U.S. GoldMining Inc.·4

Jun 18, 4:05 PM ET

Still Alastair Charles 4

4 · U.S. GoldMining Inc. · Filed Jun 18, 2026

Research Summary

AI-generated summary of this filing

Updated

U.S. GoldMining (USGO) Director Still Converts 750 RSUs to Shares

What Happened

  • Alastair Still, a director of U.S. GoldMining Inc. (USGO), had 750 Restricted Stock Units (RSUs) vest and convert into 750 common shares on June 16, 2026. The Form 4 also shows a matching disposition of 750 shares reported at $0.00 (derivative).
  • This was not an open‑market purchase or sale for cash but the scheduled vesting/settlement of an equity award granted on December 16, 2025 (3,000 RSUs total, vesting in four equal installments). The transactions reflect award conversion rather than a buy or sell motivated by market views.

Key Details

  • Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (filed within the normal 2‑business‑day window).
  • Acquired: 750 shares via conversion of RSUs (derivative code M). Disposed: 750 shares at $0.00 (derivative).
  • Footnotes: F1—each RSU = right to one share; F2—3,000 RSUs granted Dec 16, 2025 vesting 25% at 3, 6, 9, and 12 months (this is the 6‑month vesting tranche).
  • Shares owned after the transaction: not specified in the information provided in your summary.
  • The $0.00 disposal line commonly reflects shares withheld or canceled to satisfy tax withholding or similar settlement mechanics on vesting (common practice for RSU settlements), though the filing does not explicitly state the method.

Context

  • These entries represent scheduled RSU vesting and conversion to common stock (an award settlement), not a market purchase or sale. Such vesting is routine compensation and doesn’t by itself indicate an insider’s buy/sell preference.

Insider Transaction Report

Form 4
Period: 2026-06-16
Transactions
  • Exercise/Conversion

    Common Stock

    [F1]
    2026-06-16+750119,700 total
  • Exercise/Conversion

    Restricted Stock Units

    [F1][F2]
    2026-06-167501,500 total
    Common Stock (750 underlying)
Footnotes (2)
  • [F1]Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
  • [F2]On December 16, 2025, the reporting person was granted 3,000 Restricted Stock Units. The Restricted Stock Units vest in four equal installments, 25% shall vest 3 months from December 16, 2025 (the "Grant Date"), 25% shall vest 6 months from the Grant Date, 25% shall vest 9 months from the Grant Date, and 25% shall vest 12 months from Grant Date.
Signature
/s/Alastair Still|2026-06-18

Documents

1 file
  • 4
    ownership.xmlPrimary

    4