NovaGold (NG) director awarded 36,600 stock options at $8.73 strike price

Rhea-AI Filing Summary

NovaGold Resources director Daniel Muniz Quintanilla received a new stock option grant. On 02/02/2026 he was awarded options to purchase 36,600 common shares at an exercise price of $8.73 per share, expiring on 02/01/2031.

The options vest in three equal installments: one-third on 02/02/2027, one-third on 02/02/2028, and one-third on 02/02/2029. Following this grant, he beneficially owns 36,600 stock options directly.

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^*

Muniz Quintanilla Daniel

(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)
02/02/2026

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

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
Stock Option (right to buy)	$8.73	02/02/2026		A		36,600		(1)	02/01/2031	Common Shares	36,600	$0	36,600	D

Explanation of Responses:

1. The options vest as follows: 1/3 on 02/02/2027; 1/3 on 02/02/2028; and 1/3 on 02/02/2029.

Remarks:

	/s/ Daniel Muniz-Quintanilla	02/04/2026
	** 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 Daniel Muniz Quintanilla?

NovaGold reported that director Daniel Muniz Quintanilla received a grant of 36,600 stock options on 02/02/2026. These options give him the right to buy NovaGold common shares at a fixed exercise price in the future, subject to vesting.

How many NovaGold (NG) stock options were granted and at what exercise price?

The filing shows a grant of 36,600 stock options with an exercise price of $8.73 per share. This price is what the director must pay per share to exercise the options, regardless of the market price when they vest and are exercised.

When do Daniel Muniz Quintanilla’s NovaGold (NG) options vest?

The options vest in three equal tranches: 1/3 on 02/02/2027, 1/3 on 02/02/2028, and 1/3 on 02/02/2029. Vesting means portions of the grant become exercisable over time, encouraging longer-term service.

What is the expiration date of the NovaGold (NG) stock options granted in this Form 4?

The stock options granted to the director expire on 02/01/2031. After that date, any unexercised portion of the 36,600 options can no longer be used to purchase NovaGold common shares at the stated exercise price.

Is the NovaGold (NG) option grant to Daniel Muniz Quintanilla a purchase or an award?

The Form 4 characterizes the transaction with code “A”, indicating an award of derivative securities. The price of the derivative security is reported as $0, meaning the director did not pay upfront to receive the 36,600 options.

Does Daniel Muniz Quintanilla hold the NovaGold (NG) options directly or indirectly?

The filing marks the ownership form as Direct (D), with no separate entity listed in the nature of ownership field. This indicates the 36,600 stock options are held directly by Daniel Muniz Quintanilla rather than through a trust or other affiliated entity.