Dakota Gold director exercises 9,018 share warrants

Dakota Gold Corp. director Alice D. Schroeder exercised stock warrants and increased her direct common share holdings.

Accepted by SEC EDGAR 03/17/2026 - 04:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Dakota Gold Corp. director Alice D. Schroeder exercised stock warrants and increased her direct common share holdings. On March 13, 2026, she exercised 9,018 warrants at an exercise price of $2.08 per share, converting them into 9,018 shares of common stock.

After this in-the-money derivative exercise, Schroeder directly owned 345,370 shares of Dakota Gold common stock. The exercised warrant position was reduced to zero, and the filing shows no open-market purchases or sales, only the option-style conversion of warrants into common shares.

Insider Trade Summary

9,018 shares exercised/converted

Exercise 2 txns

Insider SCHROEDER ALICE D.

Role Director

Type	Security	Shares	Price	Value
In-the-Money Exercise	WARRANTS	9,018	$0.00	$0.00
In-the-Money Exercise	COMMON STOCK	9,018	$2.08	$19K

Holdings After Transaction: WARRANTS — 0 contracts (Direct); COMMON STOCK — 345,370 shares (Direct)

Holdings Before and After: WARRANTS, 9,018 to 0 contracts (Direct); COMMON STOCK, 336,352 to 345,370 shares (Direct)

FAQ

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

What did Dakota Gold (DC) director Alice Schroeder report in this Form 4?

Alice D. Schroeder reported exercising warrants for 9,018 shares of Dakota Gold common stock. The in-the-money derivative exercise converted warrants into shares at $2.08 per share, increasing her direct equity ownership without any open-market buying or selling activity.

How many Dakota Gold shares did Alice Schroeder acquire in this transaction?

She acquired 9,018 shares of Dakota Gold common stock through the exercise of warrants. The warrants were converted at an exercise price of $2.08 per share, reflecting an in-the-money derivative exercise rather than a market purchase on a stock exchange.

What is Alice Schroeder’s Dakota Gold shareholding after the reported Form 4 transactions?

Following the warrant exercise, Alice D. Schroeder directly held 345,370 shares of Dakota Gold common stock. This figure represents her direct ownership after converting 9,018 warrants into an equivalent number of common shares on March 13, 2026.

Did Alice Schroeder sell any Dakota Gold (DC) shares in this Form 4 filing?

No sales were reported. The Form 4 shows only an in-the-money exercise of 9,018 warrants into 9,018 common shares at $2.08 per share, increasing her holdings. There were no open-market dispositions or tax-withholding share transfers disclosed.

What type of securities did Alice Schroeder exercise to obtain Dakota Gold common stock?

She exercised warrants, which are derivative securities giving the right to buy stock at a set price. The filing reports exercising 9,018 warrants with a $2.08 per share exercise price, resulting in the issuance of 9,018 Dakota Gold common shares to her direct ownership.

Is this Dakota Gold Form 4 transaction a routine warrant exercise or a market trade?

The transaction reflects a routine in-the-money derivative exercise, not a market trade. Alice D. Schroeder converted 9,018 warrants into 9,018 common shares at a fixed $2.08 exercise price, with no separate open-market buying or selling reported in the filing.

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

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^*

SCHROEDER ALICE D.

(Last) (First) (Middle)

C/O DAKOTA GOLD CORP.

106 GLENDALE DRIVE, SUITE 1

(Street)

LEAD SD 57754

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/13/2026

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	03/13/2026		X		9,018	A	$2.08	345,370	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
WARRANTS	$2.08	03/13/2026		X			9,018	03/15/2021	03/15/2026	COMMON STOCK	9,018	$0	0	D

Explanation of Responses:

Remarks:

Exhibit 24.1 Power of Attorney

	/S/ SHAWN CAMPBELL, BY POWER OF ATTORNEY	03/17/2026
	** 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.