Dakota Gold SVP exercises 100K options, nets shares

Dakota Gold Corp. insider activity: On January 20, 2026, SVP, Chief Legal Officer and Corporate Secretary Amy Koenig exercised stock options for 100,000 shares of common stock at $5.09 per share and received the underlying shares.

Rhea-AI Filing Summary

Dakota Gold Corp. insider activity: On January 20, 2026, SVP, Chief Legal Officer and Corporate Secretary Amy Koenig exercised stock options for 100,000 shares of common stock at $5.09 per share and received the underlying shares.

To cover the option exercise cost and tax withholding, 85,952 shares of common stock were withheld by the company at a price of $6.36 per share, as described in the footnote. After these transactions, Koenig directly owned 243,094 shares of Dakota Gold common stock, and no stock options remained beneficially owned from this grant.

Insider Trade Summary

100,000 shares exercised/converted

Exercise 3 txns

Insider Koenig Amy

Role SVP, CLO, and Corp. Sec'y

Type	Security	Shares	Price	Value
Exercise	Stock Options	100,000	$0.00	$0.00
Exercise	Common Stock	100,000	$5.09	$509K
Exercise Price or Tax Liability	Common Stock	85,952	$6.36	$547K

Holdings After Transaction: Stock Options — 0 contracts (Direct); Common Stock — 243,094 shares (Direct)

Footnotes (1)

1. F1. (1) Represents shares of common stock withheld by the Issuer solely for the purposes of (i) paying the exercise price of the stock options and (ii) satisfying tax withholding obligations in connection with the conversion of the stock options into shares of common stock upon settlement by the Issuer, each based on a closing price of $6.36 per share of the common stock on January 20, 2026 on the NYSE American.

FAQ

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

What insider transaction did Dakota Gold (DC) report for Amy Koenig?

The filing shows that Amy Koenig, SVP, Chief Legal Officer and Corporate Secretary of Dakota Gold Corp., exercised stock options for 100,000 shares of common stock on January 20, 2026.

At what price were the Dakota Gold (DC) stock options exercised?

The reported stock options were exercised at an exercise price of $5.09 per share for 100,000 shares of Dakota Gold common stock.

How many Dakota Gold (DC) shares were withheld for taxes and exercise costs?

The filing states that 85,952 shares of common stock were withheld by Dakota Gold solely to pay the option exercise price and satisfy tax withholding obligations, based on a $6.36 per share closing price on January 20, 2026.

How many Dakota Gold (DC) shares does Amy Koenig own after the transaction?

After the reported transactions, Amy Koenig directly owned 243,094 shares of Dakota Gold Corp. common stock.

What happened to the 100,000 Dakota Gold (DC) stock options reported in Table II?

The 100,000 stock options with a $5.09 exercise price were exercised on January 20, 2026, converting into common stock, and the number of these derivative securities beneficially owned afterward was reported as 0.

What role does Amy Koenig hold at Dakota Gold (DC)?

According to the filing, Amy Koenig serves as SVP, Chief Legal Officer, and Corporate Secretary of Dakota Gold Corp.

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

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Accepted by SEC EDGAR 01/23/2026 - 05:23 PM 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^*

Koenig Amy

(Last) (First) (Middle)

7001 MT. RUSHMORE ROAD

(Street)

RAPID CITY SD 57702

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Dakota Gold Corp. [ DC ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CLO, and Corp. Sec'y

3. Date of Earliest Transaction (Month/Day/Year)
01/20/2026

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

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

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

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	01/20/2026		M		100,000	A	$5.09	329,046	D
Common Stock	01/20/2026		F		85,952(1)	D	$6.36	243,094	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 Options	$5.09	01/20/2026		M			100,000	09/13/2021	09/13/2026	COMMON STOCK	100,000	$0	0	D

Explanation of Responses:

1. (1) Represents shares of common stock withheld by the Issuer solely for the purposes of (i) paying the exercise price of the stock options and (ii) satisfying tax withholding obligations in connection with the conversion of the stock options into shares of common stock upon settlement by the Issuer, each based on a closing price of $6.36 per share of the common stock on January 20, 2026 on the NYSE American.

	/s/ Amy Koenig	01/23/2026
	** 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.