Star Gold (SRGZ) CFO converts 900,000 options into common stock at $0.18

Rhea-AI Filing Summary

Star Gold Corp. CFO Pascale Gerard converted derivative securities into common stock. On June 12, 2026, Gerard completed a conversion of options covering 900,000 shares of Star Gold Corp. common stock at a conversion price of $0.18 per share.

The Form 4 also shows direct ownership of 250,000 shares of common stock following the reported non-derivative entry. A footnote explains that the option shares vest in 16.67% increments every six months, subject to continuous service, until fully vested.

Insider Trade Summary

900,000 shares exercised/converted

Mixed 2 txns

Insider PASCALE GERARD

Role CFO

Type	Security	Shares	Price	Value
Conversion	Options	900,000	$0.00	--
holding	Common Stock	--	--	--

Holdings After Transaction: Options — 1,025,000 shares (Direct, null); Common Stock — 250,000 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Options converted: 900,000 shares Conversion price: $0.18 per share Common stock held: 250,000 shares +3 more

6 metrics

Options converted 900,000 shares Underlying common shares in derivative conversion on June 12, 2026

Conversion price $0.18 per share Conversion or exercise price for options

Common stock held 250,000 shares Direct non-derivative common stock following reported holding

Vesting tranche 16.67% Portion of option vesting every six months, subject to service

Exercise date December 12, 2026 Listed exercise date for the option award

Expiration date June 12, 2031 Option expiration date for the derivative security

Key Terms

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

4 terms

Conversion of derivative security financial

"transaction_code_description: Conversion of derivative security"

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"

Options financial

"security_title: Options"

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.

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Form 4 Insider Transactions: What Each Field Means →

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^*

PASCALE GERARD

(Last) (First) (Middle)

71 HEARTHSTONE CIRCLE

(Street)

BLUFFTON SOUTH CAROLINA 29910

(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)

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

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)

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								250,000	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		900,000		12/12/2026(1)	06/12/2031	CS	900,000	$0	1,025,000	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/ Gerard Pascale	06/16/2026
	** 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)

FAQ

What did Star Gold Corp. (SRGZ) CFO Pascale Gerard report in this Form 4?

Pascale Gerard reported a conversion of options into common stock. The filing shows a derivative conversion covering 900,000 underlying common shares at a $0.18 conversion price, plus a non-derivative holding of 250,000 common shares directly.

How many Star Gold Corp. (SRGZ) shares does Pascale Gerard hold after the reported transaction?

The Form 4 shows Pascale Gerard directly holding 250,000 shares of Star Gold Corp. common stock. This figure appears in the non-derivative section as the total number of common shares owned following the reported holding entry on June 12, 2026.

What are the key terms of the options converted by Pascale Gerard at Star Gold Corp. (SRGZ)?

The options relate to 900,000 underlying common shares with a conversion or exercise price of $0.18 per share. A footnote states the option vests 16.67% every six months, subject to continuous service, until 100% of the total option has vested.

Was the Star Gold Corp. (SRGZ) Form 4 transaction a purchase or sale on the open market?

The Form 4 describes a conversion of derivative securities rather than an open-market trade. The transaction code is "C" for conversion, and the classification shows a derivative conversion acquiring 900,000 underlying common shares at a specified exercise price.

What does the vesting schedule footnote mean in Star Gold Corp. (SRGZ) CFO’s Form 4?

The footnote explains that the option vests in stages if service continues. Specifically, 16.67% of the total option vests every six months until all option shares have vested, meaning Gerard must maintain continuous service to receive the full 900,000-share benefit.

How many derivative transactions were reported in this Star Gold Corp. (SRGZ) Form 4?

The transaction summary indicates one derivative transaction on the filing date. This transaction is a conversion of options covering 900,000 underlying common shares, classified as an acquisition through derivative conversion rather than a traditional buy or sell.