U.S. Gold (USAU) Director Michael Waldkirch Receives Award

What Happened

• Michael N. Waldkirch, a director of U.S. Gold Corp. (USAU), received equity awards on 2026-09-28: 4,789 deferred stock units and 8,324 stock options. Both grants show $0.00 as the acquisition price (typical for compensation awards); no cash changed hands and no options were exercised or sold.

Key Details

• Transaction date: 2026-09-28; filing date: 2026-09-29 (timely filing).
• Grants reported as type "A" (award/grant). Reported amounts: 4,789 deferred stock units and 8,324 derivative (option) awards; acquisition price $0.00 for both.
• Shares owned after the transaction: not specified in the provided summary.
• Footnote F1: Deferred stock units become service‑satisfied one year after grant if the director remains in service; the service‑satisfied portion vests upon cessation of board service.
• Footnote F2: Options vest on the first anniversary of the grant date, subject to continuous service.
• These are compensation grants (not open‑market purchases or sales) and do not indicate an immediate sale or cash proceeds.

Context

• Deferred stock units and unvested options are common board compensation — they represent potential future equity rather than current stock ownership or a liquidity event. Options here are a derivative award and are not exercised; vesting schedules mean the awards may convert to vested shares only after continued service.