Wade Lisa Jean 4
4 · U.S. GoldMining Inc. · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
U.S. GoldMining (USGO) Director Lisa Jean Wade Receives 250 Shares
What Happened
Lisa Jean Wade, a director of U.S. GoldMining Inc. (USGO), had 250 restricted stock units (RSUs) convert to 250 shares on June 16, 2026 (reported as an exercise/conversion of a derivative, transaction code M). The same filing also shows a reported disposition of 250 shares at $0.00. The filing does not list a cash value for the acquired shares (acquisition price = N/A) and shows $0.00 for the disposition.
Key Details
- Transaction date: June 16, 2026; Form 4 filed June 18, 2026 (timely filing).
- Reported transactions: 250 shares acquired via conversion/exercise (M); 250 shares disposed at $0.00 (derivative).
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: F1 — each Restricted Stock Unit equals the right to receive one share. F2 — 1,000 RSUs were granted on Dec 16, 2025 and vest in four equal installments (25% at 3, 6, 9 and 12 months). This transaction reflects the June 16, 2026 vesting tranche (250 RSUs).
- Filing does not specify whether the $0.00 disposition represents tax withholding, surrender, or another administrative settlement.
Context
This filing reflects RSU vesting and conversion to common shares rather than an open-market buy or sale. The conversion (derivative exercise) indicates award settlement; the zero-dollar disposition is commonly reported in RSU settlements for withholding or administrative purposes, but the Form 4 does not detail the reason. No indication of a 10b5-1 plan or late filing is present.
Insider Transaction Report
- Exercise/Conversion
Common Stock
[F1]2026-06-16+250→ 1,500 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-06-16−250→ 500 total→ Common Stock (250 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 1,000 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.