Dakota Gold (DC) director receives 17,362 RSUs in stock incentive grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dakota Gold Corp. director Jennifer S. Grafton received an equity award of 17,362 restricted stock units on June 1, 2026. The award was granted under the company’s 2022 Stock Incentive Plan at no cash cost to her, as shown by the $0.0000 per-share value.
Each RSU represents the right to receive one share of Dakota Gold common stock. The RSUs are scheduled to vest on June 1, 2027, meaning they convert into shares if she remains eligible on that date. After this grant, her direct holdings reported in this filing total 130,900 shares, including this new award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Grafton Jennifer S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 17,362 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 130,900 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 17,362 units
Grant price: $0.0000 per unit
Holdings after grant: 130,900 shares
+1 more
4 metrics
RSUs granted
17,362 units
Restricted stock units awarded June 1, 2026
Grant price
$0.0000 per unit
Equity award under 2022 Stock Incentive Plan
Holdings after grant
130,900 shares
Total direct holdings following RSU award
Vesting date
June 1, 2027
Scheduled vesting for the 17,362 RSUs
Key Terms
restricted stock units ("RSUs"), 2022 Stock Incentive Plan, vest
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted under the Issuer's 2022 Stock Incentive Plan."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
2022 Stock Incentive Plan financial
"RSUs granted under the Issuer's 2022 Stock Incentive Plan."
vest financial
"The RSUs are scheduled to vest on June 1, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did Dakota Gold (DC) director Jennifer S. Grafton report in this Form 4?
Jennifer S. Grafton reported receiving an equity grant of 17,362 restricted stock units. These RSUs were awarded at no cash cost and are tied to future vesting. The filing shows her updated direct holdings after the grant at 130,900 shares of common stock.
How many restricted stock units were granted to the Dakota Gold (DC) director?
She was granted 17,362 restricted stock units of Dakota Gold common stock. Each RSU represents a contingent right to receive one share upon vesting. This non-cash award increases her equity-based stake as part of the company’s 2022 Stock Incentive Plan.
When do Jennifer S. Grafton’s Dakota Gold (DC) RSUs vest?
The restricted stock units are scheduled to vest on June 1, 2027. Vesting means the RSUs convert into shares of common stock if the conditions are met. Until that date, they remain a contingent right rather than freely tradable shares.
What are Jennifer S. Grafton’s total reported holdings after this Dakota Gold (DC) grant?
After the RSU grant, her direct holdings reported in the filing total 130,900 shares. This figure includes the 17,362 newly awarded restricted stock units, each tied to a future share of common stock if the vesting requirement is satisfied.
Was cash paid for the restricted stock units granted at Dakota Gold (DC)?
No cash was paid for the RSUs, which were granted at a reported price of $0.0000 per unit. This indicates they are a compensation award under the 2022 Stock Incentive Plan, not an open-market stock purchase transaction by the director.