SEGELOV DAVID 4

What Happened
David Segelov, President and Director of Star Gold Corp. (SRGZ), converted a derivative security into 2,469,275 common shares on February 27, 2026. The conversion price was $0.04 per share, for a total acquisition value of approximately $98,771. This was an acquisition (conversion) rather than a sale.

Key Details

• Transaction date: 2026-02-27 (conversion of derivative security, code C).
• Shares acquired: 2,469,275 at $0.04 per share; total reported value ~$98,771.
• Additional derivative line in the filing showed 0 shares at $0.00 (appears to be a placeholder or a zero-quantity reporting line).
• Shares owned after the transaction: Not specified in the portion of the filing provided.
• Timeliness: The filing was marked late (transactionTimeliness = 'L'), meaning the Form 4 was not filed within the usual reporting window.

Context
Conversion (code C) means an underlying convertible instrument (e.g., convertible note, warrant, or other derivative) was converted into common stock; this is an acquisition of shares rather than a market purchase. Conversions and other insider acquisitions can be more informative than routine sales, but the filing provides no explanation of the original instrument or post-transaction holdings. The late filing reduces timeliness but does not change the reported transaction.