ADAMEK PETER 4
4 · NOVAGOLD RESOURCES INC · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
NOVAGOLD (NG) CFO Peter Adamek Receives 889 Shares Under ESPP
What Happened
Peter Adamek, Vice President & Chief Financial Officer of NOVAGOLD Resources Inc., acquired 889 shares on 2026-06-30 under the company's Employee Stock Purchase Plan (ESPP). The Form 4 reports a weighted average price of $8.69 per share, for an aggregate reported cost of about $7,725. The filing classifies the transaction as an acquisition/award (code A).
Key Details
- Transaction date: 2026-06-30. Form filed: 2026-07-02 (appears within the typical two-business-day filing window).
- Shares acquired: 889. Reported weighted-average price: $8.69. Reported total value: ~$7,725.
- Price range: Footnote indicates purchases occurred over the quarter at prices ranging $7.72 to $10.85; $8.69 is a weighted average. (Footnote F2: reporting person will provide detailed per-price breakdown on request.)
- Method: Employee Stock Purchase Plan (Footnote F1).
- Shares owned after the transaction: Not specified in the provided filing.
- Other: Exhibit 24 (Power of Attorney) noted on the filing.
Context
ESPP purchases are a common employee benefit and often reflect routine payroll-deduction purchases rather than open-market investment timing. Insider purchases can be informative to investors, but should be considered alongside other data (company fundamentals, broader insider activity, and market conditions). The filing provides a weighted average price and a range of underlying purchase prices; full per-trade price details are available upon request as noted in the footnote.
Insider Transaction Report
- Award
Common Shares
[F1][F2]2026-06-30$8.69/sh+889$7,725→ 12,171 total
Footnotes (2)
- [F1]Represents shares acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan during the second calendar quarter of 2026.
- [F2]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions over a three-month period at prices ranging from $7.72 to $10.85, 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.