Contango Silver & Gold (CTGO) director awarded 10,800 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nauman Clynton R. reported acquisition or exercise transactions in this Form 4 filing.
Contango Silver & Gold Inc. director Clynton R. Nauman received a stock grant. On April 2, 2026 he was awarded 10,800 shares of restricted common stock at no cash cost as compensation. These shares vest on April 2, 2029. After this grant, he directly holds 35,350 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Nauman Clynton R.
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 — 35,350 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 10,800 shares
Grant price: $0.00 per share
Holdings after grant: 35,350 shares
+1 more
4 metrics
Restricted stock grant
10,800 shares
Grant of restricted common stock on April 2, 2026
Grant price
$0.00 per share
Compensation grant, not open-market purchase
Holdings after grant
35,350 shares
Total common shares directly held after transaction
Vesting date
April 2, 2029
Restricted stock vesting date per footnote
Key Terms
restricted stock, Form 4, grant, award, or other acquisition
3 terms
restricted stock financial
"the reporting person was granted 10,800 shares of restricted stock, which vest on April 2, 2029"
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.
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 Clynton R. Nauman report?
Clynton R. Nauman reported receiving a grant of 10,800 shares of Contango Silver & Gold Inc. common stock. The award was recorded at $0.00 per share, reflecting a compensation grant rather than an open-market purchase.
Was the CTGO Form 4 transaction a market purchase or a compensation award?
The Form 4 shows a grant/award acquisition, not a market purchase. Nauman received 10,800 restricted shares at $0.00 per share, indicating equity compensation provided by Contango Silver & Gold Inc., rather than shares bought on the open market.
Does this CTGO Form 4 involve any derivative securities or option exercises?
The disclosed Form 4 does not show derivative transactions. It reports a single non-derivative grant of 10,800 restricted common shares. The derivativeSummary is empty, indicating no options or other derivatives were exercised or adjusted in this filing.