CTGO (CTGO) CFO granted 27,500 options and 16,200 restricted shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Contango Silver & Gold Inc. CFO & Secretary Michael Aaron Clark reported equity compensation grants. On April 2, 2026, he received 27,500 stock options to buy Common Stock at an exercise price of $18.55 per share, all held directly.
He was also granted 16,200 shares of restricted stock, increasing his direct Common Stock holdings to 55,998 shares after the award. Both the options and restricted stock vest equally over two years, with half vesting on April 2, 2027 and the remaining half on April 3, 2028. These are compensation-related acquisitions, not open‑market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Clark Michael Aaron
Role
CFO & Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 27,500 | $0.00 | -- |
| Grant/Award | Common Stock, par value $0.01 | 16,200 | $0.00 | -- |
Holdings After Transaction:
Stock Option (right to buy) — 27,500 shares (Direct);
Common Stock, par value $0.01 — 55,998 shares (Direct)
Footnotes (1)
- On April 2, 2026, the reporting person was granted 16,200 shares of restricted stock, which vest equally over two years with half vesting on April 2, 2027 and the remaining half vesting on April 3, 2028. On April 2, 2026, the reporting person was granted 27,500 stock options that over two years with half vesting on April 2, 2027 and the remaining half vesting on April 3, 2028.
Key Figures
Stock options granted: 27,500 options
Option exercise price: $18.55 per share
Restricted stock granted: 16,200 shares
+3 more
6 metrics
Stock options granted
27,500 options
Grant on April 2, 2026 to CFO
Option exercise price
$18.55 per share
Exercise price for 27,500 options
Restricted stock granted
16,200 shares
Restricted stock award on April 2, 2026
Shares owned after grant
55,998 shares
Direct Common Stock holdings after restricted stock award
First vesting date
April 2, 2027
Half of options and restricted stock vest
Final vesting date
April 3, 2028
Remaining half of options and restricted stock vest
Key Terms
restricted stock, stock options, vest equally over two years, exercise price
4 terms
restricted stock financial
"the reporting person was granted 16,200 shares of restricted stock, which vest equally over two years"
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.
stock options financial
"the reporting person was granted 27,500 stock options that over two years with half vesting"
Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.
vest equally over two years financial
"shares of restricted stock, which vest equally over two years with half vesting on April 2, 2027"
exercise price financial
"conversion_or_exercise_price": "18.5500""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
What did CTGO CFO Michael Aaron Clark report in this Form 4 filing?
He reported compensation-related equity grants, not market trades. On April 2, 2026, he received 27,500 stock options and 16,200 restricted shares, both vesting over two years, increasing his direct equity exposure to Contango Silver & Gold Inc.
How many Contango Silver & Gold (CTGO) stock options were granted to the CFO?
He was granted 27,500 stock options on April 2, 2026. Each option allows him to buy one share of Common Stock at an exercise price of $18.55, subject to vesting conditions over a two-year schedule ending April 3, 2028.
What restricted stock did the CTGO CFO receive and how does it vest?
He received 16,200 shares of restricted stock as of April 2, 2026. The award vests in two equal installments, with half vesting on April 2, 2027 and the remaining half vesting on April 3, 2028, aligning compensation with multi‑year company performance.