Contango Silver & Gold (CTGO) director awarded 10,800 restricted shares vesting 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Cinnamond Michael Andrew reported acquisition or exercise transactions in this Form 4 filing.
Contango Silver & Gold Inc. director Michael Andrew Cinnamond received a grant of 10,800 shares of restricted common stock on April 2, 2026. These shares carry a vesting date of April 2, 2029, meaning they are earned over time. Following this equity award, he directly holds 26,494 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Cinnamond Michael Andrew
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 | 10,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 — 26,494 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 10,800 shares
Vesting date: April 2, 2029
Holdings after transaction: 26,494 shares
+1 more
4 metrics
Restricted stock grant
10,800 shares
Equity award to director on April 2, 2026
Vesting date
April 2, 2029
Restricted stock vesting schedule
Holdings after transaction
26,494 shares
Director’s direct ownership following grant
Reported grant price
$0.0000 per share
Compensation award, not open-market purchase
Key Terms
restricted stock, vesting date, Form 4, Grant, award, or other acquisition
4 terms
restricted stock financial
"the reporting person was granted 10,800 shares of restricted stock with a vesting date"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
vesting date financial
"restricted stock with a vesting date of April 2, 2029"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition"
FAQ
What insider transaction did CTGO director Michael Andrew Cinnamond report?
Director Michael Andrew Cinnamond reported receiving a grant of 10,800 shares of restricted common stock. The award is compensation-related, recorded at a price of $0.0000 per share, and increases his directly held position to 26,494 Contango Silver & Gold Inc. shares.
Was the CTGO insider grant to Cinnamond an open-market purchase or a compensation award?
The transaction is classified as a grant, award, or other acquisition under code A, not an open-market purchase. The Form 4 shows a price of $0.0000 per share, indicating it is part of equity-based compensation rather than a cash-funded stock buy.
What type of security was granted to CTGO director Cinnamond in this Form 4?
The filing reports 10,800 shares of Common Stock, par value $0.01, in the form of restricted stock. These shares are subject to vesting, with a stated vesting date of April 2, 2029, tying the award to long-term service or performance.