Novagold director granted 1,151 stock units
NOVAGOLD Resources granted director Kyle Hume D. 1,151 deferred share units as equity compensation, increasing his reported equity-based holdings to 26,637 equivalents.
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC (symbol: NG) is the issuer of record for a Form 4 filing submitted to the SEC. KYLE HUME D. reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC (NG) reported that director Kyle Hume D. received a grant of 1,151 Deferred Share Units (DSUs) on September 1, 2026. Each DSU is the economic equivalent of one common share, bringing his reported directly held equity-based interest to 26,637 common shares or equivalents after the grant.
The DSUs were granted at a stated price of $0.00 as director compensation. The underlying common shares will not be issued, and he will have no voting or dispositive rights over those underlying shares, until his service as a director ends, subject to expiry rules 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
termination of the reporting person's employment or services financial
Eligible Participants financial
FAQ
What insider transaction did NOVAGOLD Resources (NG) report for Kyle Hume D.?
Were the NOVAGOLD (NG) DSUs granted under a Rule 10b5-1 trading plan?
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