NOVAGOLD director granted 1,302 share units
KYLE HUME D. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
KYLE HUME D. reported acquisition or exercise transactions in this Form 4 filing.
NOVAGOLD RESOURCES INC director Kyle Hume D. received a grant of 1,302 Deferred Share Units (DSUs), recorded as common shares at no cost per share. Following this grant, his directly reported holdings total 25,486 common shares or equivalents. Each DSU is the economic equivalent of one common share but the underlying shares will not be issued, and he will not have voting or dispositive rights over them, until his service as a director ends. DSU grants for non-U.S. participants expire on December 31 of the year after termination, while grants for U.S. participants expire 90 days after termination.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,302 | $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
termination of the reporting person's employment or services regulatory
Eligible Participants regulatory
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What insider transaction did NOVAGOLD (NG) report for director Kyle Hume D.?
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