Novagold awards director 576 deferred share units

Director Ethan Schutt received a 576-DSU equity award from NOVAGOLD, increasing his reported equity-equivalent holdings to 54,798 common shares.

Rhea-AI Filing Summary

NOVAGOLD RESOURCES INC (symbol: NG) is the issuer of record for a Form 4 filing submitted to the SEC. Schutt Ethan reported acquisition or exercise transactions in this Form 4 filing.

NOVAGOLD RESOURCES INC (NG) reported that director Ethan Schutt received a grant of 576 Deferred Share Units (DSUs) on September 1, 2026. Each DSU is the economic equivalent of one common share, granted at no cash cost, bringing his directly held equity-related interest to 54,798 common shares-equivalent.

The underlying common shares for these DSUs will not be issued, and Ethan Schutt will not have voting or dispositive rights over those underlying shares, until his service as a director ends. The DSUs then expire based on his termination date and whether he is a U.S. or non-U.S. eligible participant.

Insider Trade Summary

Grant/Award: 576 shares

Grant/Award 1 txn

Insider Schutt Ethan

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares F1	576	$0.00	$0.00

Holdings After Transaction: Common Shares — 54,798 shares (Direct)

Footnotes (1)

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

DSUs granted: 576 units Holdings after transaction: 54,798 shares-equivalent Grant price per DSU: $0.00 per unit +2 more

5 metrics

DSUs granted 576 units Deferred Share Units granted to director Ethan Schutt on September 1, 2026

Holdings after transaction 54,798 shares-equivalent Total directly held equity-related interest after the DSU grant

Grant price per DSU $0.00 per unit Compensation award, not a market purchase

Non-U.S. DSU expiry December 31 of year after termination Expiry rule for DSUs granted to non-U.S. Eligible Participants

U.S. DSU expiry 90 days after termination Expiry rule for DSUs granted to U.S. Eligible Participants

Key Terms

Deferred Share Units (DSUs), economic equivalent, voting or dispositive rights, Eligible Participants

4 terms

Deferred Share Units (DSUs) financial

"Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent"

Deferred share units (DSUs) are a form of long-term compensation that give an executive or director a payable claim whose value moves with the company’s stock price but is not paid out until a later date, often when they leave the company. Think of a DSU as an IOU tied to the share price that becomes cash or shares in the future; investors watch DSUs because they affect potential share dilution, the timing of cash outflows, and whether management’s interests align with long-term shareholder value.

economic equivalent financial

"Each DSU is the economic equivalent of one share of the Issuer's common"

voting or dispositive rights financial

"shall not have any voting or dispositive rights with respect to the"

Eligible Participants regulatory

"Grants to non-U.S. Eligible Participants will expire on December 31"

FAQ

What insider transaction did NOVAGOLD (NG) report for director Ethan Schutt?

NOVAGOLD reported that director Ethan Schutt received a grant of 576 Deferred Share Units (DSUs) on September 1, 2026. The grant was recorded at a $0.00 price per unit as a compensation award, not a market purchase or sale.

How many NOVAGOLD (NG) shares or equivalents does Ethan Schutt hold after this Form 4 transaction?

After the DSU grant, Ethan Schutt is reported as directly holding 54,798 common shares or economic equivalents. This figure includes the newly granted 576 Deferred Share Units reflected in the filing.

What are Deferred Share Units (DSUs) in NOVAGOLD’s (NG) Form 4 for Ethan Schutt?

Deferred Share Units (DSUs) are awards that are the economic equivalent of one common share each. For this grant, the underlying common shares will not be issued, and carry no voting or dispositive rights, until Ethan Schutt’s service as a director ends.

When will the DSUs granted to Ethan Schutt by NOVAGOLD (NG) expire?

The DSUs expire after Ethan Schutt’s termination. For non-U.S. Eligible Participants, they expire on December 31 of the year following the termination date. For U.S. Eligible Participants, they expire 90 days after the termination date.

Does the Ethan Schutt Form 4 for NOVAGOLD (NG) involve a Rule 10b5-1 trading plan?

No. The filing’s Rule 10b5-1 checkbox is not affirmed, and the transaction is described as a grant or award of DSUs rather than an open-market trade under a trading plan.

Does Ethan Schutt have voting rights on the underlying NOVAGOLD (NG) shares for these DSUs?

No. The footnote states that the underlying common shares will not be issued to Ethan Schutt, and he will have no voting or dispositive rights with respect to those shares until his service as a director ends.

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

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Available on EDGAR 09/03/2026 - 12:33 PM Accepted by SEC EDGAR 09/03/2026 - 12:32 PM 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^*

Schutt Ethan

(Last) (First) (Middle)

C/O NOVAGOLD RESOURCES INC.

201 SOUTH MAIN STREET, SUITE 400

(Street)

SALT LAKE CITY UTAH 84111

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
09/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Shares	09/01/2026		A		576(1)	A	$0.00	54,798	D

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

Explanation of Responses:

1. 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.

Remarks:

	/s/ Sean Pettey, as attorney-in-fact for Ethan Schutt	09/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)