Director at U.S. Gold Corp. (USAU) adds 10,000 shares in open-market buy

Rhea-AI Filing Summary

U.S. Gold Corp. director Norman Luke Anthony, through Luke Norman Consulting Limited, reported an open-market purchase of 10,000 shares of common stock on April 8, 2026. The weighted average purchase price was $14.63 per share, with individual trades ranging from $14.50 to $14.77. Following this transaction, his indirectly held position totals 278,759 shares of U.S. Gold Corp. common stock.

Insider Trade Summary

Net Buyer: 10,000 shares ($146,300)

Net Buy 1 txn

Insider NORMAN LUKE ANTHONY

Role Director

Bought 10,000 shs ($146K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	10,000	$14.63	$146K

Holdings After Transaction: Common Stock — 278,759 shares (Indirect, By Luke Norman Consulting Limited)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.50 to $14.77, inclusive. The reporting person undertakes to provide to U.S. Gold Corp, any security holder of U.S. Gold Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4. Luke Norman Consulting Limited is 100% owned by the reporting person.

Key Figures

Shares purchased: 10,000 shares Weighted average price: $14.63 per share Trade price range: $14.50–$14.77 per share +2 more

5 metrics

Shares purchased 10,000 shares Open-market purchase on April 8, 2026

Weighted average price $14.63 per share Price for 10,000-share purchase

Trade price range $14.50–$14.77 per share Range of individual trades on April 8, 2026

Holdings after transaction 278,759 shares Indirect holdings following the reported purchase

Net buy shares 10,000 shares Net buy direction in transaction summary

Key Terms

open-market purchase, weighted average price, indirect ownership, transaction code "P"

4 terms

open-market purchase financial

"transaction_action is described as an open-market purchase"

An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.

weighted average price financial

"The price reported in Column 4 is a weighted average price."

Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.

indirect ownership financial

"direct_or_indirect is coded as I with nature_of_ownership by Luke Norman Consulting Limited"

transaction code "P" regulatory

"transaction_code "P" is described as Purchase in open market or private transaction"

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^*

NORMAN LUKE ANTHONY

(Last) (First) (Middle)

C/O U.S. GOLD CORP.

1910 E. IDAHO STREET, SUITE 102-BOX 60

(Street)

ELKO, NEVADA 89801

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
U.S. GOLD CORP. [ USAU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/08/2026

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	04/08/2026		P		10,000	A	$14.63(1)	278,759	I	By Luke Norman Consulting Limited(2)

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

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $14.50 to $14.77, inclusive. The reporting person undertakes to provide to U.S. Gold Corp, any security holder of U.S. Gold Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.

2. Luke Norman Consulting Limited is 100% owned by the reporting person.

	/s/ Eric Alexander, Attorney-in-Fact for Luke Anthony Norman	04/10/2026
	** 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 insider transaction did USAU director Norman Luke Anthony report?

Norman Luke Anthony reported an open-market purchase of 10,000 shares of U.S. Gold Corp. common stock. The trade occurred on April 8, 2026, at a weighted average price of $14.63 per share, increasing his indirectly held stake in the company.

At what prices did the USAU insider purchase shares on April 8, 2026?

The insider’s purchases were executed in multiple trades between $14.50 and $14.77 per share. The reported transaction price of $14.63 is a weighted average across these trades, as disclosed in the Form 4 footnote for U.S. Gold Corp.

How many U.S. Gold Corp. (USAU) shares does the insider hold after this Form 4?

After the reported transaction, the insider’s indirect holdings total 278,759 shares of U.S. Gold Corp. common stock. These shares are held through Luke Norman Consulting Limited, which is described as being 100% owned by the reporting person.

How is the USAU insider’s ownership structured in this Form 4 filing?

The Form 4 states the shares are held indirectly through Luke Norman Consulting Limited. Ownership is coded as indirect, with a footnote clarifying that Luke Norman Consulting Limited is 100% owned by the reporting person, linking the economic interest to him.

Was the USAU director’s April 8, 2026 trade an open-market purchase?

Yes. The Form 4 classifies the transaction code as “P,” described as a purchase in an open market or private transaction. The structured data also labels the action as an open-market purchase directed through Luke Norman Consulting Limited.