both coded as M — exercise/conversion of derivative).
• Price/value: N/A (these were RSU settlements, not open-market purchases or sales).
• Shares owned after the transaction: not specified in the provided excerpt.
• Footnotes: F1 — each RSU converts to one common share at settlement; F2 — the award was granted Jan 26, 2024 and vested upon meeting the required vesting condition.

Context

• This was a settlement of vested RSUs, not an open-market buy or deliberate sale of existing stock. The paired "disposed" derivative entry often reflects net settlement mechanics (for example, shares withheld or surrendered to satisfy taxes), though the filing excerpt does not explicitly state the reason. Such RSU settlements are routine compensation events and do not by themselves indicate the director buying or selling shares on market.