ADAMEK PETER 4

What Happened
Peter Adamek, Vice President & Chief Financial Officer of NOVAGOLD RESOURCES INC. (NG), acquired 755 shares on March 31, 2026 under the company’s Employee Stock Purchase Plan (ESPP). The filing reports a weighted-average price of $10.24 per share for a total reported value of approximately $7,731. This was an acquisition (code A) — a purchase/award rather than a sale.

Key Details

• Transaction date: 2026-03-31; Form 4 filed 2026-04-01 (appears timely).
• Shares acquired: 755 shares; reported weighted-average price: $10.24; reported total value: $7,731.
• Footnote F1: Shares were acquired under NOVAGOLD’s Employee Stock Purchase Plan during Q1 2026.
• Footnote F2: The $10.24 figure is a weighted average; purchases occurred in multiple transactions over a three-month period at prices ranging from $8.85 to $13.93. The reporting person will provide a breakdown of purchases at each price on request.
• Shares owned after the transaction: not specified in this Form 4.

Context
ESPP purchases are typically payroll-deduction purchases or periodic plan contributions and are often considered routine compensation/benefit activity rather than market-timing. This filing records an insider acquisition (a net buy), which retail investors often view as a modest positive signal, but it’s small in dollar terms and reflects plan activity rather than a large, discretionary purchase.