Paramount Gold Nevada Corp. (PZG) grants CEO RSUs tied to permits and 2026 share performance

Rhea-AI Filing Summary

Paramount Gold Nevada Corp. reported that Chief Executive Officer and Director Rachel Goldman received new restricted stock unit (RSU) awards on 12/22/2025. Each RSU is equivalent to one share of the company’s common stock.

The filing shows multiple RSU grants, each tied to 40,000 underlying shares of common stock, with different vesting conditions. One grant vests upon receipt of final state and federal permits for the Grassy Mountain Project. A second vests if the company’s share price outperforms the average share price of 12 peer group companies over the 12‑month period ending December 31, 2026. A third vests three years from the grant date. All grants are held directly by Goldman as equity-based compensation.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Goldman Rachel Louise

(Last) (First) (Middle)

665 ANDERSON STREET

(Street)

WINNEMUCCA NV 89445

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Paramount Gold Nevada Corp. [ PZG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
RSU	(1)	12/22/2025		A		61,034		(2)	(3)	Common Stock	40,000	$0	288,534	D
RSU	(1)	12/22/2025		A		61,033		(4)	(5)	Common Stock	40,000	$0	349,567	D
RSU	(1)	12/22/2025		A		61,033		(6)	(7)	Common Stock	40,000	$0	410,600	D

Explanation of Responses:

1. Each restricted stock unit is equivalent to one share of the Company's common stock.

2. The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest on the receipt of the final state and federal permits for the Grassy Mountain Project.

3. The restricted stock units will vest and be delivered to the reporting person upon the delivery of the final state and federal permits for the Grassy Mountain Project.

4. The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest upon the Company's share price outperforming the average share price of the 12 peer group companies over the 12 month period ending December 31, 2026.

5. The restricted stock units will vest and be delivered to the reporting person upon the Company's share price outperforming the average share price of the 12 peer group companies over the 12 month period ending December 31, 2026.

6. The restricted stock units were granted under the 2016 Stock Incentive and Equity Compensation Plan and will vest three years from the date of grant.

7. The restricted stock units will vest and be delivered to the reporting person three years from date of grant.

	Rachel Goldman	12/30/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Paramount Gold Nevada Corp. (PZG) report?

The company reported that its Chief Executive Officer and Director, Rachel Goldman, received multiple restricted stock unit (RSU) awards on 12/22/2025 as equity compensation.

How many Paramount Gold Nevada (PZG) shares are tied to each new RSU grant?

Each reported restricted stock unit grant is tied to 40,000 shares of Paramount Gold Nevada Corp. common stock, and each RSU is equivalent to one share.

What are the vesting conditions for the RSUs granted to the Paramount Gold Nevada CEO?

One RSU grant vests upon receipt of final state and federal permits for the Grassy Mountain Project, one vests if the company’s share price outperforms the average share price of 12 peer companies over the 12‑month period ending December 31, 2026, and one vests three years from the grant date.

Under which plan were the new Paramount Gold Nevada (PZG) RSUs granted?

The restricted stock units were granted under the company’s 2016 Stock Incentive and Equity Compensation Plan.

How will the RSUs be delivered to the Paramount Gold Nevada CEO once vested?

The RSUs will vest and be delivered to the reporting person in shares of common stock upon satisfaction of the specified conditions, including permits for the Grassy Mountain Project, share price outperformance through December 31, 2026, or three years from the grant date.

Is Rachel Goldman’s ownership in Paramount Gold Nevada reported as direct or indirect?

The filing indicates that the RSUs and the derivative securities beneficially owned following the reported transactions are held in direct ownership.