Director at Dakota Gold (DC) granted 21,703 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Dakota Gold Corp. director Stephen T. O'Rourke received an equity grant in the form of restricted stock units. On June 1, 2026 he was awarded 21,703 shares of common stock at no cash cost, classified as a grant or award acquisition.
The award consists of restricted stock units granted under Dakota Gold’s 2022 Stock Incentive Plan, with each RSU representing a contingent right to one share of common stock. These RSUs are scheduled to vest on June 1, 2027. After this grant, O'Rourke holds 984,038 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Rourke Stephen T.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 21,703 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 984,038 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 21,703 units
Grant price: $0.00 per share
Post-transaction holdings: 984,038 shares
+1 more
4 metrics
RSUs granted
21,703 units
Restricted stock units awarded June 1, 2026
Grant price
$0.00 per share
Reported transaction price per share
Post-transaction holdings
984,038 shares
Total common shares held directly after grant
RSU vesting date
June 1, 2027
Scheduled vesting for awarded RSUs
Key Terms
restricted stock units ("RSUs"), 2022 Stock Incentive Plan, contingent right, vest
4 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."
contingent right financial
"Each RSU represents a contingent right to receive one share of the Issuer's common stock."
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 insider transaction did Dakota Gold Corp. (DC) report for Stephen T. O'Rourke?
Dakota Gold reported that director Stephen T. O'Rourke received 21,703 restricted stock units as an equity grant. The award is classified as a grant or other acquisition and involves no cash purchase, reflecting stock-based compensation rather than an open-market buy or sell.
What are the key terms of Stephen T. O'Rourke’s RSU grant at Dakota Gold (DC)?
O'Rourke’s award consists of 21,703 restricted stock units granted under the 2022 Stock Incentive Plan. Each RSU represents a contingent right to one share of common stock and is scheduled to vest on June 1, 2027, subject to the grant conditions.
Was Stephen T. O'Rourke’s Dakota Gold (DC) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant or award acquisition, not an open-market purchase or sale. O'Rourke received 21,703 restricted stock units at a reported price of $0.00 per share as part of stock-based compensation, with no cash trading involved.
When will Stephen T. O'Rourke’s Dakota Gold (DC) RSUs reported on Form 4 vest?
The restricted stock units granted to Stephen T. O'Rourke are scheduled to vest on June 1, 2027. At vesting, each RSU entitles him to receive one share of Dakota Gold common stock, assuming all vesting conditions under the 2022 Stock Incentive Plan are met.