U.S. GoldMining Director Dawson Garnet Linn Converts 250 RSUs

What Happened
Dawson Garnet Linn, a director of U.S. GoldMining Inc. (USGO), had 250 restricted stock units (RSUs) vest and convert into 250 shares on September 16, 2026. The filing shows an acquisition of 250 shares via conversion of a derivative and a simultaneous disposition of 250 shares reported at $0.00 (derivative). Net effect of these reported transactions is zero additional shares retained from this event.

Key Details

• Transaction date: 2026-09-16; Form 4 filed 2026-09-18 (timely filing).
• Acquired: 250 shares via conversion of RSUs (transaction code M).
• Disposed: 250 shares reported at $0.00 (transaction code M, derivative disposition).
• Price/value: $0.00 reported on the disposition line; no cash proceeds shown.
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 — each Restricted Stock Unit equals one share; F2 — 1,000 RSUs were granted on Dec 16, 2025 and vest in four equal installments. This 250-share conversion corresponds to the 9-month vesting installment.

Context

• This report reflects RSU vesting and conversion to common shares. A reported disposition at $0.00 for derivative-settled shares commonly reflects net settlement or tax withholding, but the Form 4 does not state the reason.
• Since the filing shows both acquisition and disposition of the same number of shares, there is no net increase in shares held by the reporting person from these entries.
• These transactions are routine equity compensation events for insiders and are informational rather than an explicit buy or sell signal.