Paramount Gold Major Shareholder Buys 416,000 Shares at $0.60 Each
FCMI Parent Co., a 10% owner of Paramount Gold Nevada Corp (PZG), has acquired 416,000 shares of common stock at $0.60 per share on June 13, 2025.
Rhea-AI Filing Summary
FCMI Parent Co., a 10% owner of Paramount Gold Nevada Corp (PZG), has acquired 416,000 shares of common stock at $0.60 per share on June 13, 2025. Following this transaction, FCMI Parent Co. and its affiliated entities now beneficially own a total of 9,692,310 shares.
The ownership structure breaks down as follows:
- FCMI Parent Co. directly owns 5,791,000 shares
- Buckingham Charitable Foundation owns 3,901,310 shares
Albert Friedberg, who serves as President of FCMI Parent Co. and Trustee of Buckingham Charitable Foundation, maintains control over these holdings. FCMI Parent Co. is owned by Mr. Friedberg and his family members. This Form 4 filing was signed by Dan Scheiner on June 17, 2025, reporting the transaction under Section 16(a) of the Securities Exchange Act.
Positive
- 10% owner FCMI Parent Co. purchased 416,000 shares at $0.60 per share, representing a $249,600 open market purchase, demonstrating insider confidence
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 416,000 | $0.60 | $250K |
Footnotes (1)
- F1. Of such 9,692,310 shares, 5,791,000 shares are owned directly by FCMI Parent Co., and 3,901,310 shares are owned directly by the Buckingham Charitable Foundation. The Buckingham Charitable Foundation is a Canadian Registered Charity of which Albert Friedberg is a Trustee. All the shares purchased in Table I were purchased directly by FCMI Parent Co. Mr. Albert D. Friedberg is the President of FCMI Parent Co., which is owned by Mr. Friedberg and members of his family and controlled by Mr. Friedberg.
FAQ
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What is FCMI Parent Co.'s total beneficial ownership of PZG stock after the June 2025 transaction?
Who controls FCMI Parent Co.'s ownership in PZG?
What is the relationship between Buckingham Charitable Foundation and PZG's ownership structure?
What percentage owner is FCMI Parent Co. of Paramount Gold Nevada Corp (PZG)?
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