HOLMES FRANK E 4

What Happened
Frank E. Holmes, a 10% owner of U.S. Global Investors (ticker: GROW), acquired 904 restricted shares on May 29, 2026. The shares were purchased at $2.64 per share for a total of $2,387. This was a purchase (a routine, small-scale buy) reported on a Form 4.

Key Details

• Transaction date: 2026-05-29
• Transaction type/code: Other acquisition or disposition (code J) — footnote clarifies this was a restricted stock purchase under the employee stock purchase plan (ESPP).
• Price per share: $2.64; total value: $2,387.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing date: 2026-06-01 — appears timely (filed within the Form 4 reporting window).
• Footnote: F1 = Restricted stock purchase under employee stock purchase plan.

Context
This was a modest, direct purchase of restricted stock under the company’s ESPP. Such small purchases by insiders are common and do not, by themselves, indicate a material change in insider sentiment. As a 10% owner, Holmes is a significant holder whose transactions are routinely reported, but this particular buy is limited in size.