Rise Gold (RYES) CEO receives 250K RSUs and holds 250K shares after conversion
Rhea-AI Filing Summary
Rise Gold Corp. CEO and President David Watkinson reported equity compensation and a related share issuance. On January 5, 2026, he received 250,000 restricted stock units (RSUs), which the footnotes state were fully vested on the grant date, with each RSU representing the right to receive one share of common stock when vested. On January 6, 2026, these 250,000 RSUs were converted into 250,000 shares of common stock at a stated price of $0.00, reflecting a non-cash conversion of awards. Following this transaction, he directly beneficially owned 250,000 common shares. The filing also shows a holding of 1,000,000 stock options with an exercise price of $0.18 per share and an expiration date of November 20, 2030, reported as a continuing position rather than a new grant.
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FAQ
What insider transaction did Rise Gold (RYES) report for CEO David Watkinson?
The filing shows that CEO David Watkinson received 250,000 restricted stock units (RSUs) on January 5, 2026, which were fully vested on the grant date and later converted into 250,000 shares of common stock on January 6, 2026.
How many Rise Gold (RYES) shares does the CEO own after this Form 4?
After converting RSUs into equity on January 6, 2026, David Watkinson directly beneficially owned 250,000 shares of Rise Gold common stock, as reported in the filing.
What are the terms of the RSUs reported by Rise Gold (RYES) for its CEO?
The 250,000 RSUs granted on January 5, 2026 were fully vested on the date of grant, and the footnotes state that the reporting person is entitled to receive one share of common stock for each vested RSU.
Did the Rise Gold (RYES) CEO pay cash for the 250,000 shares received?
No cash was paid for the share issuance disclosed. The filing reports the 250,000 common shares acquired on January 6, 2026 at a price of $0.00 per share, reflecting conversion of previously granted RSUs.
What stock option holdings for the Rise Gold (RYES) CEO are disclosed in this Form 4?
The Form 4 reports that David Watkinson holds 1,000,000 stock options to acquire Rise Gold common stock at an exercise price of $0.18 per share, with an expiration date of November 20, 2030, shown as a continuing direct holding.
Were any RSUs cancelled or reduced for the Rise Gold (RYES) CEO?
Yes. The filing shows 250,000 RSUs acquired on January 5, 2026 and later a disposition of 250,000 RSUs on January 6, 2026, with footnotes explaining that these units were converted into 250,000 common shares.