Clark Michael Aaron 4

What Happened
Clark Michael Aaron, Chief Financial Officer and Secretary of Contango Silver & Gold Inc. (CTGO), was granted two awards on April 2, 2026: 16,200 shares of restricted stock and 27,500 stock options. Both awards are reported at $0.00 (no cash paid). The restricted shares and the options vest in two equal installments — half on April 2, 2027 and half on April 3, 2028. These were grants (compensation), not purchases or sales.

Key Details

• Transaction date: April 2, 2026; Form 4 filed April 6, 2026 (filed timely).
• Reported prices: $0.00 for both the restricted shares and the option grant (no cash exchanged).
• Restricted stock: 16,200 shares; vesting: 50% on 2027-04-02, 50% on 2028-04-03.
• Options: 27,500 options; vesting: 50% on 2027-04-02, 50% on 2028-04-03. Exercise price or per-option value is not stated in the filing.
• Shares owned after transaction: not specified in the Form 4.
• Footnotes: F1 describes the restricted stock vesting schedule; F2 describes the option grant and vesting schedule.
• Filing timeliness: appears timely (filed within required period).

Context
These entries are executive compensation grants (A = Award/Grant). Grants are common for aligning management incentives and do not represent open-market buying or selling. The option grant is a derivative award (not an exercised option) — no shares were exercised or sold in this filing.