Van Nieuwenhuyse Rick 4
4 · Contango ORE, Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Contango ORE (CTGO) CEO Rick Van Nieuwenhuyse Sells 21,621 Shares
What Happened Rick Van Nieuwenhuyse, President & CEO and a director of Contango ORE, sold 21,621 shares on March 19, 2026. The reported weighted-average price was $17.92, resulting in proceeds of $387,448. According to the filing footnote, these shares were sold because restricted stock vested on March 19, 2026 and the sale covered tax obligations related to that vesting.
Key Details
- Transaction date: 2026-03-19 (reported on Form 4 filed 2026-03-20)
- Transaction type/code: Sale (S) — open market or private sale
- Shares sold: 21,621
- Weighted-average price: $17.92; sale prices ranged from $17.63 to $18.16 (per footnote)
- Proceeds: $387,448
- Reason given: Shares sold to satisfy tax withholding on vested restricted stock (footnote)
- Shares owned after transaction: Not stated in the provided excerpt of the filing
- Timeliness: Filing was submitted the next day (no late filing indicated)
Context This was a routine sale tied to tax withholding for vested restricted stock rather than an independent open-market disposition for investment purposes. Sales to cover taxes are common and do not necessarily indicate a change in an insider’s view of the company.
Insider Transaction Report
- Sale
Common Stock, par value $0.01
[F1]2026-03-19$17.92/sh−21,621$387,448→ 517,140 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $17.63 to $18.16, inclusive. The reporting person sold these shares as they related to restricted stock that vested on March 19, 2026, which covered tax owing related to the vesting of this restricted stock. The reporting person undertakes to provide to Contango ORE, Inc., any security holder of Contango ORE, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote (1) to this Form 4.