NovaGold grants 36,600 stock options to director

NovaGold Resources Inc. director Thomas S. Kaplan received a new stock option grant.

Rhea-AI Filing Summary

NovaGold Resources Inc. director Thomas S. Kaplan received a new stock option grant. On Feb. 2, 2026, he was awarded options to purchase 36,600 common shares at an exercise price of $8.73 per share, held directly.

The options vest in three equal installments, with one-third vesting on Feb. 2, 2027, one-third on Feb. 2, 2028, and the final third on Feb. 2, 2029. The options expire on Feb. 1, 2031 if not exercised.

Insider Trade Summary

Grant/Award: 36,600 shares

Grant/Award 1 txn

Insider KAPLAN THOMAS SCOTT

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Stock Option (right to buy)	36,600	$0.00	$0.00

Holdings After Transaction: Stock Option (right to buy) — 36,600 contracts (Direct)

Footnotes (1)

1. F1. The options vest as follows: 1/3 on Feb. 02, 2027, 1/3 on Feb. 02, 2028, 1/3 on Feb. 02, 2029

FAQ

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

What insider transaction did NovaGold (NG) director Thomas Kaplan report?

Thomas S. Kaplan reported receiving a stock option grant. He was awarded options for 36,600 NovaGold common shares at an exercise price of $8.73 per share, recorded as directly owned derivative securities on February 2, 2026.

How many NovaGold (NG) stock options were granted to Thomas Kaplan?

Thomas S. Kaplan received options for 36,600 NovaGold common shares. These options are classified as a derivative security, giving him the right to buy shares at a fixed exercise price of $8.73 per share, subject to a multi-year vesting schedule.

What is the exercise price and expiration date of Thomas Kaplan’s NovaGold options?

The stock options granted to Thomas S. Kaplan have an exercise price of $8.73 per share and expire on February 1, 2031. They remain exercisable only after vesting and before this expiration date, according to the Form 4 disclosure.

How do Thomas Kaplan’s NovaGold stock options vest over time?

The options vest in three equal installments over three years. One-third vests on February 2, 2027, another third on February 2, 2028, and the final third on February 2, 2029, aligning vesting with longer-term service.

Does Thomas Kaplan hold the NovaGold options directly or indirectly?

The Form 4 indicates that Thomas S. Kaplan holds the 36,600 stock options directly. The ownership form is marked as “D” for direct, and no footnotes describe any trust, partnership, or other entity holding these derivative securities on his behalf.

What does transaction code "A" mean in Thomas Kaplan’s NovaGold Form 4?

Transaction code “A” on the Form 4 indicates an acquisition of derivative securities. In this case, it reflects the grant of 36,600 NovaGold stock options to director Thomas S. Kaplan, rather than an open-market purchase or sale of existing options.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 02/03/2026 - 12:27 PM EST Learn about SEC filing dates

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^*

KAPLAN THOMAS SCOTT

(Last) (First) (Middle)

600 FIFTH AVENUE, 24TH FLOOR

(Street)

NEW YORK NY 10020

(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 Feb. 02, 2027, 1/3 on Feb. 02, 2028, 1/3 on Feb. 02, 2029

	/s/ Thomas S. Kaplan	02/03/2026
	** 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.