SEGELOV DAVID 4

What Happened

• David Segelov, President and Director of Star Gold Corp. (SRGZ), converted a derivative security into 3,000,000 common shares on June 12, 2026. The filing reports an acquisition price of $0.00 for these shares (i.e., no cash paid in the reported conversion).

Key Details

• Transaction date: 2026-06-12 (conversion of derivative security)
• Reported price per share: $0.00; total cash consideration reported: $0
• Shares acquired: 3,000,000 common shares (derivative conversion)
• Shares owned after transaction: not specified in the summary portion of the data provided; see the full Form 4 for post-transaction holdings
• Footnote: underlying option shares vest 16.7% every six months thereafter until fully vested (subject to continuous service)
• Filing date: 2026-06-17 — filed three business days after the transaction; Form 4s are generally due within two business days, so this appears to be a late filing

Context

• This was an acquisition via conversion of a derivative (e.g., an option/warrant conversion or similar); the Form 4 records the derivative-to-stock conversion rather than an open-market purchase. No immediate sale (cashless or otherwise) of the acquired shares is indicated in the reported transaction. For exact post-transaction ownership, the underlying agreement details, or potential restrictions on sale (vesting or lockups), consult the full Form 4 filing (Accession 0001437749-26-020901).