Dakota Gold director exercises options and sells shares

Rhea-AI Filing Summary

Dakota Gold Corp. director Jennifer S. Grafton exercised stock options for 100,000 shares of common stock at an exercise price of $5.09 per share and on the same date sold 100,000 common shares at a weighted average price of $6.1169 per share, in multiple transactions within the stated price range.

Insider Trade Summary

Exercise and Sale: 100,000 shares ($103K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider Grafton Jennifer S

Role Director

Sold 100,000 shs ($612K)

Approx. gross sale proceeds $612K

Approx. exercise cost $509K

Approx. pre-tax spread $103K

Type	Security	Shares	Price	Value
Exercise	STOCK OPTIONS F2	100,000	$0.00	$0.00
Exercise	COMMON STOCK	100,000	$5.09	$509K
Sale	COMMON STOCK F1	100,000	$6.1169	$612K

Holdings After Transaction: STOCK OPTIONS — 0 contracts (Direct); COMMON STOCK — 130,900 shares (Direct)

Footnotes (2)

1. F1. Represents shares of common stock sold at a weighted average sale price of $6.1169 per share. These shares were sold in multiple transactions at prices ranging from $6.145 to $6.155. 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 shares of common stock sold at each separate price.
2. F2. The options vested in one-third tranches on September 13, 2021, September 13, 2022, and September 13, 2023.

Key Figures

Options exercised: 100,000 shares Exercise price: $5.09 per share Shares sold: 100,000 shares +4 more

7 metrics

Options exercised 100,000 shares Stock options exercised into common stock on 2026-08-10

Exercise price $5.09 per share Conversion or exercise price of stock options

Shares sold 100,000 shares Common stock sold on 2026-08-10

Weighted average sale price $6.1169 per share Average price for 100,000 shares sold in multiple transactions

Sale price range $6.145 to $6.155 per share Price range for individual sale transactions referenced in footnote

Options remaining after exercise 0 options Total stock options under this grant following the exercise

Option expiration date 2026-09-13 Expiration date of the exercised stock options

Key Terms

weighted average sale price, derivative security, tranches

3 terms

weighted average sale price financial

"Represents shares of common stock sold at a weighted average sale price of $6.1169"

derivative security financial

"transaction_code_description" : "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

tranches financial

"The options vested in one-third tranches on September 13, 2021"

Tranches are portions or slices of a larger financing deal—such as a loan, bond issue, or equity round—that are released at different times or under different conditions. For investors they matter because each tranche can carry different risk, interest or payout terms and may be paid only if certain targets are met; think of funding as slices of a cake handed out as progress is made.

FAQ

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

What did Dakota Gold Corp. (DC) director Jennifer Grafton report in this Form 4?

Jennifer S. Grafton reported exercising stock options for 100,000 shares of Dakota Gold Corp. common stock and selling 100,000 common shares on the same date in market transactions.

How many Dakota Gold Corp. (DC) options did Jennifer Grafton exercise?

She exercised 100,000 stock options, each convertible into one share of common stock, at an exercise price of $5.09 per share, with the options fully vested by September 13, 2023.

At what prices did Jennifer Grafton sell Dakota Gold Corp. (DC) shares?

She sold 100,000 common shares at a weighted average price of $6.1169 per share, in multiple transactions at prices ranging from $6.145 to $6.155 per share, as disclosed in the footnote.

What happened to Jennifer Grafton’s Dakota Gold Corp. (DC) stock options after the transaction?

Following the reported exercise, the Form 4 shows 0 stock options remaining under that specific grant, which originally vested in three one-third tranches on September 13 of 2021, 2022, and 2023.

Was Jennifer Grafton’s Dakota Gold Corp. (DC) trade under a Rule 10b5-1 plan?

The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote states that the transactions were executed pursuant to a Rule 10b5-1 plan.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/12/2026 - 04:01 PM Accepted by SEC EDGAR 08/12/2026 - 04:01 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^*

Grafton Jennifer S

(Last) (First) (Middle)

C/O DAKOTA GOLD CORP.

106 GLENDALE DRIVE, SUITE 1

(Street)

LEAD SOUTH DAKOTA 57754

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/10/2026

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

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

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

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	08/10/2026		M		100,000	A	$5.09	230,900	D
COMMON STOCK(1)	08/10/2026		S		100,000	D	$6.1169	130,900	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	08/10/2026		M		100,000		09/13/2021(2)	09/13/2026	COMMON STOCK	100,000	$0	0	D

Explanation of Responses:

1. Represents shares of common stock sold at a weighted average sale price of $6.1169 per share. These shares were sold in multiple transactions at prices ranging from $6.145 to $6.155. 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 shares of common stock sold at each separate price.

2. The options vested in one-third tranches on September 13, 2021, September 13, 2022, and September 13, 2023.

	/S/ SHAWN CAMPBELL, BY POWER OF ATTORNEY	08/12/2026
	** 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.
* Form 4: SEC 1474 (03-26)