McEwen COO exercises 21,886 RSUs into common shares
McEwen Inc. Chief Operating Officer William M. Shaver reported the vesting of restricted stock units that were settled in common shares.
Rhea-AI Filing Summary
McEwen Inc. Chief Operating Officer William M. Shaver reported the vesting of restricted stock units that were settled in common shares. On June 28–29, 2026, he exercised derivative awards to acquire a total of 21,886 shares of common stock at a stated price of $0.00 per share.
The vested amounts came from several prior RSU grants, including 2,100 and 866 shares that vested on June 28, 2026, and 11,740 and 5,700 shares that vested on June 29, 2026. Following these transactions, he directly owns 171,086 shares of McEwen common stock and retains additional RSUs scheduled to vest in December 2026 and June 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
21,886 shares exercised/converted
Exercise
10 txns
Insider
Shaver William M
Role
Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 11,740 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 5,700 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 1,480 | $0.00 | $0.00 |
| Exercise | Common Stock | 11,740 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,700 | $0.00 | $0.00 |
| Exercise | Common Stock | 1,480 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 2,100 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 866 | $0.00 | $0.00 |
| Exercise | Common Stock | 2,100 | $0.00 | $0.00 |
| Exercise | Common Stock | 866 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 8,660 contracts (Direct);
Common Stock — 171,086 shares (Direct)
Footnotes (6)
- F1. 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.
- F2. The restricted stock units were granted on August 11, 2025 and vested as to 2,100 shares on June 28, 2026.
- F3. The restricted stock units were granted on September 8, 2025 and vested as to 866 shares on June 28, 2026.
- F4. The restricted stock units were granted on June 29, 2025 and vested as to 11,740 shares on June 29, 2026.
- F5. The restricted stock units were granted on November 10, 2025 and vested as to 5,700 shares on June 29, 2026. The restricted stock units will vest as to the remaining shares on December 20, 2026.
- F6. The restricted stock units were granted on March 19, 2026 and vested as to 1,480 shares on June 29, 2026. The restricted stock units will vest as to the remaining shares in two equal installments on each of December 20, 2026 and June 29, 2027.
Key Figures
Shares acquired via derivative exercises: 21,886 shares
Direct common stock holdings after transactions: 171,086 shares
RSUs vested June 28, 2026 (grant Aug 11, 2025): 2,100 units
+5 more
8 metrics
Shares acquired via derivative exercises
21,886 shares
Exercise of derivative securities on June 28–29, 2026
Direct common stock holdings after transactions
171,086 shares
Total direct ownership following June 29, 2026 exercises
RSUs vested June 28, 2026 (grant Aug 11, 2025)
2,100 units
Portion of RSU grant that vested on June 28, 2026
RSUs vested June 28, 2026 (grant Sep 8, 2025)
866 units
Portion of RSU grant that vested on June 28, 2026
RSUs vested June 29, 2026 (grant Jun 29, 2025)
11,740 units
RSUs that vested on June 29, 2026
RSUs vested June 29, 2026 (grant Nov 10, 2025)
5,700 units
RSUs that vested on June 29, 2026
Additional RSUs vested June 29, 2026 (grant Mar 19, 2026)
1,480 units
RSUs that vested on June 29, 2026
Exercise price of RSUs
$0.00 per share
Stated conversion price for RSU settlements
Key Terms
Restricted Stock Units, contingent right, derivative security, vested, +1 more
5 terms
Restricted Stock Units financial
"The restricted stock units were granted on August 11, 2025 and vested as to 2,100 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.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock"
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.
vested financial
"The restricted stock units were granted on June 29, 2025 and vested as to 11,740 shares on June 29, 2026."
cash value financial
"receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement"
Cash value is the amount of money you could get right away if an asset or contract were converted to cash or surrendered, after any fees or penalties. Think of it like the cash you could pull out of a savings jar when you need it; for investors it signals how much immediate liquidity or recoverable worth exists in an investment, insurance policy, or balance-sheet item.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did McEwen Inc. (MUX) report for William M. Shaver?
McEwen Inc. reported that COO William M. Shaver exercised derivative awards, converting restricted stock units into 21,886 shares of common stock on June 28–29, 2026. These transactions reflect equity compensation vesting rather than open-market purchases or sales.
What restricted stock unit grants vested for McEwen Inc. (MUX) COO William M. Shaver?
Several RSU grants vested: 2,100 and 866 units vested on June 28, 2026, and 11,740 and 5,700 units vested on June 29, 2026. Each restricted stock unit represents a contingent right to receive one share of McEwen common stock or its cash value.
Does William M. Shaver still hold unvested restricted stock units of McEwen Inc. (MUX)?
Yes. Footnotes indicate certain RSU grants will continue vesting, with remaining shares scheduled to vest on December 20, 2026 and in two equal installments on December 20, 2026 and June 29, 2027. These units represent future potential share deliveries or cash value.
What does the transaction code M mean in the McEwen Inc. (MUX) Form 4 for William M. Shaver?
Code M indicates an exercise or conversion of a derivative security, such as restricted stock units. In this filing, the code M entries show RSUs converting into McEwen common shares at a stated price of $0.00 per share as the awards vested.
AI-generated analysis. How Rhea-AI works. Not financial advice.
