Novagold director granted 1,151 share units
Director Daniel Muniz Quintanilla received a 1,151‑unit DSU equity award in NOVAGOLD, bringing his direct common share equivalents to 48,339.
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC (symbol: NG) is the issuer of record for a Form 4 filing submitted to the SEC. Muniz Quintanilla Daniel reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC (NG) reported that director Daniel Muniz Quintanilla received a grant of 1,151 Deferred Share Units (DSUs) on September 1, 2026, as an award of common share equivalents at no cash cost. After this grant, he holds 48,339 common share equivalents directly. The underlying common shares will only be issued, and voting or dispositive rights will arise, upon the end of his service as a director, with expiry timing based on whether he is a U.S. or non-U.S. participant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 1,151 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
Key Figures
Key Terms
economic equivalent financial
voting or dispositive rights financial
Eligible Participants regulatory
FAQ
What insider transaction did NOVAGOLD (NG) report for Daniel Muniz Quintanilla?
What is the price per unit for the DSU grant reported by NOVAGOLD (NG)?
Do the DSUs granted by NOVAGOLD (NG) expire, and how is timing determined?
Was the NOVAGOLD (NG) DSU grant made under a Rule 10b5-1 trading plan?
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