[Form 4] Gold Resource Corporation Insider Trading Activity

Rhea-AI Filing Summary

Gold Resource Corporation (Ticker: GORO) – Insider Form 4 Snapshot

Director Ronald Little filed a Form 4 disclosing the grant of 19,778 deferred stock units (DSUs) on 06/30/2025. Each DSU is equivalent to one share of common stock (or the cash value of one share) and vests immediately. The units are redeemable upon the earlier of Mr. Little’s departure from the board or ten years after the grant date. The filing lists a derivative security price of $0.6162 per unit. After this transaction, Mr. Little directly holds 19,778 derivative securities; no changes to his non-derivative share holdings were reported.

• Transaction code: A – award/grant (equity compensation)
• Ownership form: Direct
• No other insiders were part of this filing

This appears to be routine board compensation rather than an open-market purchase, so while it modestly aligns the director’s interests with shareholders, the absolute size is relatively small and unlikely to influence near-term trading dynamics.

Positive

• Equity-based compensation adds modest alignment between the director and shareholders.

Negative

• Small grant size (19,778 shares) and absence of open-market buying limit informational value.

Insights

Securities Analyst

TL;DR – Board member granted 19,778 DSUs; standard pay, limited market impact.

The filing shows a straightforward equity-based compensation grant. Immediate vesting provides alignment, but the notional value (≈$12k at $0.6162) is marginal versus GORO’s market cap. Because the units were granted—not bought—there is no signal of incremental insider conviction, so I view the event as neutral for valuation or sentiment.

Corporate Governance Specialist

TL;DR – Grant improves alignment yet remains routine and immaterial.

From a governance lens, DSUs are preferable to cash, encouraging long-term focus. Immediate vesting eliminates forfeiture risk but still ties value to share performance until redemption. However, the small award size and lack of purchase reduce its signaling power. Overall governance practices appear standard; no red flags or strong positives emerge.

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^*

LITTLE RONALD

(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)
06/30/2025

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)	06/30/2025		A		19,778		(2)	(2)	common stock	19,778	$0.6162	19,778	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.

2. The deferred stock units 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.

	/s/ Chet Holyoak as attorney-in- fact for Ron Little	07/08/2025
	** 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 GORO director Ronald Little acquire?

He received 19,778 deferred stock units, each convertible into one share of common stock or cash.

When were the DSUs granted according to the Form 4?

The grant date shown is 06/30/2025.

What is the price listed for the DSUs?

The Form 4 indicates a $0.6162 price for the derivative security.

Do the DSUs have any vesting period?

No. The units vest immediately but are redeemable upon service termination or ten years after grant.

Is this an open-market purchase or a compensation grant?

It is a compensation grant (transaction code “A”), not an open-market buy.

How many derivative securities does Ronald Little own after the transaction?

He now directly owns 19,778 derivative securities.

What role does Ronald Little hold at Gold Resource Corp?

The filing lists him as a Director of GORO.