Schmidt Laura 4

What Happened
Laura Schmidt, a director of U.S. GoldMining Inc. (USGO), had 250 Restricted Stock Units (RSUs convert/settle) convert into 250 shares on June 16, 2026. At the same time, 250 shares were reported disposed at $0.00 (reported as a derivative disposition). No cash proceeds were reported for the disposition.

Key Details

• Transaction date: 2026-06-16; Form 4 filed: 2026-06-18 (timely).
• Reported actions: conversion/settlement of 250 RSUs into 250 shares (acquired) and 250 shares disposed at $0.00 (derivative). Transaction code reported as M (exercise/conversion of derivative).
• Shares owned after the transaction: not disclosed in this filing.
• Footnotes: F1 — each RSU converts to one share at settlement; F2 — the RSUs stem from a 1,000-RSU grant on 2025-12-16 that vests in four equal installments (25% every 3 months).
• No sale proceeds reported; the $0.00 disposition is commonly how companies report shares withheld/surrendered to satisfy tax withholding or similar obligations.

Context
This transaction reflects scheduled RSU vesting and settlement (compensation-related), not an open-market buy or sell. The simultaneous disposition at $0.00 is typically a tax-withholding/share-surrender mechanism and does not necessarily indicate trading intent or a market-view change by the insider.