Royal Gold counsel sells 500 shares at $262.80

ROYAL GOLD INC (RGLD) reported that officer Randy Shefman, SVP & General Counsel, sold 500 shares of common stock on 2026-08-28 at a price of $262.80 per share in an open market or private transaction.

Rhea-AI Filing Summary

ROYAL GOLD INC (RGLD) reported that officer Randy Shefman, SVP & General Counsel, sold 500 shares of common stock on 2026-08-28 at a price of $262.80 per share in an open market or private transaction. Following this sale, Shefman directly holds 8,082 shares of Royal Gold common stock.

Insider Trade Summary

Net Seller: 500 shares

Net Sell 1 txn

Insider Shefman Randy

Role SVP & General Counsel

Sold 500 shs ($131K)

Type	Security	Shares	Price	Value
Sale	Common Stock	500	$262.80	$131K

Holdings After Transaction: Common Stock — 8,082 shares (Direct)

Key Figures

Shares sold: 500 shares Sale price per share: $262.80 per share Shares owned after transaction: 8,082 shares +1 more

4 metrics

Shares sold 500 shares Sale of ROYAL GOLD INC common stock on 2026-08-28

Sale price per share $262.80 per share Reported transaction price for the 2026-08-28 sale

Shares owned after transaction 8,082 shares Directly owned common stock following the reported sale

Net shares sold in filing 500 shares Net sell shares from transaction summary for this Form 4

Key Terms

Form 4, Common Stock, transaction code, sale in open market or private transaction

4 terms

Form 4 regulatory

"The Form 4 identifies Randy Shefman as an officer of ROYAL GOLD INC"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

Common Stock financial

"security_title": "Common Stock"

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

transaction code financial

"reported with transaction code S for a sale in an open market"

sale in open market or private transaction financial

"transaction_code_description": "Sale in open market or private transaction"

FAQ

What insider transaction did RGLD disclose for Randy Shefman?

Randy Shefman, SVP & General Counsel of ROYAL GOLD INC, reported a sale of 500 shares of common stock on 2026-08-28 at $262.80 per share in an open market or private transaction.

How many RGLD shares does Randy Shefman hold after the reported sale?

After the reported transaction, Randy Shefman directly holds 8,082 shares of ROYAL GOLD INC common stock, as stated in the Form 4 filing.

Was the August 28, 2026 RGLD insider sale a purchase or a sale?

The Form 4 for ROYAL GOLD INC shows that Randy Shefman executed a sale of 500 shares of common stock on 2026-08-28, reported with transaction code S for a sale in an open market or private transaction.

What price did Randy Shefman receive per RGLD share in the August 28, 2026 sale?

Randy Shefman’s Form 4 reports that he sold ROYAL GOLD INC common stock at $262.80 per share on 2026-08-28, with the price noted as a per-share transaction price.

Is Randy Shefman considered a company officer in the RGLD Form 4?

Yes. The Form 4 identifies Randy Shefman as an officer of ROYAL GOLD INC with the title SVP & General Counsel, and the reported sale relates to his directly owned common stock.

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

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Available on EDGAR 08/28/2026 - 05:09 PM Accepted by SEC EDGAR 08/28/2026 - 05:09 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^*

Shefman Randy

(Last) (First) (Middle)

1144 15TH STREET, SUITE 2500

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

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 & General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/28/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	08/28/2026		S		500	D	$262.8	8,082	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	08/28/2026
	** 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.
* Form 4: SEC 1474 (03-26)