Star Gold (SRGZ) CFO now holds 375K shares, 900K warrants
Rhea-AI Filing Summary
Star Gold Corp. officer Pascale Gerard (CFO) reported a conversion of warrants into common stock on 2026-08-12. Gerard converted 125,000 warrants (exercise price $0.08 per share) into 125,000 shares of common stock. After the transactions, Gerard directly holds 375,000 common shares and 900,000 warrants.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 125,000 shares
Net Buy
2 txns
Insider
PASCALE GERARD
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Warrants | 125,000 | $0.00 | $0.00 |
| Conversion | Common Stock | 125,000 | $0.08 | $10K |
Holdings After Transaction:
Warrants — 900,000 shares (Direct);
Common Stock — 375,000 shares (Direct)
Key Figures
Warrants Converted: 125,000 warrants
Exercise Price: $0.08 per share
Common Shares After Transaction: 375,000 shares
+2 more
5 metrics
Warrants Converted
125,000 warrants
Derivative conversion on 2026-08-12 into common stock
Exercise Price
$0.08 per share
Conversion of warrants into 125,000 common shares
Common Shares After Transaction
375,000 shares
Total common stock directly held by Pascale Gerard after conversion
Warrants After Transaction
900,000 warrants
Total warrants directly held by Pascale Gerard after disposing of 125,000
Exercise Count
1 transaction
Single derivative conversion (code C) reported in transaction summary
Key Terms
Warrants, Common Stock, Conversion of derivative security, derivative
4 terms
Warrants financial
"security_title "Warrants" with an exercise price of 0.0800"
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.
Common Stock financial
"underlying_security_title "Common Stock" received on conversion"
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.
Conversion of derivative security financial
"transaction_code_description "Conversion of derivative security""
derivative financial
"transaction_type labeled as "derivative" for the warrants"
A derivative is a financial contract whose value depends on the price or performance of another asset or measure — for example a stock, index, interest rate, commodity, or currency. Investors use derivatives like insurance or leveraged bets to hedge risk, speculate, or gain exposure without owning the underlying asset; they can protect portfolios but also amplify losses and introduce counterparty and market risk.
FAQ
What insider transaction did SRGZ CFO Pascale Gerard report on this Form 4?
CFO Pascale Gerard reported converting 125,000 warrants into 125,000 shares of Star Gold Corp. common stock on 2026-08-12. This is recorded as a conversion of a derivative security, not an open-market purchase or sale.
At what price were Pascale Gerard’s SRGZ warrants converted into common stock?
The warrants were converted at an exercise price of $0.08 per share. Gerard exchanged 125,000 warrants for 125,000 common shares, reflecting the stated conversion price rather than a market trade price on the transaction date.
How many Star Gold Corp. warrants does Pascale Gerard hold after the reported conversion?
Following the warrant conversion, Pascale Gerard’s position shows 900,000 warrants remaining. This post-transaction warrant balance is listed as “total shares following transaction” for the derivative security on the same Form 4.
Was Pascale Gerard’s SRGZ Form 4 transaction under a Rule 10b5-1 trading plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (set to false). There is no linked footnote describing a trading plan, so the conversion is reported without being designated as executed under Rule 10b5-1.
AI-generated analysis. How Rhea-AI works. Not financial advice.
