MCARTHUR C. KEVIN 4

What Happened

• Kevin C. McArthur, a director of NOVAGOLD RESOURCES INC (NG), received a derivative award of 36,600 shares/options on 2026-02-02. The award was granted at $0.00 (no cash paid at grant) and is reported as a derivative award (transaction code A).

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely filing).
• Reported price: $0.00 per share (award/grant, no immediate cash value realized).
• Shares/units granted: 36,600 (derivative award).
• Shares owned after transaction: not specified in the provided filing.
• Footnote: Vesting schedule — 1/3 vests on 02/02/2027, 1/3 on 02/02/2028, and 1/3 on 02/02/2029 (per footnote F1).
• Transaction type: Award/Grant (compensation), not a purchase or sale.

Context

• This was a grant of a derivative award (the filing indicates options with a vesting schedule). No exercise or sale occurred at grant, so there was no immediate cash transaction or market sale. Such grants are typically part of director compensation and reflect future potential interest contingent on vesting, not an immediate market buy or sell.