Novagold (NG) director granted 1,302 DSUs, now holding 47,188 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Muniz Quintanilla Daniel reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Daniel Muniz Quintanilla received an award of 1,302 Deferred Share Units (DSUs) tied to the company’s common shares. The DSUs were granted at no cash cost and increase his direct holdings to 47,188 common shares equivalents.
Each DSU is the economic equivalent of one common share, but the underlying shares will not be issued and he will not have voting or dispositive rights over them until his service as a director ends. For non-U.S. eligible participants, DSU grants expire on December 31 of the year after termination, while for U.S. participants they expire 90 days after termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Muniz Quintanilla Daniel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,302 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 47,188 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
DSUs granted: 1,302 units
Grant price: $0.00 per unit
Holdings after transaction: 47,188 shares
3 metrics
DSUs granted
1,302 units
Deferred Share Units awarded on June 1, 2026
Grant price
$0.00 per unit
Compensation grant, not open-market purchase
Holdings after transaction
47,188 shares
Total common share equivalents after DSU award
Key Terms
Deferred Share Units (DSUs), dispositive rights, Eligible Participants
3 terms
dispositive rights financial
"the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares"
Eligible Participants financial
"Grants to non-U.S. Eligible Participants will expire on December 31 of the year following the reporting person's termination date"
FAQ
What did NOVAGOLD (NG) director Daniel Muniz Quintanilla report in this Form 4?
He reported receiving 1,302 Deferred Share Units as a compensation award. These DSUs are economically equivalent to common shares, granted at no cash cost, and increase his total reported holdings to 47,188 common share equivalents after the transaction.
When will the NOVAGOLD DSUs for Daniel Muniz Quintanilla be settled or expire?
Settlement occurs after his service with NOVAGOLD ends, when underlying shares are issued. For non-U.S. eligible participants, grants expire December 31 of the year after termination; for U.S. eligible participants, they expire 90 days following the termination date.