Dakota Gold (DC) COO disposes 12,100 shares to cover RSU tax withholding
Rhea-AI Filing Summary
Dakota Gold Corp. President and COO John William Henris reported a disposition of 12,100 shares of common stock at a weighted average price of $5.9615 per share. These shares were sold solely to cover tax withholding obligations arising from the settlement of 50,000 vested restricted stock units into common shares on June 1, 2026. After this tax-related sale, Henris directly holds 201,019 shares of Dakota Gold common stock, so the transaction represents a relatively small portion of his overall position and reflects a routine compensation-related event rather than an open-market trade based on stock outlook.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | COMMON STOCK | 12,100 | $5.9615 | $72K |
Footnotes (1)
- F1. Represents shares of common stock sold by the Reporting Person on June 1, 2026 solely for the purpose of satisfying tax withholding obligations in connection with the conversion of an aggregate of 50,000 restricted stock units, which vested on June 1, 2026, into shares of common stock upon settlement by the Issuer. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $5.96 to $5,965. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
Key Figures
Key Terms
restricted stock units financial
tax withholding obligations financial
weighted average sale price financial
Form 4 regulatory
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FAQ
What insider transaction did Dakota Gold (DC) report for John William Henris?
John William Henris reported a tax-related disposition of 12,100 Dakota Gold common shares. The shares were sold to satisfy withholding obligations from 50,000 restricted stock units that vested and converted into common stock on June 1, 2026, as part of his compensation.
Was the Dakota Gold (DC) insider transaction an open-market sale?
No, the 12,100 shares were sold solely to cover tax withholding obligations. The sale was linked to the settlement of 50,000 vested restricted stock units, making it a routine compensation-related transaction rather than a discretionary open-market trade based on stock price views.