Star Gold Corp.·4/A

Jun 17, 3:13 PM ET

Gorrill Lindsay Edward 4/A

Research Summary

AI-generated summary

Updated

Star Gold (SRGZ) 10% Owner Edward Gorrill Converts Derivative to 3M Shares

What Happened

  • Edward Gorrill, listed as a 10% owner of Star Gold Corp. (SRGZ), reported the conversion of a derivative security into 3,000,000 common shares on June 12, 2026. The shares were acquired at $0.00 per share (transaction code C), so no cash was required for the issuance.

Key Details

  • Transaction date: 2026-06-12 (reported on an amended Form 4 filed 2026-06-17)
  • Security acquired: 3,000,000 shares of common stock via conversion of a derivative
  • Price: $0.00 per share (total cash paid = $0)
  • Shares owned after transaction: not specified in this amended filing
  • Footnote: F1 states the shares underlying the related option vest 16.67% every six months until fully vested (continuous service required)
  • Timeliness: this is an amended filing submitted five days after the reported transaction; check the filing history for any earlier timely Form 4

Context

  • Conversion (code C) means a derivative instrument (e.g., an option or convertible instrument) was converted into common shares. The footnote indicates an associated option vesting schedule, so some or all of the converted shares may remain subject to vesting conditions. As a 10% owner, Gorrill is a significant holder — these transactions are ownership changes, not routine open-market buys or sales.