Isto Mark 4

What Happened
Mark Isto, a director of Royal Gold, reported a gift disposition of 580 shares on February 3, 2026. The transaction is coded as a gift (G) and was reported with a price of $0.00, so the reported consideration for the transfer is $0.

Key Details

• Transaction date: 2026-02-03 (Form 4 filed same day)
• Transaction type/code: Gift (G) — disposition of shares
• Shares transferred: 580; price per share recorded as $0.00; total reported consideration $0
• Shares owned after transaction: Not specified in the provided filing data
• Footnotes/plan: No 10b5-1 plan, tax withholding, or other footnotes reported in the provided data
• Filing timeliness: No late filing indicated (filed on the same date as the reported transaction)

Context
Gifts are disposals for reporting purposes but do not necessarily signal the insider’s view of the company’s stock — they can reflect personal, estate planning, or charitable actions. For retail investors, purchases are generally more indicative of insider confidence; a gift should be treated as a non‑market motivation unless additional information is disclosed.