NovaGold director granted 865 deferred share units
NOVAGOLD RESOURCES INC director Dawn Patricia Whittaker reported an equity award rather than an open-market trade.
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC director Dawn Patricia Whittaker reported an equity award rather than an open-market trade. She acquired 865 Deferred Share Units (DSUs), each economically equivalent to one common share, at a price of $0.00 per unit. After this award, her directly held common share–equivalent position increased to 23,416 units. The footnote explains that the underlying common shares will not be issued, and she will have no voting or dispositive rights over those shares, until her service as a director ends, with DSU expiration timing tied to whether she is a U.S. or non-U.S. participant.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 865 | $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.
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What insider transaction did NOVAGOLD (NG) report for Dawn Patricia Whittaker?
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