Watkinson David George 4/A

What Happened

• David George Watkinson, CEO, President and Director of Rise Gold Corp. (RYES), was the recipient of equity awards/vested RSUs dated 2026-04-01. The Form 4 reports acquisitions of 62,500 shares (price $0.00) and 62,500 derivative shares (RSUs converted to the right to receive shares) and a simultaneous disposition of 62,500 derivative shares back to the issuer.
• All awards were fully vested on the grant date (footnote F1). The net effect reported is an increase of 62,500 shares held by Watkinson (125,000 acquired minus 62,500 disposed). No cash consideration was paid (price reported $0.00).

Key Details

• Transaction date: 2026-04-01 (reported in an amended Form 4 filed 2026-07-09).
• Reported items: 62,500 shares acquired (direct), 62,500 RSUs converted to shares (derivative acquired), and 62,500 derivative shares disposed to issuer.
• Price: $0.00 (award/vesting event, not an open-market purchase).
• Footnotes: F1 — fully vested on grant date; F2–F4 explain 1:1 conversion of RSUs to common shares and that shares were acquired upon receipt of vested RSUs.
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing status: This is an amended Form 4 filed more than two months after the April 1 transactions (filed 2026-07-09). Form 4s are typically due within two business days of the transaction; the late/amended filing may correct or clarify earlier reporting.

Context

• The pattern (RSUs vesting and an equal number of shares transferred back to the issuer) is consistent with standard tax-withholding or issuer share-retention practices when restricted stock units vest; the filing’s footnotes confirm RSUs converted into rights to receive shares and that shares were acquired upon receipt of vested RSUs.
• This was not an open-market purchase or sale for cash; it reflects equity compensation vesting rather than a market trade.