STOCK TITAN

Contango Silver & Gold (CTGO) president details share and option stakes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Contango Silver & Gold Inc. director and president Shawn Khunkhun reported his initial holdings, including 69,739 shares of common stock, on a Form 3 as of April 2, 2026.

He also reported several direct stock option positions on common stock: options over 20,650 shares at $12.46 expiring April 10, 2026; 20,650 shares at $13.86 expiring February 25, 2027; 22,798 shares at $14.74 expiring March 28, 2029; 16,768 shares at $17.54 expiring February 28, 2030; and 36,000 shares at $18.55 expiring April 2, 2031.

Footnotes state that some options were originally issued to Dolly Varden Silver Corporation and assumed in Contango’s acquisition, and that the 36,000 options granted on April 2, 2026 vest over two years.

Positive

  • None.

Negative

  • None.
Insider Khunkhun Shawn
Role President and 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 Stock Option (right to buy) -- -- --
holding Common Stock, par value $0.01 -- -- --
Holdings After Transaction: Stock Option (right to buy) — 20,650 shares (Direct); Common Stock, par value $0.01 — 69,739 shares (Direct)
Footnotes (1)
  1. 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. On April 2, 2026, the reporting person was granted 36,000 stock options that vest over two years with half vesting on April 2, 2027 and the remaining half vesting on April 3, 2028.
Common shares held 69,739 shares Direct common stock holdings as of April 2, 2026
Option strike price $12.46 per share Stock option on 20,650 underlying common shares expiring April 10, 2026
Option strike price $13.86 per share Stock option on 20,650 underlying common shares expiring February 25, 2027
Option strike price $14.74 per share Stock option on 22,798 underlying common shares expiring March 28, 2029
Option strike price $17.54 per share Stock option on 16,768 underlying common shares expiring February 28, 2030
Option strike price $18.55 per share Stock option on 36,000 underlying common shares expiring April 2, 2031; vests over two years
Stock Option (right to buy) financial
"security_title: Stock Option (right to buy)"
underlying security title financial
"underlying_security_title: Common Stock"
par value $0.01 financial
"security_title: Common Stock, par value $0.01"
fully vested financial
"The stock options are fully vested."
vest over two years financial
"granted 36,000 stock options that vest over two years"
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Khunkhun Shawn

(Last)(First)(Middle)
516 2ND AVENUE
SUITE 401

(Street)
FAIRBANKS ALASKA 99701

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/02/2026
3. Issuer Name and Ticker or Trading Symbol
Contango Silver & Gold Inc. [ CTGO ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
President and Director
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock, par value $0.0169,739D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) (1)04/10/2026Common Stock20,650$12.46D
Stock Option (right to buy) (1)02/25/2027Common Stock20,650$13.86D
Stock Option (right to buy) (1)03/28/2029Common Stock22,798$14.74D
Stock Option (right to buy) (1)02/28/2030Common Stock16,768$17.54D
Stock Option (right to buy) (2)04/02/2031Common Stock36,000$18.55D
Explanation of Responses:
1. 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.
2. On April 2, 2026, the reporting person was granted 36,000 stock options that vest over two years with half vesting on April 2, 2027 and the remaining half vesting on April 3, 2028.
Remarks:
Exhibit List: 24.1 - Power of Attorney
/s/ Mike Clark as Attorney in fact for Shawn Khunkhun04/06/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What did Contango Silver & Gold (CTGO) disclose about Shawn Khunkhun’s common share holdings?

Shawn Khunkhun reported direct ownership of 69,739 shares of Contango Silver & Gold common stock. This figure appears in the Form 3 as his total common share position following the reported holdings as of April 2, 2026.

What stock option positions did Shawn Khunkhun report in Contango Silver & Gold’s Form 3?

He reported multiple stock options on common stock, including 20,650 shares at $12.46, 20,650 at $13.86, 22,798 at $14.74, 16,768 at $17.54, and 36,000 at $18.55, each with specified expiration dates.

How many Contango Silver & Gold options does Shawn Khunkhun hold at a $18.55 exercise price?

Shawn Khunkhun holds stock options over 36,000 underlying common shares with an exercise price of $18.55 per share, expiring on April 2, 2031. A footnote explains these options were granted on April 2, 2026 and vest over two years.

What does the Dolly Varden note in the Contango Silver & Gold (CTGO) Form 3 mean?

A footnote explains certain stock options were originally issued to Dolly Varden Silver Corporation and later assumed by Contango Silver & Gold as replacement options in connection with Contango’s acquisition of Dolly Varden. These assumed options are stated to be fully vested.

How do the vesting terms work for Shawn Khunkhun’s 36,000 Contango Silver & Gold options?

The Form 3 notes that 36,000 stock options were granted on April 2, 2026 and vest over two years. Half of these options vest on April 2, 2027, and the remaining half vest on April 3, 2028, according to the footnote.

Does the Contango Silver & Gold Form 3 show any recent buys or sells by Shawn Khunkhun?

The Form 3 presents holdings information rather than explicit purchases or sales. All listed entries are categorized as holdings with unknown transaction codes, and the summary shows no buy or sell share counts for the reported date.