Saville Kendall 4

What Happened

• Saville Kendall, a director of Gold.com (GOLD), exercised stock options on May 13, 2026, to acquire 6,000 shares at an exercise price of $17.87 per share, a total cash cost of $107,220.
• To satisfy tax withholding related to the exercise, 2,543 shares were surrendered/withheld at an indicated value of $42.16 per share, totaling $107,213. After withholding, Kendall netted 3,457 shares (6,000 acquired − 2,543 withheld). The filing also lists a derivative conversion entry related to the exercised options.

Key Details

• Transaction date: 2026-05-13. Filing date (Form 4): 2026-05-15 (appears timely within the usual 2-business-day window).
• Exercise price: $17.87; value of exercised shares: $107,220. Withholding: 2,543 shares at $42.16 each = $107,213.
• Net shares added to holdings (based on provided entries): 3,457 shares. The filing did not state the total shares owned after the transactions in the provided summary.
• Footnote: The option grant covered 6,000 shares and vested in thirds — 33.33% on March 19 of 2022, 2023, and 2024.
• Transaction codes: M = option exercise/conversion; F = payment of exercise price/tax withholding.

Context

• This was an option exercise with shares withheld to cover taxes (a common cashless-style settlement for tax purposes). Such exercises are routine for option holders and do not, by themselves, indicate a change in the director’s view of the company.
• Purchases or net increases in holdings tend to be more informative for bullish signals; here Kendall did acquire net shares (3,457) after withholding.