Watkinson David George 4/A

What Happened
David George Watkinson, CEO, President and a director of Rise Gold Corp. (RYES), was granted 1,000,000 shares as an award/derivative acquisition on November 20, 2025. The Form 4 reports the acquisition price as $0.00 (a grant/award rather than an open‑market purchase), with a reported aggregate value of $0 on the filing. This filing is an amendment to the original report.

Key Details

• Transaction date: 2025-11-20
• Transaction type/code: Grant/Award (derivative) — code "A" on the Form 4
• Shares involved: 1,000,000 shares acquired at $0.00 (aggregate $0 reported)
• Filing: Amended Form 4 filed 2026-03-13 (this is a late/updated filing relative to the transaction date)
• Shares owned after transaction: Not specified in the provided excerpt — see the full amended Form 4 for post-transaction beneficial ownership and any footnotes
• No 10b5-1 plan, tax withholding, or cashless-sale indication was provided in the transaction summary supplied here

Context
A derivative grant typically reflects compensation or incentive awards (e.g., restricted stock units, performance shares, or other equity awards) and usually is subject to vesting or other conditions before shares become unrestricted. Because this is a grant recorded at $0 on the Form 4, it is not an open‑market purchase and does not necessarily signal immediate buying or selling activity. The amendment and delayed filing reduce near‑term transparency for investors; consult the full amended Form 4 for vesting terms, conversion mechanics, and updated beneficial ownership details.