Lion Copper & Gold (LCGMF) CFO Maria Paredes Receives 2.5M Option Grant

What Happened Maria Milagros Paredes, Chief Financial Officer of Lion Copper & Gold Corp. (LCGMF), was granted 2,500,000 derivative awards (recorded on the Form 4 as a grant/acquisition at $0) on August 12, 2026. The filing shows no cash paid (reported value $0); these awards are option-style grants with vesting conditions. This is an equity compensation award to an insider, not a market purchase or sale.

Key Details

• Transaction date: 2026-08-12; Form 4 filed: 2026-08-26 (filed 14 days after the transaction).
• Reported consideration: $0.00 on the Form 4 (derivative grant).
• Vesting per footnote: 1,000,000 options vested immediately on 08/12/2026; 750,000 options vest upon uplisting to NASDAQ/NYSE or Nuton LLC final investment decision (whichever is earlier); remaining 750,000 options vest on achievement of either (i) a market capitalization ≥ US$200,000,000 for 30 consecutive trading days or (ii) a liquidity event or consideration on closing with fair market value ≥ US$200,000,000.
• Shares/securities owned after the transaction: not disclosed in the filing.
• Timeliness: filing appears late (Form 4s are generally due within 2 business days); delayed disclosure can be a compliance concern.

Context This was a standard equity-compensation grant (derivative/options) to an executive—such grants are common and do not represent an out-of-pocket purchase by the insider. The immediate vesting of 1,000,000 options gives the CFO a current stake in the company’s upside; the remaining 1,500,000 are tied to corporate milestones (uplisting, investment decision, or a $200M+ market-cap/liquidity trigger), meaning they only convert to vested rights if those events occur.