STOCK TITAN

Director at GOLD RESOURCE CORP (GORO) receives grant of 63,520 deferred stock units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Gianulis Peter Lawrence reported acquisition or exercise transactions in this Form 4 filing.

GOLD RESOURCE CORP director Peter Lawrence Gianulis received a grant of 63,520 deferred stock units (DSUs). Each DSU represents the right to receive one share of common stock or cash equal to the value of one share as of a future redemption date.

The DSUs vest immediately at grant, meaning they are no longer forfeitable, but they are only redeemable upon the earlier of Gianulis’s service termination with the company or ten years from the grant date. Following this grant, he holds 63,520 DSUs directly.

Positive

  • None.

Negative

  • None.
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*
Gianulis Peter Lawrence

(Last) (First) (Middle)
7900 E. UNION AVE, SUITE 320

(Street)
DENVER CO 80237

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
GOLD RESOURCE CORP [ GORO ]
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)
03/06/2026
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
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
DSU (1) 03/06/2026 A 63,520 (2) (2) common stock 63,520 $1.5743 63,520 D
Explanation of Responses:
1. Each deferred stock unit ("DSU") represents the right to receive one share of common stock or cash equal to the value of one share of common stock as of the Redemption Date (defined below).
2. The DSUs vest immediately, meaning they become un-forfeitable at the time of grant but are redeemable at the earlier of the termination of the Reporting Person's service to the Issuer or ten years from the grant date (such date, the "Redemption Date").
/s/ Chet Holyoak as attorney-in- fact for Peter Gianulis 03/11/2026
** 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.

FAQ

What insider transaction did GOLD RESOURCE CORP (GORO) report for Peter Lawrence Gianulis?

GOLD RESOURCE CORP reported that director Peter Lawrence Gianulis received 63,520 deferred stock units (DSUs). These DSUs are a form of equity-based compensation that convert into common stock or cash equal to a share’s value at a future redemption date.

How many deferred stock units did GORO grant to director Peter Gianulis?

GOLD RESOURCE CORP granted Peter Lawrence Gianulis 63,520 deferred stock units (DSUs). Each DSU corresponds to one share of common stock or equivalent cash value, giving him a future claim tied directly to the company’s share price performance at redemption.

Do the GORO deferred stock units granted to Peter Gianulis vest immediately?

Yes, the 63,520 deferred stock units granted to Peter Lawrence Gianulis vest immediately. Immediate vesting means they become non-forfeitable at the time of grant, although they can only be redeemed at a later specified redemption date event.

When can the deferred stock units for GORO’s Peter Gianulis be redeemed?

The deferred stock units are redeemable at the earlier of two events: termination of Peter Lawrence Gianulis’s service with GOLD RESOURCE CORP or ten years from the grant date. That earlier date is defined as the redemption date for these DSUs.

What does each GORO deferred stock unit granted to Peter Gianulis represent?

Each deferred stock unit represents the right to receive either one share of GOLD RESOURCE CORP common stock or cash equal to the value of one share. The value used will be determined as of the redemption date defined in the award terms.

How many DSUs does Peter Gianulis hold in GORO after this grant?

After this grant, Peter Lawrence Gianulis holds 63,520 deferred stock units in GOLD RESOURCE CORP. These DSUs are fully vested but will only be settled in shares or cash when a redemption event, such as service termination or ten years elapsing, occurs.
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