Larimer David Gregory 4
4 · Contango ORE, Inc. · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
Contango ORE (CTGO) VP David Larimer Sells 2,775 Shares
What Happened
- David Gregory Larimer, VP Exploration at Contango ORE, sold 2,775 shares on March 19, 2026 in an open-market/private sale for a total of approximately $49,728. The weighted-average price reported was $17.92 (sales ranged from $17.63 to $18.16). The filing indicates these shares were sold to cover tax withholding on restricted stock that vested the same day — a routine, non‑investment-driven sale.
Key Details
- Transaction date: 2026-03-19; Form 4 filed: 2026-03-20 (timely filing).
- Quantity sold: 2,775 shares; weighted-average price: $17.92; reported price range: $17.63–$18.16.
- Gross proceeds: ~ $49,728.
- Reason given: sale related to restricted stock that vested; proceeds used to cover tax liability (footnote F1). Reporting person offered to provide breakdown of shares sold at each price on request.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Transaction code: S (Sale); footnote indicates tax-withholding/cashless sale of vested restricted stock (routine).
Context
- This appears to be a routine sale to satisfy tax withholding obligations on vested restricted stock rather than a discretionary open‑market investment move; such transactions are common and typically do not signal insider sentiment about future company performance.
Insider Transaction Report
Form 4
Larimer David Gregory
VP Exploration
Transactions
- Sale
Common Stock, par value $0.01
[F1]2026-03-19$17.92/sh−2,775$49,728→ 12,793 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.
Signature
/s/ Mike Clark as Attorney in fact for David Larimer|2026-03-20