Wong Tyler Michael 4

What Happened
Tyler Michael Wong, Chief Financial Officer of U.S. GoldMining Inc. (USGO), reported the exercise/conversion of derivative awards on March 16, 2026. The filing shows 250 shares acquired through an exercise/conversion (transaction code M) and a simultaneous disposal of 250 shares reported at $0.00. No cash proceeds are reported for the disposal.

Key Details

• Transaction date: 2026-03-16 (reported on Form 4 filed 2026-03-18 — timely filing).
• Reported activity: Exercise/conversion of a derivative (Code M) — 250 shares acquired; 250 shares disposed at $0.00.
• Price / proceeds: Acquisition reported as N/A; disposal reported at $0.00 (no cash proceeds shown).
• Shares owned after transaction: Not stated in the provided filing.
• Relevant footnotes: F1 — each Restricted Stock Unit (RSU) represents the right to receive one common share; F2 — on Dec 16, 2025 the reporting person was granted 1,000 RSUs that vest in four equal installments (25% at 3, 6, 9, and 12 months from the grant date, per the footnote).
• Filing timeliness: Reported two days after the transaction (appears timely).

Context
The filing lists a conversion/exercise of derivatives (M), and footnotes indicate these are RSU-related awards granted in December 2025. The filing does not explain the reason for the simultaneous disposal of 250 shares (for example, tax withholding or transfer), nor does it show cash proceeds; therefore no inference about intent or company sentiment should be drawn from this single report.