Star Gold Corp. (SRGZ) director turns 191K warrants into shares
Rhea-AI Filing Summary
Star Gold Corp. director Thomas Power reported a conversion of warrants into common stock on 2026-08-12. He converted 191,863 warrants with a conversion price of $0.08 per share into 191,863 shares of common stock. After the transactions, he held 5,000,588 common shares directly and 3,000,000 warrants remained outstanding in his derivative holdings. The transactions were not reported as made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 191,863 shares
Net Buy
2 txns
Insider
POWER THOMAS
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Warrants | 191,863 | $0.00 | $0.00 |
| Conversion | Common Stock | 191,863 | $0.08 | $15K |
Holdings After Transaction:
Warrants — 3,000,000 shares (Direct);
Common Stock — 5,000,588 shares (Direct)
Key Figures
Warrants Converted: 191,863 shares
Conversion Price: $0.08 per share
Common Shares After Transaction: 5,000,588 shares
+2 more
5 metrics
Warrants Converted
191,863 shares
Warrants converted into common stock on 2026-08-12
Conversion Price
$0.08 per share
Exercise/conversion price of warrants into common stock
Common Shares After Transaction
5,000,588 shares
Direct common stock holdings following the 2026-08-12 conversion
Warrants After Transaction
3,000,000 warrants
Derivative warrant holdings following the warrant conversion
Exercise Shares Reported
191,863 shares
Total shares involved in derivative conversion per transaction summary
Key Terms
derivative security, warrants, Rule 10b5-1, conversion of derivative security
4 terms
derivative security financial
"transaction_action is described as derivative conversion of a derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
warrants financial
"security_title is Warrants that were converted into common stock"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
Rule 10b5-1 regulatory
"transactions were not reported as made under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
conversion of derivative security financial
"transaction_code_description notes Conversion of derivative security"
FAQ
What insider transaction did Star Gold Corp. (SRGZ) report for Thomas Power?
Thomas Power reported a conversion of 191,863 warrants into 191,863 shares of common stock on 2026-08-12. The derivative-to-equity conversion used a $0.08 per share exercise price and did not involve a market purchase or sale.
What was the exercise or conversion price in Thomas Power’s Star Gold Corp. (SRGZ) warrant conversion?
The warrants were converted at a $0.08 per share price into Star Gold Corp. common stock. A total of 191,863 warrants were converted into the same number of common shares at this stated conversion price on 2026-08-12.
Were Thomas Power’s Star Gold Corp. (SRGZ) transactions under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirmative, indicating these transactions were not reported as executed under a Rule 10b5-1 trading plan or similar pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
