Muniz Quintanilla Daniel 4
4 · NOVAGOLD RESOURCES INC · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
NOVAGOLD (NG) Director Daniel Muniz Quintanilla Buys 22,470 Shares
What Happened
Daniel Muniz Quintanilla, a director of NOVAGOLD Resources Inc. (NG), made an open-market purchase of 22,470 shares on February 6, 2026. The reported weighted-average price was $8.94 per share, for a total reported outlay of $200,882. This was a purchase (code P), which many investors view as a more informative (potentially bullish) insider action than a sale.
Key Details
- Transaction date: 2026-02-06 (reported on Form 4 filed 2026-02-10). Filing appears timely (within the two-business-day Form 4 window).
- Price: weighted average $8.94; actual purchase prices ranged from $8.90 to $8.98 (footnote).
- Shares acquired: 22,470; total value reported: $200,882.
- Shares owned after transaction: not specified in the excerpt provided.
- Footnote: reporting person can provide a breakdown of the number of shares bought at each price within the $8.90–$8.98 range upon request.
- Transaction type: Open-market purchase (P). No 10b5-1 plan, gift, or derivative action disclosed in this filing excerpt.
Context
Insider purchases like this show the director personally buying company stock, which some investors interpret as a vote of confidence. That said, filings alone don’t reveal motivation or timing strategy. Check subsequent filings or company disclosures for additional context (e.g., holdings after the trade).
Insider Transaction Report
- Purchase
Common Shares
[F1]2026-02-06$8.94/sh+22,470$200,882→ 45,021 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $8.90 to $8.98, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC., any security holder of NOVAGOLD RESOURCES INC., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.