Novagold director granted 576 deferred share units
NOVAGOLD director Kevin C. McArthur received 576 deferred share units as equity compensation that settle only after his board service ends.
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC (symbol: NG) is the issuer of record for a Form 4 filing submitted to the SEC. MCARTHUR C. KEVIN reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC (NG) director Kevin C. McArthur reported an equity-based compensation grant of 576 Deferred Share Units (DSUs) on September 1, 2026. Each DSU is the economic equivalent of one common share, awarded at $0.00 per unit, increasing his directly held equity-based position to 19,465 units/shares-equivalent. The DSUs settle in common shares only after he ceases serving as a director, and until then he has no voting or dispositive rights over the underlying common shares. No Rule 10b5-1 trading plan is reported in connection with this grant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares F1 | 576 | $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 regulatory
Eligible Participants regulatory
FAQ
What insider transaction did NG director Kevin C. McArthur report?
When will the DSUs granted to the NOVAGOLD (NG) director be settled?
Is the DSU grant to the NOVAGOLD (NG) director under a Rule 10b5-1 plan?
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