NOVAGOLD (NG) CEO boosts stake with 1,909 ESPP shares and sizeable trust holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC President and CEO Gregory A. Lang increased his equity stake through the company’s employee stock purchase program. He acquired 1,909 Common Shares during the second calendar quarter of 2026 at a weighted average price of $8.69 per share, with individual purchase prices ranging from $7.72 to $10.85.
After these acquisitions, he holds 113,245 Common Shares directly. He also has indirect ownership of 445,000 Common Shares through an Irrevocable Trust and 1,494,143 Common Shares through a Family Trust, giving him substantial overall exposure to NOVAGOLD’s stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lang Gregory A.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,909 | $8.69 | $17K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 113,245 shares (Direct, null);
Common Shares — 1,494,143 shares (Indirect, Family Trust)
Footnotes (1)
- Represents shares acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan during the second calendar quarter of 2026. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions over a three-month period at prices ranging from $7.72 to $10.85, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC, any security holder of NOVAGOLD RESOURCES INC., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Key Figures
ESPP shares acquired: 1,909 shares
Weighted average purchase price: $8.69 per share
Direct holdings after acquisition: 113,245 shares
+2 more
5 metrics
ESPP shares acquired
1,909 shares
Common Shares acquired in Q2 2026 under Employee Stock Purchase Plan
Weighted average purchase price
$8.69 per share
Average price for 1,909 ESPP shares; individual trades $7.72–$10.85
Direct holdings after acquisition
113,245 shares
Common Shares directly owned by Gregory A. Lang after ESPP purchases
Irrevocable Trust holdings
445,000 shares
Common Shares held indirectly through an Irrevocable Trust
Family Trust holdings
1,494,143 shares
Common Shares held indirectly through a Family Trust
Key Terms
Employee Stock Purchase Plan, weighted average price, Irrevocable Trust, Family Trust, +1 more
5 terms
Employee Stock Purchase Plan financial
"Represents shares acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan during the second calendar quarter of 2026."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Irrevocable Trust financial
"total_shares_following_transaction: 445000.0000 ... nature_of_ownership: "Irrevocable Trust""
An irrevocable trust is a legal arrangement where an owner transfers assets into a separate entity managed by a trustee and gives up the power to modify or reclaim those assets. For investors it matters because putting stock or other holdings into such a trust can change who controls and benefits from the assets, affect taxes and creditor protection, and influence how easy it is to sell or value those holdings—like placing valuables in a locked safe overseen by someone else.
Family Trust financial
"total_shares_following_transaction: 1494143.0000 ... nature_of_ownership: "Family Trust""
grant/award acquisition financial
"transaction_action: "grant/award acquisition" for 1,909 Common Shares"
FAQ
What did NOVAGOLD (NG) CEO Gregory A. Lang report in this Form 4?
Gregory A. Lang reported acquiring 1,909 NOVAGOLD Common Shares. These were obtained through the Employee Stock Purchase Plan during the second calendar quarter of 2026 at a weighted average price of $8.69 per share, reflecting a routine compensation-related share purchase.