Watkinson David George 4

What Happened
David George Watkinson, CEO, President and Director of Rise Gold Corp. (RYES), was credited with a 62,000-share award tied to restricted stock units (RSUs) that fully vested on April 1, 2026. The RSUs converted into the right to receive 62,000 shares (reported at $0.00 per share on the Form 4). On the same date, 62,000 shares (derivative) were disposed to the issuer — resulting in no net increase in freely held shares from this vesting event.

Key Details

• Transaction date: 2026-04-01; Form 4 filed: 2026-05-11 (filed more than two business days after the transaction).
• Reported entries: Award/Acquisition of 62,000 shares (A) at $0.00; RSU derivative conversion of 62,000 shares (A) at $0.00; Disposition to issuer of 62,000 derivative shares (D) at $0.00.
• Footnotes from the filing: RSUs were fully vested on grant date (F1); each vested RSU entitles holder to one share (F2); RSUs converted into rights to receive shares upon vesting (F3); the shares were acquired upon receipt of the fully vested RSUs as reported (F4).
• Shares owned after the transaction: not specified in the provided filing details.
• The "disposition to the issuer" entry commonly reflects shares withheld or surrendered to the company to satisfy tax-withholding or similar obligations; the filing itself does not state the specific reason.

Context
This was an award/vesting event (not an open-market purchase or a sale to a third party). For retail investors, vesting plus immediate surrender/withholding is routine compensation and tax-related practice and does not by itself indicate a buy or sell signal by the insider. The delayed filing (transaction on Apr 1, Form 4 filed May 11) is outside the typical two-business-day window for Form 4 reporting.