Royal Gold executive gifts 463 shares of company stock

Royal Gold Inc. insider transaction: The company’s Senior Vice President and Chief Financial Officer reported a Form 4 transaction involving Royal Gold common stock.

Rhea-AI Filing Summary

Royal Gold Inc. insider transaction: The company’s Senior Vice President and Chief Financial Officer reported a Form 4 transaction involving Royal Gold common stock. On 12/17/2025, the officer disposed of 463 shares in a transaction coded "G," which indicates a gift, at a reported price of $0 per share. Following this transaction, the officer directly beneficially owns 18,832 shares of Royal Gold common stock.

Insider Trade Summary

463 shares gifted

Gift 1 txn

Insider Libner Paul

Role SVP & CFO

Type	Security	Shares	Price	Value
Gift	Common Stock	463	$0.00	$0.00

Holdings After Transaction: Common Stock — 18,832 shares (Direct)

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Royal Gold Inc (RGLD) report in this Form 4?

The Senior Vice President and Chief Financial Officer of Royal Gold Inc. reported a Form 4 transaction involving a disposition of 463 shares of Royal Gold common stock on 12/17/2025.

How many Royal Gold (RGLD) shares did the officer dispose of and how?

The officer disposed of 463 shares of Royal Gold common stock in a transaction coded "G," which denotes a gift, at a reported price of $0 per share.

How many Royal Gold (RGLD) shares does the reporting person own after the transaction?

After the reported gift, the officer directly beneficially owns 18,832 shares of Royal Gold common stock.

What is the role of the reporting person at Royal Gold Inc (RGLD)?

The reporting person is an officer of Royal Gold Inc., serving as Senior Vice President & Chief Financial Officer (SVP & CFO).

Was this Royal Gold (RGLD) insider transaction filed by one or multiple reporting persons?

This Form 4 was filed by one reporting person, as indicated by the selection "Form filed by One Reporting Person."

How was the Form 4 for Royal Gold (RGLD) signed?

The Form 4 was signed by Michelle Perry, by power of attorney, on 12/17/2025.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/17/2025 - 04:12 PM Learn about SEC filing dates

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^*

Libner Paul

(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)
	SVP & CFO

3. Date of Earliest Transaction (Month/Day/Year)
12/17/2025

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
Common Stock	12/17/2025		G		463	D	$0	18,832	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:

	Michelle Perry, by power of attorney	12/17/2025
	** 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.