Schafer Robert W 4

What Happened

• Robert W. Schafer, a director of U.S. Gold Corp. (USAU), received equity awards on January 21, 2026: 7,673 restricted stock units (RSUs) and a derivative award of 13,699 stock options. Both awards were reported as grants (transaction code A) with $0 reported as the acquisition price on the Form 4 (typical for grants).
• These are grants/awards, not purchases or sales — they do not represent an immediate cash investment by the insider nor an immediate sale of shares.

Key Details

• Transaction date: 2026-01-21; Form 4 filed: 2026-01-23 (Period of Report: 2026-01-21).
• Reported amounts: 7,673 RSUs (restricted stock units) and 13,699 options/derivative award; reported acquisition price: $0 (as grants).
• Vesting: Both awards vest on the first anniversary of the grant (i.e., ~Jan 21, 2027), subject to Schafer’s continuous service through that date (per footnotes).
• Shares owned after the transaction: Not disclosed in the provided filing.
• No 10b5-1 plan, tax-withholding, or late-filing flags were indicated in the supplied information.

Context

• RSUs convert into shares upon vesting (subject to service/vesting conditions); the option award gives the holder a right to purchase shares per the plan terms when vested — this filing reports the grant, not an exercise or sale. Grants are common as compensation and do not by themselves signal buying or selling intent.