Nauman Clynton R. 4

What Happened Nauman Clynton R., a director of Contango Silver & Gold Inc. (CTGO), was granted 10,800 shares of restricted stock on April 2, 2026. The shares were issued at a $0.00 per-share grant value (total reported value $0). This was an award/compensation grant (not an open-market purchase or sale).

Key Details

• Transaction date and type: April 2, 2026 — Award/Grant of 10,800 restricted shares at $0.00 per share.
• Report filed: Form 4 filed April 7, 2026 for the April 2 transaction (appears to be filed after the 2-business-day reporting window).
• Vesting: Per the filing footnote, the 10,800 restricted shares vest on April 2, 2029.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• No 10b5-1 plan, sale, exercise, tax-withholding, or other special codes were indicated in the provided information.

Context Restricted stock grants are a common form of director compensation and are subject to vesting; they do not represent an immediate market purchase or sale. Because the grant was priced at $0 in the filing (typical for many equity awards), the immediate cash value reported is $0 even though the shares may have future value. The apparent late filing may be a technical compliance issue but does not by itself indicate a change in insider sentiment.