POWER THOMAS 4

What Happened Thomas Power, a director of Star Gold Corp. (SRGZ), converted derivative securities into 383,725 common shares on February 27, 2026. The conversion price reported was $0.04 per share, for a total reported value of approximately $15,349. The Form 4 also lists a separate conversion line with 0 shares and $0 value (appears to be a non‑economic entry).

Key Details

• Transaction date: 2026-02-27; Conversion price: $0.04 per share; Shares acquired: 383,725; Total value: ~$15,349.
• Filing date: 2026-05-08 — the Form 4 was filed about 70 days after the transaction (late relative to the usual 2‑business‑day reporting requirement).
• Shares owned after transaction: Not stated in the Form 4 (not disclosed).
• Transaction type/code: Conversion of derivative security (Form 4 code C). No 10b5-1 plan, tax withholding, or other special conditions were disclosed in this filing.

Context A "conversion" means the insider converted a derivative (e.g., warrants, convertible notes or similar instruments) into common shares rather than buying shares on the open market. Conversions are acquisitions in legal form but are often routine corporate-finance events; they do not necessarily signal fresh buying interest the way an open‑market purchase might. Because the filing was submitted well after the trade date, investors receive this information with diminished timeliness.