Stiles Douglas Avery 4

What Happened Stiles Douglas Avery, VP Sustainability & Environment at Lion Copper & Gold Corp. (LCGMF), was reported as acquiring 300,000 derivative securities on September 8, 2025. The Form 4 lists the transaction as an award/grant (code A) at $0.00 per share (no cash paid). A footnote states the vesting conditions have been satisfied and all options are now fully vested.

Key Details

• Transaction date: 2025-09-08; Transaction type: Grant/Award of 300,000 derivative securities at $0.00.
• Filing date / Accession: Form 4 filed 2026-03-30 (reporting period: 2025-09-08).
• Shares owned after transaction: Not specified in the supplied filing details.
• Footnote: F1 — vesting conditions satisfied; all options fully vested.
• Timeliness: The Form 4 was filed roughly seven months after the transaction (late relative to the SEC’s two-business-day requirement), which delays public disclosure of the acquisition.

Context This was an award/derivative acquisition tied to compensation or equity incentives rather than an open-market purchase or sale. The filing does not show any immediate sale of the shares, nor a cash exercise amount; it reports the vesting of options/awards. For investors, such awards reflect compensation vesting rather than a direct trading signal — and the late filing reduces the timeliness of the disclosure.