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Gold Resource (NYSE: GORO) director granted 127,040 deferred stock units as pay

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

Rhea-AI Filing Summary

MURPHY LILA A reported acquisition or exercise transactions in this Form 4 filing.

Gold Resource Corp director Lila A. Murphy received a compensation grant of 127,040 deferred stock units (DSUs) on common stock. Each DSU represents the right to receive one share of common stock or cash equal to its value on a future redemption date. The DSUs vest immediately, meaning they are no longer forfeitable at grant, but are redeemable only at the earlier of the end of Murphy's service with the company or ten years from the grant date. Following this award, Murphy holds 127,040 DSUs directly, reflecting a routine equity-based compensation grant rather than an open-market purchase.

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*
MURPHY LILA A

(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 127,040 (2) (2) common stock 127,040 $1.5743 127,040 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 Lila Murphy 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 did Gold Resource Corp (GORO) director Lila Murphy report on this Form 4?

Director Lila A. Murphy reported receiving 127,040 deferred stock units as equity compensation. These DSUs are tied to Gold Resource Corp common stock and provide future rights to shares or cash, rather than reflecting an open-market stock purchase or sale.

How many deferred stock units did GORO grant to director Lila Murphy?

Gold Resource Corp granted Lila A. Murphy 127,040 deferred stock units. After this award, she directly holds 127,040 DSUs, indicating this filing reflects a single new grant rather than multiple transactions or a series of separate acquisitions.

What does each GORO deferred stock unit (DSU) represent for Lila Murphy?

Each deferred stock unit represents the right to receive one share of Gold Resource Corp common stock or cash equal to one share’s value. The value is determined as of the redemption date, when the unit is ultimately settled into stock or cash.

When do Lila Murphy’s GORO deferred stock units vest and become redeemable?

The DSUs vest immediately at the time of grant, so they are not forfeitable once awarded. However, they become redeemable only at the earlier of Murphy’s termination of service with Gold Resource Corp or ten years from the original grant date.

Is this GORO Form 4 a stock purchase or a compensation award?

This Form 4 reflects a compensation award, not an open-market stock purchase. Lila A. Murphy received 127,040 deferred stock units as a grant, which provide future rights to shares or cash instead of showing that she bought or sold shares on the market.

How many GORO deferred stock units does Lila Murphy hold after this transaction?

After the reported transaction, Lila A. Murphy holds 127,040 deferred stock units directly. This matches the size of the grant, indicating the reported award represents her entire DSU position shown in this filing rather than just a portion of an existing holding.
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