Contango VP granted options and restricted stock
Larimer David Gregory reported acquisition or exercise transactions in this Form 4 filing.
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Form Type
4
Rhea-AI Filing Summary
Larimer David Gregory reported acquisition or exercise transactions in this Form 4 filing.
Contango Silver & Gold Inc. VP Exploration David Gregory Larimer received new equity awards. On April 2, 2026, he was granted 9,000 stock options to buy common stock at $18.55 per share, expiring April 2, 2031, vesting in two equal installments in 2027 and 2028.
He was also granted 5,300 shares of restricted stock that vest equally over two years on April 2, 2027 and April 3, 2028. Following the restricted stock grant, his direct common stock holdings increased to 18,093 shares.
Insider Trade Summary
Grant/Award: 14,300 shares
Grant/Award
2 txns
Insider
Larimer David Gregory
Role
VP Exploration
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 9,000 | $0.00 | $0.00 |
| Grant/Award | Common Stock, par value $0.01 | 5,300 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 9,000 contracts (Direct);
Common Stock, par value $0.01 — 18,093 shares (Direct)
Footnotes (2)
- F1. On April 2, 2026, the reporting person was granted 5,300 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.
- F2. On April 2, 2026, the reporting person was granted 9,000 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: 9,000 options
Option exercise price: $18.55 per share
Option expiration: April 2, 2031
+2 more
5 metrics
Stock options granted
9,000 options
Grant on April 2, 2026
Option exercise price
$18.55 per share
Stock option exercise price
Option expiration
April 2, 2031
Expiration date of 9,000 options
Restricted stock granted
5,300 shares
Restricted stock grant on April 2, 2026
Common shares after grant
18,093 shares
Direct common stock holdings following grant
Key Terms
restricted stock, stock options, vesting, expiration date
4 terms
restricted stock financial
"the reporting person was granted 5,300 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 9,000 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.
vesting financial
"shares of restricted stock, which vest equally over two years with half vesting on April 2, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
expiration date financial
""expiration_date": "2031-04-02T00:00:00.000Z""
The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did CTGO VP Exploration David Larimer report?
David Larimer reported equity grants, not open-market trades. He received 9,000 stock options at an $18.55 exercise price and 5,300 restricted shares. These awards increase his equity stake as part of compensation, rather than reflecting discretionary buying or selling in the market.
How many stock options did CTGO grant to VP David Larimer and at what price?
He was granted 9,000 stock options to buy Contango Silver & Gold common stock at $18.55 per share. The options were awarded on April 2, 2026 and expire on April 2, 2031, providing long-term incentive tied directly to the company’s future share price.
What restricted stock did CTGO grant to VP David Larimer and how does it vest?
Contango Silver & Gold granted David Larimer 5,300 shares of restricted stock on April 2, 2026. These shares vest equally over two years, with half vesting on April 2, 2027 and the remaining half vesting on April 3, 2028, encouraging continued service and retention.
What are David Larimer’s CTGO common stock holdings after these grants?
After the April 2, 2026 restricted stock grant, David Larimer directly holds 18,093 shares of Contango Silver & Gold common stock. This figure reflects his updated equity ownership position reported in the filing and shows increased direct alignment with shareholders through stock-based compensation.
When do David Larimer’s new CTGO stock options expire and how do they vest?
The 9,000 newly granted stock options expire on April 2, 2031. According to the footnote, they vest over two years, with half vesting on April 2, 2027 and the remaining half on April 3, 2028, aligning incentives over a multi-year period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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