Director Kevin Puil receives 17,362 RSUs at Dakota Gold Corp. (DC)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dakota Gold Corp. director Kevin Puil received an award of 17,362 restricted stock units, or RSUs, of common stock. The grant was made at no cash cost to him as part of the company’s 2022 Stock Incentive Plan. These RSUs are scheduled to vest on June 1, 2027, and will then convert into an equal number of common shares, increasing his directly held stock position if he remains eligible through the vesting date. After this award, his reported direct holdings total 160,399 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Puil Kevin
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 17,362 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 160,399 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 17,362 units
Grant price per share: $0.0000 per share
Shares held after grant: 160,399 shares
+1 more
4 metrics
RSUs granted
17,362 units
Restricted stock units awarded to director on June 1, 2026
Grant price per share
$0.0000 per share
Stated transaction price for RSU grant
Shares held after grant
160,399 shares
Total direct common stock holding following RSU award
RSU vesting date
June 1, 2027
Scheduled vesting date for granted restricted stock units
Key Terms
restricted stock units, RSUs, 2022 Stock Incentive Plan, contingent right
4 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") granted under the Issuer's 2022 Stock Incentive Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2022 Stock Incentive Plan financial
"RSUs granted under the Issuer's 2022 Stock Incentive Plan."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
FAQ
What insider transaction did Dakota Gold Corp. (DC) report for Kevin Puil?
Dakota Gold reported that director Kevin Puil received 17,362 restricted stock units as a compensation award. These RSUs were granted at no cash cost and will convert into common shares if they vest, adding to his existing direct holdings of 160,399 shares.
What are the vesting terms of Kevin Puil’s RSU grant at Dakota Gold (DC)?
The RSUs granted to Kevin Puil are scheduled to vest on June 1, 2027. Each restricted stock unit represents a contingent right to receive one share of Dakota Gold common stock upon vesting, assuming continued eligibility under the 2022 Stock Incentive Plan.
Was Kevin Puil’s Dakota Gold (DC) RSU award a market purchase or sale?
The RSU award to Kevin Puil was not a market purchase or sale. It is a compensation-related grant recorded with a transaction code “A,” meaning a grant, award, or other acquisition, at a stated price of $0.0000 per share under the 2022 Stock Incentive Plan.
What does each RSU in Kevin Puil’s Dakota Gold (DC) grant represent?
Each restricted stock unit in this grant represents a contingent right to receive one share of Dakota Gold common stock. The units have no voting or dividend rights until vesting and settlement, which is scheduled to occur on June 1, 2027, under the stock incentive plan.