NovaGold (NG) awards director 36,600 options vesting 2027–2029

Rhea-AI Filing Summary

NovaGold Resources director C. Kevin McArthur 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. All 36,600 options are held directly after this grant.

The options vest in three equal installments: one-third on 02/02/2027, one-third on 02/02/2028, and the final third on 02/02/2029. This grant represents equity-based compensation that links part of the director’s potential future value to NovaGold’s share price performance over time.

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

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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^*

MCARTHUR C. KEVIN

(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/ C. Kevin McArthur	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.
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FAQ

What insider transaction did NovaGold Resources (NG) report?

NovaGold Resources reported a stock option grant to director C. Kevin McArthur. On 02/02/2026, he received options for 36,600 common shares at an exercise price of $8.73 per share, providing equity-based compensation tied to the company’s future share performance.

How many NovaGold (NG) options were granted to director C. Kevin McArthur?

Director C. Kevin McArthur was granted options on 36,600 NovaGold common shares. The entire 36,600-option position is held directly after the transaction, indicating this Form 4 reports a single new equity award rather than multiple separate option grants.

What is the exercise price of the NovaGold (NG) options granted on 02/02/2026?

The reported stock options for NovaGold have an exercise price of $8.73 per common share. This means McArthur can choose to buy up to 36,600 shares at $8.73 if the options vest and he exercises them in the future.

How do the NovaGold (NG) options granted to C. Kevin McArthur vest?

The options vest in three equal installments over three years. One-third vests on 02/02/2027, another third on 02/02/2028, and the final third on 02/02/2029, encouraging multi-year alignment with NovaGold’s performance.

Are the newly granted NovaGold (NG) options held directly or indirectly?

The filing shows the 36,600 NovaGold stock options are held directly by C. Kevin McArthur. There is no indication of indirect ownership through entities such as trusts or partnerships in the reported transaction details.

What type of security was reported in this NovaGold (NG) Form 4?

The Form 4 reports a derivative security: a stock option giving the right to buy NovaGold common shares. It covers 36,600 options with an $8.73 exercise price, classified as a derivative rather than a direct share purchase or sale.