Larimer David Gregory 4

What Happened David Gregory Larimer, VP Exploration at Contango Silver & Gold (CTGO), was granted equity compensation on April 2, 2026: 5,300 shares of restricted stock and 9,000 stock options. Both items are reported at $0.00 (they are compensation grants, not open‑market purchases or option exercises). The restricted shares and the options vest in two equal tranches — half on April 2, 2027 and the remaining half on April 3, 2028.

Key Details

• Transaction date: April 2, 2026; Form 4 filed April 6, 2026.
• Grants reported: 5,300 restricted shares @ $0.00; 9,000 stock options @ $0.00 (transaction code A = award/grant).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F1 = restricted shares vest equally over two years (50% 4/2/2027, 50% 4/3/2028). F2 = 9,000 options vest on the same schedule.
• Filing timeliness: Form filed April 6 for an April 2 grant (filing date shown; no additional timeliness flag provided).

Context These entries are compensation grants meant to retain and incentivize the executive — they are not exercises or sales and do not generate immediate cash for the insider. The options are grants (derivative awards) and, unless exercised later, do not change share count or create proceeds now. As with most grants, they should be viewed as routine executive compensation rather than a direct market signal.