Deferred share award for NovaGold (NG) director Daniel Muniz Quintanilla
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Muniz Quintanilla Daniel reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Daniel Muniz Quintanilla received an award of 865 common-share-equivalent Deferred Share Units at no cost. After this grant, his reported holdings total 45,886 common shares. Each DSU is economically equal to one common share but does not deliver actual shares or voting rights until his board service ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Muniz Quintanilla Daniel
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 865 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 45,886 shares (Direct)
Footnotes (1)
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FAQ
What did the NOVAGOLD (NG) Form 4 filing report for Daniel Muniz Quintanilla?
The filing reported that director Daniel Muniz Quintanilla received a grant of 865 Deferred Share Units. These units are economically equivalent to common shares and increased his reported holdings to 45,886 common shares following the transaction.
Does the NOVAGOLD (NG) director have voting rights on the DSUs now?
He does not currently have voting or dispositive rights over the underlying common shares tied to the DSUs. Those rights, and issuance of the actual shares, only arise after his employment or director service with NOVAGOLD RESOURCES INC terminates.