Gold Resource (NYSE: GORO) director granted 127,040 deferred stock units as pay
Filing Impact
Filing Sentiment
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.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
MURPHY LILA A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | DSU | 127,040 | $1.5743 | $200K |
Holdings After Transaction:
DSU — 127,040 shares (Direct)
Footnotes (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). 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").
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.