U.S. GoldMining director exercises 250 stock units
Director Laura Schmidt settled 250 RSUs into common stock in September 2026, increasing her direct USGO shareholdings to 2,133 shares.
Rhea-AI Filing Summary
U.S. GoldMining Inc. (USGO) director Laura Schmidt reported the exercise of 250 Restricted Stock Units on September 16, 2026, which settled into 250 shares of common stock. After this settlement, she directly held 2,133 shares of common stock and 250 Restricted Stock Units, and no transactions are reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
250 shares exercised/converted
Exercise
2 txns
Insider
Schmidt Laura
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F1, F2 | 250 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 250 | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 250 contracts (Direct);
Common Stock — 2,133 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 1,000 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: 250 units
Common shares acquired from RSU settlement: 250 shares
Common shares held after transaction: 2,133 shares
+3 more
6 metrics
Restricted Stock Units exercised
250 units
Exercised and settled into common stock on September 16, 2026
Common shares acquired from RSU settlement
250 shares
Shares of U.S. GoldMining common stock received on September 16, 2026
Common shares held after transaction
2,133 shares
Direct holdings of Laura Schmidt after the September 16, 2026 transactions
Remaining Restricted Stock Units
250 units
Derivative holdings following the September 16, 2026 settlement
Original RSU grant
1,000 units
Restricted Stock Units granted on December 16, 2025
RSU vesting installments
4 installments of 25% each
Vesting every 3 months from December 16, 2025 through 12 months from grant date
Key Terms
Restricted Stock Units, vest, settlement
3 terms
Restricted Stock Units financial
"On December 16, 2025, the reporting person was granted 1,000 Restricted Stock Units."
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.
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.
settlement financial
"Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock."
Settlement is the process of completing a financial transaction, like buying or selling a stock, by transferring money and ownership between parties. It ensures that both the buyer gets the asset and the seller gets paid, making the deal official. Without settlement, the transaction wouldn't be finalized or legally recognized.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transactions did USGO director Laura Schmidt report on this Form 4?
Laura Schmidt reported exercising 250 Restricted Stock Units on September 16, 2026, which settled into 250 shares of common stock. This reduced her RSU balance and increased her direct common stock holdings.
What was the original U.S. GoldMining (USGO) RSU grant to Laura Schmidt and how does it vest?
On December 16, 2025, Laura Schmidt was granted 1,000 Restricted Stock Units. The units vest in four equal installments of 25% each, at 3, 6, 9 and 12 months from the grant date.
Were Laura Schmidt’s USGO transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates that these transactions were not made under a Rule 10b5-1 trading plan, as the related checkbox is not marked.
AI-generated analysis. How Rhea-AI works. Not financial advice.