NovaGold (NG) director receives grant of 1,302 deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Whittaker Dawn Patricia reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Dawn Patricia Whittaker reported an equity compensation grant rather than a market trade. She received 1,302 Deferred Share Units (DSUs), each economically equivalent to one common share, at a price of $0.00 per unit as a grant or award.
After this grant, her reported holdings increased to 24,718 common shares or equivalents. The underlying common shares for these DSUs will only be issued after she ceases serving as a director, and she will not have voting or dispositive rights over those underlying shares until that termination event.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Whittaker Dawn Patricia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,302 | $0.00 | -- |
Holdings After Transaction:
Common Shares — 24,718 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
DSUs granted: 1,302 units
Grant price: $0.00 per unit
Holdings after grant: 24,718 shares/equivalents
+4 more
7 metrics
DSUs granted
1,302 units
Grant of Deferred Share Units to director on June 1, 2026
Grant price
$0.00 per unit
Compensation award, not a market purchase
Holdings after grant
24,718 shares/equivalents
Total common shares or equivalents following the DSU grant
Transaction type
Grant, award, or other acquisition (Code A)
Non-derivative acquisition reported on Form 4
Voting rights timing
No voting rights until termination
Underlying common shares only issued after service as director ends
Expiry for non-U.S. participants
December 31 following termination year
DSU grant expiry rule for non-U.S. Eligible Participants
Expiry for U.S. participants
90 days after termination date
DSU grant expiry rule for U.S. Eligible Participants
Key Terms
Deferred Share Units (DSUs), voting or dispositive rights, termination of the reporting person's employment or services as a director, Eligible Participants
4 terms
voting or dispositive rights regulatory
"the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares"
termination of the reporting person's employment or services as a director regulatory
"until termination of the reporting person's employment or services as a director of NOVAGOLD RESOURCES INC."
Eligible Participants regulatory
"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"
FAQ
What insider transaction did NOVAGOLD (NG) report for Dawn Patricia Whittaker?
NOVAGOLD reported that director Dawn Patricia Whittaker received a grant of 1,302 Deferred Share Units (DSUs). This is an equity compensation award at no cash cost, not an open-market purchase or sale of NOVAGOLD common shares.
When will the NOVAGOLD (NG) DSUs granted to Dawn Patricia Whittaker be issued or expire?
The underlying common shares for the DSUs will be issued only after her termination as a director. For non-U.S. participants, grants expire December 31 of the year after termination; for U.S. participants, they expire 90 days after the termination date.