Buffone Carlo 4
4 · Paramount Gold Nevada Corp. · Filed Jan 28, 2026
Research Summary
AI-generated summary of this filing
Paramount Gold (PZG) CFO Carlo Buffone Receives 61,250 Shares
What Happened Carlo Buffone, Chief Financial Officer of Paramount Gold Nevada Corp. (PZG), had 61,250 restricted stock units (RSUs) convert into 61,250 shares of common stock on January 26, 2026 (transaction code M — exercise/conversion of a derivative). The same filing also shows a disposition of 61,250 derivative shares on that date. No per-share price or total dollar value is reported (listed as N/A).
Key Details
- Transaction date: 2026-01-26; Form 4 filed: 2026-01-28 (filed within the typical 2‑business‑day Section 16 reporting window).
- Acquired: 61,250 shares (conversion/settlement of RSUs). Disposed: 61,250 (reported as a derivative disposition).
- Price: N/A — filing does not show cash proceeds or per‑share price.
- Shares owned after transaction: not disclosed in the filing.
- Footnotes: F1 — each RSU converts to one share at settlement; F2 — the award was granted 2024-01-26 and vested based on relative share‑price outperformance over the second year from grant.
- Filing gives no reason for the disposition (e.g., tax withholding or sale) and does not include related sale proceeds.
Context The filing reflects an RSU settlement event (conversion of performance‑vested RSUs), not an open‑market purchase. When RSUs vest, some or all shares are sometimes withheld or sold to cover taxes or other obligations; the Form 4 here shows both acquisition and an equal disposal but does not state the purpose. Because no cash amounts are disclosed, the net change in Buffone’s economic ownership cannot be determined from this filing alone.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-01-26+61,250→ 700,422 total - Exercise/Conversion
RSU
[F1][F2]2026-01-26−61,250→ 206,250 total→ Common Stock (88,750 underlying)
Footnotes (2)
- [F1]Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The transaction represents the settlement of restricted stock units in shares of common stock on meeting their vesting criteria.
- [F2]This award was granted on January 26, 2024 and vested upon the Company's share price outperforming the average share price of the peer group companies over the second year from the date of the RSU grant