Director at NovaGold (NG) receives 432 deferred share units at $0

Rhea-AI Filing Summary

KYLE HUME D. reported acquisition or exercise transactions in this Form 4 filing.

NOVAGOLD RESOURCES INC director Kyle Hume D. received a grant of 432 Deferred Share Units (DSUs), recorded as common shares at a price of $0.00 per share. This grant increases his directly held common shares and equivalents to 24,184. Each DSU is economically equivalent to one common share but the underlying shares are not issued, and he will have no voting or dispositive rights over them until his service as a director ends. For non-U.S. participants, DSUs expire on December 31 of the year after termination, while for U.S. participants they expire 90 days after termination.

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

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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^*

KYLE HUME D.

(Last) (First) (Middle)

201 SOUTH MAIN STREET

SUITE 400

(Street)

SALT LAKE CITY UT 84111

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
NOVAGOLD RESOURCES INC [ NG ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Shares	03/02/2026		A		432(1)	A	$0.00	24,184	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent of one share of the Issuer's common stock. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of NOVAGOLD RESOURCES INC. Grants to non-U.S. Eligible Participants will expire on December 31 of the year following the reporting person's termination date; grants to U.S. Eligible Participants will expire 90 days following the reporting person's termination date.

Remarks:

	/s/ Hume Kyle	03/04/2026
	** 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.

FAQ

What insider transaction did NOVAGOLD (NG) report for Kyle Hume D.?

NOVAGOLD reported that director Kyle Hume D. acquired 432 Deferred Share Units, recorded as common shares at a price of $0.00 per share. After this grant, his directly held common shares and equivalents total 24,184, reflecting a routine director equity award.

What are the key terms of the 432 Deferred Share Units granted by NOVAGOLD (NG)?

Each Deferred Share Unit is economically equivalent to one NOVAGOLD common share but involves no cash cost. The underlying common shares are not issued immediately, and the director has no voting or dispositive rights over them until his board service ends, delaying actual share delivery.

When will the Deferred Share Units for NOVAGOLD (NG) director be settled or expire?

The underlying common shares for the Deferred Share Units will only be issued after the director’s employment or board service ends. For non-U.S. eligible participants, grants expire on December 31 of the year following termination; for U.S. eligible participants, grants expire 90 days after termination.

How many NOVAGOLD (NG) shares does the director hold after this Form 4 transaction?

Following the grant of 432 Deferred Share Units, the director’s directly held common shares and equivalents total 24,184. This figure includes the newly awarded units, which are economically equivalent to common shares but do not yet carry voting or dispositive rights until settlement after service ends.

Does the NOVAGOLD (NG) director have voting rights on the newly granted Deferred Share Units?

The director does not have voting or dispositive rights over the common shares underlying the Deferred Share Units until his employment or service as a director ends. The units track the economic value of common shares but defer actual share issuance and governance rights to a later settlement date.