McEwen director awarded 479 deferred stock units

Asterbadi Dalia Nadine reported acquisition or exercise transactions in this Form 4 filing.

Accepted by SEC EDGAR 03/23/2026 - 04:55 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Asterbadi Dalia Nadine reported acquisition or exercise transactions in this Form 4 filing.

McEwen Inc. director Dalia Nadine Asterbadi received 479 Deferred Stock Units (DSUs), increasing her directly held DSUs to 1,790. Each DSU represents the right to receive one share of McEwen Inc. common stock.

The DSUs are fully vested and will be delivered when she leaves the Board of Directors, although she may elect to defer delivery beyond that termination date.

Insider Trade Summary

Grant/Award: 479 shares

Grant/Award 1 txn

Insider Asterbadi Dalia Nadine

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	479	$0.00	$0.00

Holdings After Transaction: Deferred Stock Units — 1,790 contracts (Direct)

Footnotes (2)

1. F1. Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
2. F2. The deferred stock units are fully vested and will be delivered to the reporting person on the date of the reporting person's termination of continuous service from the Issuer's Board of Directors (the "Board"), subject to the reporting person's right to elect to defer delivery of the deferred stock units beyond the date of the reporting person's termination of continuous service from the Board.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did McEwen Inc. (MUX) report for Dalia Nadine Asterbadi?

McEwen Inc. reported that director Dalia Nadine Asterbadi received 479 Deferred Stock Units as a grant or award. After this compensation-related acquisition, she holds a total of 1,790 Deferred Stock Units directly in the company.

What do the Deferred Stock Units granted to the McEwen Inc. (MUX) director represent?

Each Deferred Stock Unit granted to the director represents the right to receive one share of McEwen Inc. common stock. These units function as deferred equity compensation, aligning director interests with shareholders through future delivery of common shares.

When will the McEwen Inc. (MUX) director receive the shares from these Deferred Stock Units?

The Deferred Stock Units will be delivered to the director on the date she terminates continuous service from McEwen Inc.’s Board of Directors. She also has the right to elect to defer that delivery beyond her board service termination date.

Are the Deferred Stock Units granted to the McEwen Inc. (MUX) director vested?

The Deferred Stock Units awarded to the McEwen Inc. director are fully vested. Although vested immediately, the actual common shares underlying the units will be delivered only upon her departure from the Board, subject to any elected deferral.

How many McEwen Inc. (MUX) Deferred Stock Units does the director hold after this Form 4?

Following the reported grant, the director holds 1,790 Deferred Stock Units directly. This total includes the 479 units acquired in the latest transaction, each of which entitles her to receive one share of McEwen Inc. common stock in the future.

Is the McEwen Inc. (MUX) Form 4 transaction a market buy or sell of shares?

The transaction is a grant or award of 479 Deferred Stock Units, not a market purchase or sale. It reflects equity-based compensation for board service, rather than the director buying or selling McEwen Inc. common stock in the open market.

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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^*

Asterbadi Dalia Nadine

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

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

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
Deferred Stock Units	(1)	03/19/2026		A		479		(2)	(2)	Common Stock	479	$0	1,790	D

Explanation of Responses:

1. Each deferred stock unit represents a right to receive one share of the Issuer's common stock.

2. The deferred stock units are fully vested and will be delivered to the reporting person on the date of the reporting person's termination of continuous service from the Issuer's Board of Directors (the "Board"), subject to the reporting person's right to elect to defer delivery of the deferred stock units beyond the date of the reporting person's termination of continuous service from the Board.

	/s/ Dalia Nadine Asterbadi	03/23/2026
	** 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)