CTGO CFO receives stock option and share grants

Contango Silver & Gold Inc. CFO & Secretary Michael Aaron Clark reported equity compensation grants.

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.

Insider Trade Summary

Grant/Award: 43,700 shares

Grant/Award 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	$0.00
Grant/Award	Common Stock, par value $0.01	16,200	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 27,500 contracts (Direct); Common Stock, par value $0.01 — 55,998 shares (Direct)

Footnotes (2)

1. F1. 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.
2. F2. 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

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

Did the CTGO CFO buy or sell any shares on the open market in this Form 4?

No open‑market buys or sells were reported. The Form 4 only shows grants/awards of stock options and restricted shares at zero price per share, reflecting compensation rather than discretionary trading activity in Contango Silver & Gold Inc. stock.

What are the CTGO CFO’s direct share holdings after these equity awards?

Following the April 2, 2026 restricted stock grant, he directly owns 55,998 shares of Common Stock. This figure reflects his position after receiving 16,200 restricted shares, underscoring a meaningful ongoing equity stake tied to future company performance.

When do the CTGO CFO’s new stock options and restricted shares fully vest?

Both the stock options and restricted shares vest over two years. Half of each award vests on April 2, 2027, and the remaining half vests on April 3, 2028, spreading the potential benefit over a defined multi‑year period.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/06/2026 - 05:00 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Clark Michael Aaron

(Last) (First) (Middle)

516 2ND AVENUE, SUITE 401

(Street)

FAIRBANKS ALASKA 99701

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Contango Silver & Gold Inc. [ CTGO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CFO & Secretary

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01	04/02/2026(1)		A		16,200(1)	A	$0.00(1)	55,998	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Option (right to buy)	$18.55	04/02/2026		A		27,500		(2)	04/02/2026	Common Stock	27,500	$0.00	27,500	D

Explanation of Responses:

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.

2. 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.

	/s/ Michael Clark	04/06/2026
	** Signature of Reporting Person	Date
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 4 (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 4: SEC 1474 (03-26)