Larimer David Gregory 4

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.