Still Alastair Charles 4

What Happened

• Alastair Charles Still, a director of U.S. GoldMining Inc. (USGO), had 750 Restricted Stock Units (RSUs) convert to 750 common shares on March 16, 2026 (reported on Form 4). The filing also shows a simultaneous disposition of 750 shares at $0.00 (derivative), leaving no net new shares delivered to the insider from this vesting event.

Key Details

• Transaction date: 2026-03-16; Form 4 filed 2026-03-18 (timely).
• Transaction codes: M (exercise/conversion of derivative security) for the conversion; disposition reported at $0.00 (derivative).
• Shares acquired: 750 (conversion of RSUs); Shares disposed: 750 at $0.00 — net change = 0 shares delivered to the insider.
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 clarifies each RSU converts to one share. F2 notes the RSUs were part of a 3,000 RSU grant on Dec 16, 2025 that vests in four equal installments (25% = 750 shares vesting on Mar 16, 2026).

Context

• This filing reflects an RSU vesting/settlement (conversion of RSUs into common stock). The simultaneous $0.00 disposition is consistent with the company withholding shares to satisfy tax withholding or similar obligations upon settlement; the filing does not show a cash sale of shares. This type of routine withholding is common and does not, by itself, indicate a change in insider sentiment.