Star Gold president converts warrants to shares

Star Gold Corp. president and director David Segelov increased his direct equity stake through a derivative conversion.

Rhea-AI Filing Summary

Star Gold Corp. president and director David Segelov increased his direct equity stake through a derivative conversion. He converted warrants with a $0.08 exercise price into 2,469,275 shares of Common Stock at a reported $0.04 per share. Following these transactions, he directly owns 3,340,424 shares of Star Gold common stock. The filing shows no remaining derivative positions after this conversion.

Insights

Equity compensation and insider trading analyst

Segelov converts warrants into common shares, modestly increasing direct ownership.

Star Gold Corp. president David Segelov executed a derivative conversion, turning warrants with a $0.08 exercise price into Common Stock. The non-derivative entry shows 2,469,275 shares at $0.04 per share, indicating a paper valuation for the acquired stock.

After the conversion, Segelov directly owns 3,340,424 shares, and the data shows no remaining derivative holdings. This kind of exercise-and-hold style transaction is typically viewed as a routine adjustment of equity exposure rather than a strong directional signal, especially with no open-market buying or selling reported here.

Insider Trade Summary

0 shares exercised/converted

Exercise 2 txns

Insider SEGELOV DAVID

Role President

Type	Security	Shares	Price	Value
Conversion	Warrants	0	$0.00	$0.00
Conversion	Common Stock	2,469,275	$0.04	$99K

Holdings After Transaction: Warrants — 1,834,638 contracts (Direct); Common Stock — 3,340,424 shares (Direct)

Key Figures

Warrant exercise price: $0.08 per share Common shares acquired: 2,469,275 shares Price per common share (conversion entry): $0.04 per share +2 more

5 metrics

Warrant exercise price $0.08 per share Exercise price on warrants converted on February 27, 2026

Common shares acquired 2,469,275 shares Common Stock received via derivative conversion on February 27, 2026

Price per common share (conversion entry) $0.04 per share Reported transaction price for Common Stock acquired

Underlying shares for warrants 1,234,638 shares Common shares underlying converted warrants

Post-transaction holdings 3,340,424 shares Total Star Gold Common Stock directly owned after conversion

Key Terms

derivative conversion, Conversion of derivative security, Warrants, Common Stock

4 terms

derivative conversion financial

"transaction_action": "derivative conversion""

Conversion of derivative security financial

"transaction_code_description": "Conversion of derivative security""

Warrants financial

"security_title": "Warrants""

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

"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.

FAQ

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

What insider transaction did Star Gold (SRGZ) report for David Segelov?

Star Gold reported that president David Segelov completed a derivative conversion, turning warrants into 2,469,275 shares of Common Stock. The transaction used a $0.08 exercise price on the warrants and a recorded $0.04 per-share value for the common stock received.

How many Star Gold (SRGZ) shares does David Segelov own after this Form 4?

After the reported transactions, David Segelov directly owns 3,340,424 shares of Star Gold Common Stock. This figure reflects his position following the conversion of warrants into common shares and represents his updated direct equity stake as disclosed in the Form 4 filing.

What type of security did David Segelov convert into Star Gold (SRGZ) common stock?

David Segelov converted warrants, classified as a derivative security, into Star Gold Common Stock. The warrants carried an exercise price of $0.08 per underlying share and were converted into common shares as described by the Form 4’s “Conversion of derivative security” transaction code.

What were the key prices in David Segelov’s Star Gold (SRGZ) warrant conversion?

The warrant conversion used a $0.08 per-share exercise price for the derivative security, while the acquired Common Stock entry shows a transaction price of $0.04 per share. These prices frame the economics of the derivative conversion reported in the Form 4 transaction data.

Does the Star Gold (SRGZ) Form 4 show remaining derivative holdings for David Segelov?

The Form 4 data show an empty derivativeSummary, indicating no remaining derivative positions reported after this conversion. The key change is the movement from warrants into Common Stock, leaving Segelov with a disclosed direct holding of 3,340,424 Star Gold common shares.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 04/10/2026 - 10:16 AM 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^*

SEGELOV DAVID

(Last) (First) (Middle)

156 WILBUR ROAD

(Street)

BERGENFIELD NEW JERSEY 07621

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
02/27/2026

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	02/27/2026		C		2,469,275	A	$0.04	3,340,424	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
Warrants	$0.08	02/27/2026		C		0		02/27/2026	02/26/2027	Common	1,234,638	$0	1,834,638	D

Explanation of Responses:

	/s/ David Segelov	04/06/2026
	** 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)