Cinnamond Michael Andrew 4
Research Summary
AI-generated summary
Contango Silver & Gold (CTGO) Director Michael Cinnamond Receives Award
What Happened
- Michael Andrew Cinnamond, a director of Contango Silver & Gold Inc. (CTGO), was granted 10,800 shares of restricted stock on April 2, 2026. The grant price is reported as $0.00 (award), and the shares vest on April 2, 2029. This is an equity award (transaction code A), not an open-market purchase or sale.
Key Details
- Transaction date: April 2, 2026 (Form 4 filed April 6, 2026 — within the standard 2 business-day filing window)
- Security: Common stock — 10,800 restricted shares granted
- Price: $0.00 (award/grant); total cash value at grant not reported on the Form 4
- Vesting: Shares vest on April 2, 2029 (per footnote)
- Shares owned after transaction: Not specified in the provided filing details
- Notable footnote: F1 confirms the 10,800 restricted shares have a three-year vesting schedule (April 2, 2029)
Context
- This is a time-based restricted stock grant to a director — a common form of non-cash compensation and retention tool. It does not represent a market purchase or sale and therefore is not a direct buy/sell signal. The filing appears timely.