U.S. GoldMining CEO exercises 625 stock units
CEO Timothy Robert Smith converted 625 Restricted Stock Units into common shares, increasing his direct holdings in USGO.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
U.S. GoldMining Inc. (USGO) reports that Chief Executive Officer Timothy Robert Smith exercised previously granted equity on September 16, 2026. 625 Restricted Stock Units converted into 625 shares of common stock, and his directly held common stock position increased to 57,875 shares. These units are part of a 2,500-unit grant from December 16, 2025 that vests in four equal installments.
Insider Trade Summary
625 shares exercised/converted
Exercise
2 txns
Insider
Smith Timothy Robert
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 625 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 625 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 625 contracts (Direct);
Common Stock — 57,875 shares (Direct)
Footnotes (2)
- F1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
- F2. On December 16, 2025, the reporting person was granted 2,500 Restricted Stock Units. The Restricted Stock Units vest in four equal installments, 25% shall vest 3 months from December 16, 2025 (the "Grant Date"), 25% shall vest 6 months from the Grant Date, 25% shall vest 9 months from the Grant Date, and 25% shall vest 12 months from Grant Date.
Key Figures
Restricted Stock Units exercised: 625 units
Common shares received: 625 shares
Common shares held after transaction: 57,875 shares
+2 more
5 metrics
Restricted Stock Units exercised
625 units
Units that vested and settled on September 16, 2026
Common shares received
625 shares
Shares of U.S. GoldMining common stock issued upon RSU settlement on September 16, 2026
Common shares held after transaction
57,875 shares
Direct holdings by CEO Timothy Robert Smith following the September 16, 2026 settlement
Total Restricted Stock Unit grant
2,500 units
Grant made on December 16, 2025 to the CEO
Vesting proportion per installment
25%
Each of four installments vesting 3, 6, 9, and 12 months from December 16, 2025
Key Terms
Restricted Stock Units, Grant Date, vest
3 terms
Restricted Stock Units financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Grant Date financial
"25% shall vest 3 months from December 16, 2025 (the "Grant Date"), 25% shall vest 6 months from the Grant Date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vest financial
"The Restricted Stock Units vest in four equal installments, 25% shall vest 3 months from December 16, 2025"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did USGO report for CEO Timothy Robert Smith?
U.S. GoldMining Inc. reported that CEO Timothy Robert Smith exercised 625 Restricted Stock Units on September 16, 2026, receiving 625 shares of common stock as part of a previously granted equity award that vests in four equal installments.
What is the size and vesting schedule of the CEO’s USGO Restricted Stock Unit grant?
On December 16, 2025, the CEO was granted 2,500 Restricted Stock Units. The award vests in four equal installments of 25% each, at 3, 6, 9, and 12 months from the Grant Date.
What does each USGO Restricted Stock Unit represent in this Form 4?
Each Restricted Stock Unit reported for U.S. GoldMining represents the right to receive, at settlement, one share of common stock, according to the filed footnote describing the equity award terms.
Were the CEO’s USGO transactions made under a Rule 10b5-1 trading plan?
The filing indicates that these transactions were not made under a Rule 10b5-1 trading plan, meaning they are not reported as having been executed pursuant to a pre-arranged trading program.
AI-generated analysis. How Rhea-AI works. Not financial advice.
