McEwen Inc. (MUX) VP Finance settles RSU awards into common shares and cash

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

McEwen Inc. VP Finance Jeffrey Chan exercised restricted stock units into common shares as part of equity compensation. On June 28, 2026, he acquired 588 shares of common stock from one vested RSU award and 248 shares from another, both at a stated price of $0.00 per share.

The underlying RSU grants had vested as to 1,266 units and 533 units, respectively, with 678 units and 285 units from those grants settled for cash instead of shares. Following these transactions, Chan directly held 4,527 shares of McEwen Inc. common stock, reflecting routine equity award settlement rather than any open‑market trading.

Insider Trade Summary

1,799 shares exercised/converted

Mixed 4 txns

Insider Chan Jeffrey

Role VP - Finance

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	1,266	$0.00	--
Exercise	Restricted Stock Units	533	$0.00	--
Exercise	Common Stock	588	$0.00	--
Exercise	Common Stock	248	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 4,527 shares (Direct, null)

Footnotes (1)

Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee. The restricted stock units were granted on August 11, 2025 and vested as to 1,266 shares on June 28, 2026, 678 of which were settled for cash. The restricted stock units were granted on September 8, 2025 and vested as to 533 shares on June 28, 2026, 285 of which were settled for cash.

Key Figures

Shares from first RSU grant: 588 shares Shares from second RSU grant: 248 shares First RSU grant vested units: 1,266 units +4 more

7 metrics

Shares from first RSU grant 588 shares Common stock received from vested RSU grant on June 28, 2026

Shares from second RSU grant 248 shares Common stock received from vested RSU grant on June 28, 2026

First RSU grant vested units 1,266 units Restricted stock units vested on June 28, 2026

Second RSU grant vested units 533 units Restricted stock units vested on June 28, 2026

Cash‑settled units from first grant 678 units Portion of 1,266 vested RSUs settled for cash

Cash‑settled units from second grant 285 units Portion of 533 vested RSUs settled for cash

Shares held after transactions 4,527 shares Common shares directly owned by Jeffrey Chan after RSU exercises

Key Terms

Restricted Stock Units, derivative security, contingent right, settled for cash

4 terms

Restricted Stock Units financial

"The restricted stock units were granted on August 11, 2025 and vested as to 1,266 shares"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"

settled for cash financial

"vested as to 1,266 shares on June 28, 2026, 678 of which were settled for cash"

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/30/2026 - 09:17 PM Accepted by SEC EDGAR 06/30/2026 - 09:16 PM

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^*

Chan Jeffrey

(Last)

(First)

(Middle)

C/O MCEWEN INC.

150 KING STREET WEST, SUITE 2800

(Street)

TORONTO

M5H 1J9

(City)

(State)

(Zip)

ONTARIO, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
McEwen Inc. [ MUX ]

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

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	VP - Finance

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/28/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	06/28/2026		M		588	A	⁽¹⁾	4,527	D
Common Stock	06/28/2026		M		248	A	⁽¹⁾	4,775	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/28/2026		M			1,266	⁽²⁾	⁽²⁾	Common Stock	1,266	$0	0	D
Restricted Stock Units	⁽¹⁾	06/28/2026		M			533	⁽³⁾	⁽³⁾	Common Stock	533	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee.

2. The restricted stock units were granted on August 11, 2025 and vested as to 1,266 shares on June 28, 2026, 678 of which were settled for cash.

3. The restricted stock units were granted on September 8, 2025 and vested as to 533 shares on June 28, 2026, 285 of which were settled for cash.

	/s/ Jeffrey Chan	06/30/2026
	** 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)

Source: View Original Filing on SEC EDGAR

FAQ

What did McEwen Inc. (MUX) VP Finance Jeffrey Chan report in this Form 4?

Jeffrey Chan reported exercising restricted stock units into McEwen Inc. common shares. The filing shows equity awards vesting and settling partly in stock and partly in cash, reflecting routine compensation rather than any open‑market purchase or sale activity.

How many McEwen Inc. (MUX) shares did Jeffrey Chan receive from vested RSUs?

Jeffrey Chan received 588 McEwen Inc. common shares from one vested RSU grant and 248 shares from another. These shares came from equity awards settling in stock at a stated price of $0.00 per share, not from open‑market purchases.

What RSU grants vested for McEwen Inc. (MUX) VP Finance Jeffrey Chan?

Two restricted stock unit grants vested for Jeffrey Chan. One grant vested as to 1,266 units, and another vested as to 533 units. Portions of each grant were settled in cash, with the remaining vested units converted into McEwen Inc. common shares.

How much of Jeffrey Chan’s McEwen Inc. RSUs were settled for cash instead of shares?

Of the vested RSUs, 678 units from the 1,266‑unit grant and 285 units from the 533‑unit grant were settled for cash. The remaining vested units from each award converted into McEwen Inc. common shares as reflected in the reported transactions.

How many McEwen Inc. (MUX) shares does Jeffrey Chan hold after these transactions?

After the reported equity award settlements, Jeffrey Chan directly holds 4,527 shares of McEwen Inc. common stock. This share count reflects his position following the RSU exercises and cash settlements disclosed in the Form 4 filing.

Were Jeffrey Chan’s McEwen Inc. transactions open‑market buys or sells?

The transactions were exercises of restricted stock units, not open‑market buys or sells. They are coded as derivative security exercises at a stated price of $0.00 per share, representing routine settlement of previously granted equity awards to Jeffrey Chan.