Callicotte Lisa 4

What Happened
Lisa Callicotte, Chief Financial Officer of U.S. Global Investors (ticker: GROW), acquired 359 shares on May 29, 2026. The shares were purchased at $2.64 per share for a total of about $948. The Form 4 reports the transaction as code "J" (other acquisition) with a footnote clarifying this was a restricted stock purchase under the company's employee stock purchase plan (ESPP).

Key Details

• Transaction date: 2026-05-29; Price: $2.64 per share; Shares acquired: 359; Total value: ~$948.
• Transaction type/code: Other acquisition (J); Footnote F1: restricted stock purchase under employee stock purchase plan.
• Filing date: 2026-06-01 — filing appears timely.
• Shares owned after transaction: not specified in the filing.

Context
This was an ESPP purchase (restricted stock), a routine way for employees and executives to buy company shares—often at a discount and possibly subject to transfer/vesting restrictions. The dollar amount is small, so while it reflects an insider purchase, it’s a modest routine buy rather than a large signal of conviction.