Karlovich Robert W III 4

What Happened
Robert W. Karlovich III, a director of WhiteHawk Minerals Corp. (WHK), received an award of 5,714 restricted stock units (RSUs) on June 10, 2026. The Form 4 reports an acquisition-type transaction (code A) with a reported price of $0.00, so the grant itself had no cash purchase price recorded. These RSUs are a contingent right to receive Class A common shares upon vesting.

Key Details

• Transaction date: 2026-06-10; Form 4 filed: 2026-06-12 (appears timely).
• Transaction type/code: Award/Grant (A).
• Amount: 5,714 RSUs; reported acquisition price: $0.00 (total recorded value $0).
• Vesting: RSUs vest on the earlier of (i) the day before the issuer’s first annual meeting after the grant, or (ii) June 10, 2027. (Footnote: each RSU converts to one share upon vesting.)
• Shares owned after transaction: not specified in the provided filing excerpt.
• No indication of a 10b5-1 plan, tax withholding, or immediate sale in this filing.

Context
RSU grants are a form of compensation and do not represent an immediate purchase or sale of shares; they only convert into actual shares if and when they vest. Because this is an award to a director, it’s typically part of routine compensation rather than a direct market signal. The reported $0.00 price reflects that the units were granted, not purchased.