Royal Gold (RGLD) director sells 2,000 common shares

Rhea-AI Filing Summary

Royal Gold Inc. director Mark Isto reported an open-market sale of 2,000 shares of common stock. The transaction occurred on March 12, 2026 at a price of $274.83 per share. After this sale, Isto directly holds 20,043 Royal Gold shares.

Insider Trade Summary

Net Seller: 2,000 shares ($549,660)

Net Sell 1 txn

Insider Isto Mark

Role Director

Sold 2,000 shs ($550K)

Type	Security	Shares	Price	Value
Sale	Common Stock	2,000	$274.83	$550K

Holdings After Transaction: Common Stock — 20,043 shares (Direct)

Footnotes (1)

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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^*

Isto Mark

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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	03/12/2026		S		2,000	D	$274.83	20,043	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	03/12/2026
	** 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) director Mark Isto report?

Director Mark Isto reported selling 2,000 Royal Gold common shares in an open-market transaction. The sale took place on March 12, 2026, and was executed at a price of $274.83 per share, according to the Form 4 filing.

At what price did Mark Isto sell Royal Gold (RGLD) shares in this Form 4?

Mark Isto sold 2,000 Royal Gold common shares at $274.83 per share. This price reflects the average transaction price reported for the March 12, 2026 open-market sale disclosed in the Form 4 insider trading report.

How many Royal Gold (RGLD) shares does Mark Isto own after the reported sale?

Following the reported sale, Mark Isto directly owns 20,043 Royal Gold common shares. This post-transaction holding figure is explicitly stated in the Form 4 and reflects his remaining direct ownership after selling 2,000 shares.

Was the Royal Gold (RGLD) insider transaction by Mark Isto a purchase or a sale?

The insider transaction was a sale. The Form 4 classifies it with transaction code “S” and describes it as an open-market sale of 2,000 Royal Gold common shares by director Mark Isto at $274.83 per share on March 12, 2026.

Does Mark Isto’s Form 4 show any Royal Gold (RGLD) derivative transactions?

No derivative transactions are reported in this Form 4. The filing shows only one non-derivative transaction: an open-market sale of 2,000 Royal Gold common shares, with no stock options, warrants, or other derivatives listed in the derivative summary.