Star Gold Corp. (SRGZ) director converts 500,000 options into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Star Gold Corp. director Thomas Power converted derivative securities into common shares. On April 30, 2026, he acquired 500,000 shares of Common Stock through a conversion of derivative security at an indicated price of $0.06 per share. After the transaction, his direct holdings increased to 4,808,725 shares of Common Stock, while his remaining direct derivative holdings were 191,863 Options. This filing reflects a non-market, compensation-related change in how his ownership is structured rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
0 shares exercised/converted
Mixed
2 txns
Insider
POWER THOMAS
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Options | 0 | $0.00 | -- |
| Conversion | Common Stock | 500,000 | $0.06 | $30K |
Holdings After Transaction:
Options — 191,863 shares (Direct, null);
Common Stock — 4,808,725 shares (Direct, null)
Footnotes (1)
Key Figures
Common shares acquired: 500,000 shares
Indicated share price: $0.06 per share
Shares held after transaction: 4,808,725 shares
+2 more
5 metrics
Common shares acquired
500,000 shares
Conversion of derivative security on April 30, 2026
Indicated share price
$0.06 per share
Price associated with the 500,000 Common Stock shares
Shares held after transaction
4,808,725 shares
Total Common Stock directly owned after conversion
Options remaining after conversion
191,863 options
Direct derivative holdings after 500,000-share conversion
Exercise price of options
$0.06
Conversion or exercise price for related Options
Key Terms
Conversion of derivative security, Common Stock, Options, derivative
4 terms
Conversion of derivative security financial
"transaction_code_description": "Conversion of derivative security""
Common Stock financial
"security_title": "Common Stock""
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.
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.
derivative financial
"transaction_type": "derivative""
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.
