HOLMES FRANK E 4

What Happened
Frank E. Holmes (reported as a 10% owner) acquired 716 shares of U.S. Global Investors, Inc. (GROW) on 2026-02-27 at $3.33 per share, a total reported value of approximately $2,384. The transaction is coded as an "other acquisition" and is described in the filing as a restricted stock purchase under the company's employee stock purchase plan (ESPP).

Key Details

• Transaction date: 2026-02-27; Filing date (Form 4): 2026-03-02 (appears timely under the 2-business-day rule).
• Price: $3.33 per share; Shares acquired: 716; Reported total value: $2,384.
• Transaction code: J (other acquisition or disposition).
• Footnote: F1 — "Restricted stock purchase under employee stock purchase plan."
• Shares owned after transaction: Not specified in the supplied filing details.

Context
A restricted ESPP purchase means the shares may be subject to restrictions or vesting and might not be immediately tradable. As a 10% owner, Holmes is a significant shareholder; such purchases can signal personal participation in company equity plans but do not by themselves reveal management intent or future company performance. The filing does not indicate any immediate sale or derivative exercise associated with this transaction.