CFO at U S Global (NASDAQ: GROW) buys 382 shares in stock plan

Rhea-AI Filing Summary

U S Global Investors CFO Lisa Callicotte reported an employee stock purchase transaction involving 382 shares of Class A Common Stock at $2.48 per share. The filing notes this was a restricted stock purchase under an employee stock purchase plan, and she now directly holds 37,567 shares following the transaction.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Callicotte Lisa

Role CFO

Type	Security	Shares	Price	Value
Other	Class A Common Stock	382	$2.48	$947.36

Holdings After Transaction: Class A Common Stock — 37,567 shares (Direct)

Footnotes (1)

1. [object Object]

Key Figures

Shares in transaction: 382 shares Transaction price: $2.48 per share Shares held after transaction: 37,567 shares

3 metrics

Shares in transaction 382 shares Restricted stock purchase under employee stock purchase plan

Transaction price $2.48 per share Price for Class A Common Stock in reported transaction

Shares held after transaction 37,567 shares Direct holdings of CFO following Form 4 transaction

Key Terms

Class A Common Stock, Restricted stock purchase, employee stock purchase plan, other acquisition or disposition

4 terms

Class A Common Stock financial

"security_title: "Class A Common Stock""

Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.

Restricted stock purchase financial

"Restricted stock purchase under employee stock purchase plan."

employee stock purchase plan financial

"Restricted stock purchase under employee stock purchase plan."

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

other acquisition or disposition financial

"transaction_code_description: "Other acquisition or disposition""

Form 4 Insider Transactions: What Each Field Means →

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^*

Callicotte Lisa

(Last) (First) (Middle)

7900 CALLAGHAN ROAD

(Street)

SAN ANTONIO TEXAS 78229

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
U S GLOBAL INVESTORS INC [ GROW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Class A Common Stock	03/31/2026	03/31/2026	J(1)		382	A	$2.48	37,567	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

Explanation of Responses:

1. Restricted stock purchase under employee stock purchase plan.

	Lisa Callicotte	04/01/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What transaction did U S Global Investors (GROW) CFO Lisa Callicotte report?

Lisa Callicotte reported an employee stock purchase transaction involving 382 shares of U S Global Investors Class A Common Stock. The shares were acquired at $2.48 each as a restricted stock purchase under an employee stock purchase plan, according to the Form 4 footnote.

How many U S Global Investors (GROW) shares does the CFO hold after this Form 4?

Following the reported transaction, CFO Lisa Callicotte directly holds 37,567 shares of U S Global Investors Class A Common Stock. This post-transaction holding figure comes directly from the Form 4 and reflects her position after the 382-share restricted stock purchase.

What price was paid per share in the GROW CFO’s reported stock purchase?

The reported transaction shows a price of $2.48 per share for the 382 shares of U S Global Investors Class A Common Stock. This price is explicitly listed in the Form 4 as the transaction price associated with the restricted stock purchase under the employee stock purchase plan.

How is the U S Global Investors CFO’s ownership classified in this Form 4?

The Form 4 classifies Lisa Callicotte’s ownership of the reported shares as direct, indicated by the ownership code "D." This means the 37,567 shares of Class A Common Stock listed as held following the transaction are directly owned rather than held through an intermediary entity.

What does the footnote in the GROW Form 4 say about the CFO’s transaction?

The footnote explains that the transaction was a restricted stock purchase under an employee stock purchase plan. This language clarifies that the 382-share transaction reported by CFO Lisa Callicotte relates to participation in a company stock purchase program rather than an open-market trade.