NOVAGOLD director awarded 432 deferred share units
MCARTHUR C. KEVIN reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
MCARTHUR C. KEVIN reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Kevin C. McArthur reported an award of 432 Common Share–equivalent Deferred Share Units on March 2, 2026. These DSUs carry no current voting or dispositive rights, and the underlying common shares will only be issued after his service as a director ends.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 432 shares
Grant/Award
1 txn
Insider
MCARTHUR C. KEVIN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 432 | $0.00 | $0.00 |
Holdings After Transaction:
Common Shares — 18,238 shares (Direct)
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NOVAGOLD (NG) report for Kevin C. McArthur?
NOVAGOLD reported that director Kevin C. McArthur received a grant of 432 Deferred Share Units on March 2, 2026. Each DSU is economically equivalent to one common share but does not provide immediate voting or dispositive rights until his board service ends.
Does Kevin C. McArthur have voting rights on the NOVAGOLD (NG) DSUs?
He does not currently have voting or dispositive rights on the underlying common shares for these DSUs. Those rights begin only when the actual common shares are issued following his termination of employment or service as a director.
AI-generated analysis. How Rhea-AI works. Not financial advice.