NOVAGOLD Director Thomas Kaplan Receives DSU Award

What Happened

• Thomas S. Kaplan, a director of NOVAGOLD RESOURCES INC (NG), received a grant of 1,151.28 Deferred Share Units (DSUs) on 2026-09-01. The grant is reported as a derivative award at $0.00 per unit (code A — award/grant). This was an equity compensation grant, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-01; Form 4 filed: 2026-09-03 (timely filing).
• Grant: 1,151.28 DSUs recorded at $0.00 (derivative security).
• Shares owned after transaction: not specified in the excerpt of the filing.
• Footnote: DSUs vest immediately but the underlying common shares will not be issued, and Kaplan will have no voting or dispositive rights, until termination of his service as a director. The grants expire no later than 90 days after termination.

Context

• DSUs are a common form of director compensation that track the economic value of common shares but typically do not provide current voting rights or share issuance until a future event (here, termination). Such grants are routine compensation and do not by themselves indicate insider buying or selling sentiment.