Star Gold CEO converts 3M options to common

Star Gold Corp. CEO Lindsay Edward Gorrill reported a conversion of derivative securities into common stock.

Rhea-AI Filing Summary

Star Gold Corp. CEO Lindsay Edward Gorrill reported a conversion of derivative securities into common stock. The Form 4/A shows a conversion of 3,000,000 options, each exercisable at $0.18 per share, into common stock at a stated transaction price of $0.00 per share.

After these transactions, Gorrill directly holds 31,356,913 shares of common stock and 8,676,375 options. The options referenced in the footnote vest in stages, with 16.67% of the total option vesting every six months, subject to his continuous service, until fully vested by the stated schedule.

Insider Trade Summary

3,000,000 shares exercised/converted

Exercise 2 txns

Insider Gorrill Lindsay Edward

Role CEO

Type	Security	Shares	Price	Value
Conversion	Options	3,000,000	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Options — 8,676,375 contracts (Direct); Common Stock — 31,356,913 shares (Direct)

Footnotes (1)

1. F1. Subject to your Continuous Service Status, the Shares underlying this Option shall vest and become exercisable in accordance with the following schedule: 16.67% of the total Option each six (6) months thereafter until 100% of the total Option has vested.

Key Figures

Options converted: 3,000,000 options Option exercise price: $0.18 per share Common shares after transaction: 31,356,913 shares +3 more

6 metrics

Options converted 3,000,000 options Conversion of derivative security on June 12, 2026

Option exercise price $0.18 per share Exercise price for underlying common stock

Common shares after transaction 31,356,913 shares Direct common stock holdings following transactions

Options after transaction 8,676,375 options Remaining option position following conversion

Option expiration June 12, 2031 Expiration date of the reported options

Vesting tranche 16.67% every six months Option vesting schedule subject to continuous service

Key Terms

Conversion of derivative security, Options, Continuous Service Status, vest and become exercisable

4 terms

Conversion of derivative security financial

"transaction_code_description: Conversion of derivative security"

Options financial

"security_title: Options; underlying_security_title: CS"

Options are contracts that give investors the right to buy or sell an asset at a specific price within a certain time frame. They function like a reservation or a ticket that allows for potential profit or protection against price changes, making them useful tools for managing investment risks or speculating on market movements.

Continuous Service Status financial

"Subject to your Continuous Service Status, the Shares underlying this Option shall vest"

vest and become exercisable financial

"the Shares underlying this Option shall vest and become exercisable in accordance with the following schedule"

FAQ

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

What insider transaction did Star Gold Corp. (SRGZ) report on this Form 4/A?

Star Gold Corp. reported CEO Lindsay Edward Gorrill converting derivative securities into common stock. The filing shows a 3,000,000-option conversion at a $0.18 exercise price, resulting in updated common share and option holdings.

How many Star Gold Corp. (SRGZ) options were converted by the CEO?

The CEO converted 3,000,000 options tied to Star Gold Corp. common stock. These options carried a $0.18 per share exercise price, and the conversion updated his direct equity position in the company.

What are Lindsay Edward Gorrill’s Star Gold Corp. share holdings after the Form 4/A transactions?

Following the reported transactions, Lindsay Edward Gorrill directly holds 31,356,913 Star Gold Corp. common shares. The filing also shows he retains 8,676,375 options after the 3,000,000-option conversion.

What is the exercise price and term of the options reported for Star Gold Corp. (SRGZ)?

The options involved in the conversion have a $0.18 per share exercise price and an expiration date of June 12, 2031. This defines the cost and time window for exercising the remaining options.

How do the CEO’s Star Gold Corp. options vest according to the filing footnote?

The footnote states the options vest gradually, with 16.67% of the total option vesting every six months, subject to continuous service. This schedule continues until 100% of the option grant has vested.

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

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Accepted by SEC EDGAR 06/17/2026 - 03:13 PM EDT 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^*

Gorrill Lindsay Edward

(Last) (First) (Middle)

174 E NEIDER AVE #222

(Street)

COEUR D'ALENE IDAHO 83815

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Star Gold Corp. [ SRGZ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/12/2026

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)
06/17/2026

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								31,356,913	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
Options	$0.18	06/12/2026		C		3,000,000		12/12/2026(1)	06/12/2031	CS	3,000,000	$0	8,676,375	D

Explanation of Responses:

1. Subject to your Continuous Service Status, the Shares underlying this Option shall vest and become exercisable in accordance with the following schedule: 16.67% of the total Option each six (6) months thereafter until 100% of the total Option has vested.

	/s/ Lindsay Edward Gorrill	06/17/2026
	** 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)