ROBERTS GREGORY N 4
Research Summary
AI-generated summary
Gold.com (GOLD) CEO Gregory N. Roberts Sells Shares After Exercising Options
What Happened
Gregory N. Roberts, CEO of Gold.com (GOLD), exercised stock options (code M) to acquire 100,117 shares at an exercise price of $9.25 and immediately sold all those shares in open-market transactions. The sales generated about $6.29 million in gross proceeds; the aggregate exercise cost was approximately $0.926 million, meaning the transactions produced roughly $5.36 million in net proceeds before taxes and fees. Sales occurred across trading days on February 10–11, 2026, at prices in the low $60s per share.
Key Details
- Transaction dates: February 10–11, 2026. Exercise price: $9.25 per share.
- Shares exercised and acquired: 100,117 (80,000 on 2/10; 20,117 on 2/11).
- Shares sold in the open market: 100,117. Gross sale proceeds ≈ $6,287,433. Aggregate exercise cost ≈ $926,082. Approximate net proceeds ≈ $5.36M.
- Reported sale prices (weighted averages) ranged roughly from $60.0 to $64.455 per share (see footnotes F1–F7 for exact trade ranges).
- Footnote F9 notes the original option grant covered 200,000 shares and vested 25% per year through 2020.
- Footnote F8: Roberts has an indirect 50% ownership interest in Silver Bow Ventures, LLC and disclaims beneficial ownership beyond his pecuniary interest.
- Filing: Form 4 filed Feb 12, 2026 for transactions on Feb 10–11 — filing appears timely (no late-file notation).
Context
- These were option exercises followed by immediate sales (a common cashless outcome): the options were exercised at $9.25 and the shares sold at market prices in the low $60s.
- Sales by executives can be routine (tax, diversification, option exercises). The filing is factual and does not state Roberts’ motivation.
- No 10% owner warning applies here; Roberts is an officer (CEO), not an institutional 10% owner in the context of this filing.