HOLMES FRANK E 4

What Happened
Frank E. Holmes, a reported 10% owner of U.S. Global Investors (GROW), acquired 907 shares on April 30, 2026 at $2.63 per share for a total of $2,385. The filing reports an "other acquisition or disposition" (code J) and notes the shares were purchased as restricted stock under an employee stock purchase plan. This was a purchase (a net inflow of shares), which investors often view as a more informative signal than routine sales, though the dollar amount here is small.

Key Details

• Transaction date and price: Apr 30, 2026 — 907 shares at $2.63 each.
• Total value: $2,385.
• Transaction code: J (other acquisition/disposition).
• Footnote: F1 — restricted stock purchase under employee stock purchase plan.
• Shares owned after transaction: not specified in the Form 4 provided.
• Filing date: May 1, 2026 — appears to be timely (filed within required reporting window).
• Insider status: Holmes is reported as a 10% owner (a significant holder, not labeled here as an executive trade).

Context
Code J is a general "other acquisition" label; the footnote clarifies this was a restricted stock purchase under an employee plan. The purchase amount is modest ($2.4k), so while purchases can be a positive signal, this specific transaction is small and should be weighed accordingly with other insider activity and company fundamentals.