U.S. GOLD CORP.·4

Jan 23, 4:17 PM ET

Bee George M 4

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U.S. Gold (USAU) CEO George M. Bee Receives Awards

What Happened George M. Bee, CEO, President and Director of U.S. Gold Corp. (USAU), received two equity awards on January 21, 2026: 13,043 restricted stock units (RSUs) and 15,982 stock options (reported as a derivative award). Both awards are reported with a per-share price of $0.00 on the Form 4 (total reported value $0). These were grants/awards (code A), not open‑market purchases or sales.

Key Details

  • Transaction date: 2026-01-21; reported on the Form 4 filed 2026-01-23 (appears timely for a two-business-day filing).
  • Grants: 13,043 RSUs (acquired) and 15,982 derivative securities (options) (acquired), each listed at $0.00 per share on the filing.
  • Shares owned following the transaction: not disclosed in this filing.
  • Footnotes: F1 — the 13,043 RSUs vest on the first anniversary of the grant, subject to continuous service. F2 — the 15,982 options vest on the first anniversary of the grant, subject to continuous service. Both awards were made under the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan.
  • Filing timeliness: Form filed Jan 23 for transactions on Jan 21; no late filing indicator shown.

Context RSUs convert into shares only when they vest, and stock options are rights to buy shares in the future once vested and (if exercised) paid for — neither award represents immediate sale proceeds or additional publicly traded shares until vesting/exercise occurs. These grants are routine executive compensation awards and should be viewed as such; they do not by themselves indicate a buy or sell signal.