Paramount Gold Nevada (PZG) director gets 20,000 shares from RSU vesting

Rhea-AI Filing Summary

Paramount Gold Nevada Corp. director Pierre Pelletier reported the vesting and settlement of 20,000 restricted stock units into 20,000 shares of common stock on January 26, 2026. The RSU award was granted on January 26, 2024 and vested after meeting its required condition. Following this transaction, Pelletier directly holds 160,000 shares of common stock and 25,500 RSUs, with each RSU representing the right to receive one share of common stock at settlement.

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^*

Pelletier Pierre Clement

(Last) (First) (Middle)

625 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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
01/26/2026

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
Common Stock	01/26/2026		M		20,000	A	(1)	160,000	D

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)	01/26/2026		M			20,000	(2)	(2)	Common Stock	20,000	(1)	25,500	D

Explanation of Responses:

1. Each restricted stock unit represents the right to receive, at settlement, one share of common stock. The transaction represents the settlement of restricted stock units in shares of common stock on meeting their vesting criteria.

2. This award was granted on January 26, 2024 and vested upon meeting the required vesting condition.

	Pierre Pelletier	01/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did PZG director Pierre Pelletier report?

Director Pierre Pelletier reported settlement of 20,000 restricted stock units into 20,000 Paramount Gold Nevada Corp. common shares. The RSUs vested after meeting required conditions, converting into stock without a stated cash exercise price per share.

When did Pierre Pelletier’s 20,000 RSUs in PZG vest and settle?

Pelletier’s 20,000 restricted stock units vested and settled into common shares on January 26, 2026. The award was originally granted on January 26, 2024 and became deliverable once the specified vesting condition was satisfied.

How many Paramount Gold Nevada (PZG) shares does Pierre Pelletier own after this Form 4?

After the reported transaction, Pierre Pelletier directly owns 160,000 shares of Paramount Gold Nevada common stock. He also holds 25,500 restricted stock units, each representing a right to receive one additional share at settlement.

What does each RSU reported by PZG director Pelletier represent?

Each restricted stock unit reported by Pelletier represents the right to receive one share of Paramount Gold Nevada common stock upon settlement. The transaction reflects RSUs converting into shares once vesting criteria and required conditions were met.

Was cash paid for the 20,000 PZG shares received by Pierre Pelletier?

The Form 4 lists a transaction price of $0.0000 per share for both the RSUs and resulting common stock. This indicates the 20,000 shares were received through vesting and settlement of restricted stock units rather than a cash purchase.

What are the key dates for Pierre Pelletier’s RSU award in PZG?

The RSU award was granted on January 26, 2024, according to the footnotes. It vested and settled into 20,000 shares of Paramount Gold Nevada common stock on January 26, 2026, after satisfying the required vesting condition.