Muniz Quintanilla Daniel 4

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).