Royal Gold director granted 561 phantom shares

Sokalsky Jamie C reported acquisition or exercise transactions in this Form 4 filing.

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Rhea-AI Filing Summary

Sokalsky Jamie C reported acquisition or exercise transactions in this Form 4 filing.

Royal Gold Inc. director Jamie C. Sokalsky reported receiving a grant of 561 shares of phantom stock on February 26, 2026. The filing notes that each phantom stock share is the economic equivalent of one share of Royal Gold common stock and was awarded at no cash cost to the director.

Insider Trade Summary

Grant/Award: 561 shares

Grant/Award 1 txn

Insider Sokalsky Jamie C

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Stock	561	$0.00	$0.00

Holdings After Transaction: Phantom Stock — 561 contracts (Direct)

Footnotes (1)

F1. Each share of phantom stock is the economic equivalent of one share of common stock.

FAQ

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What insider transaction did Royal Gold (RGLD) report for Jamie C. Sokalsky?

Royal Gold reported that director Jamie C. Sokalsky received a grant of 561 phantom stock shares. The award was recorded on February 26, 2026, and represents compensation that tracks the value of Royal Gold common stock on a one-for-one economic basis.

How many phantom stock shares did the Royal Gold director acquire?

Jamie C. Sokalsky acquired 561 phantom stock shares. After the transaction, he directly held 561 phantom stock shares, each economically equivalent to one share of Royal Gold common stock, reflecting a new equity-based compensation award rather than an open-market purchase or sale.

What does phantom stock mean in Royal Gold’s Form 4 filing?

In this filing, each share of phantom stock is described as the economic equivalent of one share of Royal Gold common stock. That means the value of the phantom stock mirrors the common stock’s value, functioning as a cashless, stock-linked compensation instrument for the director.

Was the Royal Gold phantom stock grant to Jamie C. Sokalsky a purchase or an award?

The transaction is classified as a grant or award acquisition, not a market purchase. The Form 4 uses transaction code “A” and states the price per share as 0.0000, indicating the director received the 561 phantom stock shares as compensation at no cash cost.

Does the Royal Gold Form 4 show any stock sales by Jamie C. Sokalsky?

The Form 4 shows no stock sales by Jamie C. Sokalsky. It reports only one transaction, an acquisition of 561 phantom stock shares as a grant or award, with no dispose-type or sell-type transactions listed in the transaction summary section.

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Accepted by SEC EDGAR 03/02/2026 - 06:43 PM EST

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^*

Sokalsky Jamie C

(Last)

(First)

(Middle)

1144 15TH STREET, SUITE 2500

(Street)

DENVER

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)

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

3. Date of Earliest Transaction (Month/Day/Year)
02/26/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Phantom Stock	⁽¹⁾	02/26/2026		A		561		⁽¹⁾	⁽¹⁾	Common Stock	561	$0	561	D

Explanation of Responses:

1. Each share of phantom stock is the economic equivalent of one share of common stock.

Remarks:

	Michelle Perry, by power of attorney	03/02/2026
	** 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.

Source: View Original Filing on SEC EDGAR