Royal Gold (RGLD) VP gifts 150 shares, holds 4,282

Rhea-AI Filing Summary

Royal Gold reported an insider Form 4 for VP, Corporate Secretary & CCO David R. Crandall. On March 11, 2026, he made a bona fide gift of 150 shares of Royal Gold common stock. After this non-market transfer, he directly holds 4,282 common shares.

Insider Trade Summary

150 shares gifted

Mixed 1 txn

Insider Crandall David R

Role VP, Corporate Secretary & CCO

Type	Security	Shares	Price	Value
Gift	Common Stock	150	$0.00	--

Holdings After Transaction: Common Stock — 4,282 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Crandall David R

(Last) (First) (Middle)

1144 15TH STREET, SUITE 2500

(Street)

DENVER CO 80202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ROYAL GOLD INC [ RGLD ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP, Corporate Secretary & CCO

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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	03/11/2026		G		150	D	$0	4,282	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

Explanation of Responses:

Remarks:

	David R. Crandall	03/11/2026
	** 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 Royal Gold (RGLD) report for David R. Crandall?

Royal Gold reported that VP, Corporate Secretary & CCO David R. Crandall made a bona fide gift of 150 shares of common stock on March 11, 2026, a non-market transfer that reduced his direct holdings to 4,282 shares.

Was the recent Royal Gold (RGLD) insider transaction a stock sale or a gift?

The transaction was a bona fide gift, not an open-market sale. David R. Crandall transferred 150 Royal Gold common shares at zero reported price, which is classified under code G on Form 4 as a gift disposition.

How many Royal Gold (RGLD) shares does David R. Crandall hold after the gift?

Following the March 11, 2026 gift of 150 Royal Gold common shares, David R. Crandall’s direct ownership stands at 4,282 common shares, according to the Form 4 reporting his updated post-transaction holdings.

What does transaction code G mean in the Royal Gold (RGLD) Form 4 filing?

Transaction code G on the Royal Gold Form 4 indicates a bona fide gift. In this case, it reflects David R. Crandall’s transfer of 150 common shares as a gift, a disposition without sale proceeds or an open-market trade.

Does the Royal Gold (RGLD) Form 4 show any option exercises or derivative trades?

The Form 4 shows no derivative transactions or option exercises. It reports only one non-derivative transaction: a bona fide gift of 150 Royal Gold common shares, with post-transaction direct holdings of 4,282 shares and no listed derivative positions.