Novagold (NG) Director Kyle Hume Receives DSU Award

What Happened
Kyle Hume, a director of Novagold Resources Inc. (NG), was granted 1,151 Deferred Share Units (DSUs) on 2026-09-01. The reported acquisition price is $0.00 (total reported value $0.00) because this is a compensation award rather than an open-market purchase.

Key Details

• Transaction date: 2026-09-01; Form 4 filed 2026-09-03 (appears to be timely, two days after the transaction).
• Security and amount: 1,151 DSUs granted (reported as acquisition code A). Reported price per unit: $0.00; total reported value: $0.00.
• Shares owned after transaction: Not disclosed in this filing.
• Footnote: DSUs are the economic equivalent of one common share each but underlying common shares are not issued and the reporting person has no voting or dispositive rights until termination of service. Grants to non‑U.S. participants expire Dec 31 of the year after termination; grants to U.S. participants expire 90 days after termination.
• No indication of a 10b5-1 plan, cashless exercise, tax withholding, or sale in this filing.

Context
Deferred Share Units are a form of deferred compensation for directors: they track the economic value of shares but do not represent current ownership, voting power, or immediate cash proceeds. This award is a routine director compensation event and does not reflect an open-market buy or sell by the director.