McEwen Inc. (MUX) COO granted restricted and deferred stock unit awards

Rhea-AI Filing Summary

Shaver William M reported acquisition or exercise transactions in this Form 4 filing.

McEwen Inc. director and Chief Operating Officer William M. Shaver received equity-based compensation in the form of stock units. He was granted 4,440 restricted stock units, each representing a contingent right to one share of common stock or its cash value, vesting in three equal installments on June 29, 2026, December 20, 2026 and June 29, 2027. He was also awarded 479 deferred stock units, each representing a right to one share of common stock, which are fully vested and will be delivered when his continuous service on the Board ends, subject to his ability to elect a later delivery date.

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^*

Shaver William M

(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
X	Officer (give title below)		Other (specify below)
	Chief Operating Officer

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
Restricted Stock Units	(1)	03/19/2026		A		4,440		(2)	(2)	Common Stock	4,440	$0	4,440	D
Deferred Stock Units	(3)	03/19/2026		A		479		(4)	(4)	Common Stock	479	$0	479	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 will vest in three equal installments on each of June 29, 2026, December 20, 2026 and June 29, 2027.

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

4. 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/ William M. Shaver	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)

FAQ

What insider transaction did McEwen Inc. (MUX) report for William M. Shaver?

McEwen Inc. reported that director and Chief Operating Officer William M. Shaver received equity awards, not open-market trades. He was granted restricted stock units and deferred stock units that convert into common shares or, in some cases, cash, according to the company’s compensation arrangements.

How many restricted stock units did William M. Shaver receive from McEwen Inc. (MUX)?

William M. Shaver received 4,440 restricted stock units. Each unit represents a contingent right to one share of McEwen Inc. common stock, or its cash value, as determined by the company’s Compensation, Nominating & Corporate Governance Committee under the applicable award agreement.

When do William M. Shaver’s McEwen Inc. restricted stock units vest?

The 4,440 restricted stock units vest in three equal installments. They are scheduled to vest on June 29, 2026, December 20, 2026, and June 29, 2027, aligning Shaver’s compensation with longer-term service and performance at McEwen Inc.

What are the terms of the 479 deferred stock units granted by McEwen Inc. (MUX)?

The 479 deferred stock units each represent a right to receive one share of common stock. They are fully vested and will be delivered when Shaver’s continuous service on the Board ends, unless he elects to defer delivery beyond his Board departure date.

Did William M. Shaver buy or sell McEwen Inc. (MUX) shares in the market?

The reported transactions are grant or award acquisitions, not open-market purchases or sales. Shaver received restricted stock units and deferred stock units at a price of $0.00 per unit as part of his equity compensation from McEwen Inc.

How do McEwen Inc. deferred stock units for William M. Shaver pay out?

Each deferred stock unit entitles Shaver to one share of McEwen Inc. common stock. These units are already fully vested and will be delivered upon termination of his continuous Board service, subject to any valid election he makes to defer that delivery further.