Contango Silver director reports stock and options
Contango Silver & Gold Inc. director Darren Paul Devine has filed an initial ownership report showing his equity position.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
Contango Silver & Gold Inc. director Darren Paul Devine has filed an initial ownership report showing his equity position. He reports direct ownership of 39,146 shares of Common Stock, plus four fully vested stock option positions assumed as replacement options in the company’s acquisition of Dolly Varden Silver Corporation.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
Devine Darren Paul
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Stock Option (right to buy) | -- | -- | -- |
| holding | Common Stock, par value $0.01 | -- | -- | -- |
Holdings After Transaction:
Stock Option (right to buy) — 37,294 contracts (Direct);
Common Stock, par value $0.01 — 39,146 shares (Direct)
Footnotes (1)
- F1. These stock options were issued to Dolly Varden Silver Corporation ("Dolly Varden") and assumed by the issuer as replacement options in connection with the issuer's acquisition of Dolly Varden. The stock options are fully vested.
Key Figures
Direct Common Stock holdings: 39,146 shares
Option strike price 1: $12.4600 per share
Option strike price 2: $13.8600 per share
+3 more
6 metrics
Direct Common Stock holdings
39,146 shares
Reported direct ownership in Form 3
Option strike price 1
$12.4600 per share
Stock Option (right to buy) expiring April 10, 2026
Option strike price 2
$13.8600 per share
Stock Option (right to buy) expiring February 25, 2027
Option strike price 3
$14.7400 per share
Stock Option (right to buy) expiring March 28, 2029
Option strike price 4
$17.5400 per share
Stock Option (right to buy) expiring February 28, 2030
Underlying shares across options
37,294 shares
Total Common Stock underlying four option positions
Key Terms
Stock Option (right to buy), Common Stock, fully vested, replacement options, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
Common Stock financial
"underlying_security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
fully vested financial
"The stock options are fully vested."
replacement options financial
"assumed by the issuer as replacement options in connection"
acquisition financial
"in connection with the issuer's acquisition of Dolly Varden."
An acquisition is when one company buys control of another by purchasing its shares or assets and brings that business into its own operations. For investors, acquisitions matter because they can reshape a company’s future cash flow, growth and risk profile—like a homeowner adding an extension to increase space and value; a well-priced, well-integrated deal can boost returns, while an expensive or poorly merged one can hurt earnings and raise debt.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does CTGO director Darren Devine report owning in this Form 3?
Darren Paul Devine reports direct ownership of 39,146 shares of Common Stock in Contango Silver & Gold Inc. He also lists multiple fully vested stock options that can be exercised for additional Common Stock, reflecting his total reported equity stake.
What stock options are reported by Darren Devine in CTGO Form 3?
He reports four Stock Option (right to buy) positions over Common Stock with exercise prices of $12.4600, $13.8600, $14.7400, and $17.5400. Each option relates to thousands of underlying shares and is described as fully vested.
When do Darren Devine’s reported CTGO stock options expire?
The reported options have expiration dates on April 10, 2026, February 25, 2027, March 28, 2029, and February 28, 2030. These dates indicate how long Devine retains the contractual right to buy Common Stock at the stated exercise prices.
What does the Dolly Varden footnote mean in CTGO’s Form 3?
The footnote explains the stock options were issued to Dolly Varden Silver Corporation and later assumed as replacement options in Contango Silver & Gold Inc.’s acquisition of Dolly Varden. The filing states these replacement stock options are fully vested.
Does CTGO’s Form 3 show any recent insider buying or selling by Darren Devine?
No explicit purchases or sales are shown. The entries are classified as holdings with unknown transaction codes, indicating this Form 3 mainly establishes Devine’s existing Common Stock and option positions rather than reporting new market trades.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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