U.S. GoldMining director exercises 250 RSUs

U.S. GoldMining Inc. director Aleksandra Bukacheva exercised equity awards and increased her direct common share holdings.

Rhea-AI Filing Summary

U.S. GoldMining Inc. director Aleksandra Bukacheva exercised equity awards and increased her direct common share holdings. She converted 250 Restricted Stock Units into 250 shares of common stock at a stated price of $0.00 per share. Following this transaction, she directly owns 2,250 shares of common stock and 750 Restricted Stock Units. The footnotes explain that each Restricted Stock Unit delivers one share of common stock at settlement and that 1,000 Restricted Stock Units were originally granted on December 16, 2025 with vesting in four equal installments.

Insider Trade Summary

250 shares exercised/converted

Exercise 2 txns

Insider Bukacheva Aleksandra

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	250	$0.00	$0.00
Exercise	Common Stock	250	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 750 contracts (Direct); Common Stock — 2,250 shares (Direct)

Footnotes (2)

1. F1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
2. 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.

FAQ

What insider transaction did U.S. GoldMining (USGO) director Aleksandra Bukacheva report?

U.S. GoldMining director Aleksandra Bukacheva reported exercising 250 Restricted Stock Units into 250 shares of common stock. The transaction used a stated exercise price of $0.00 per share, reflecting settlement of previously granted equity awards rather than an open-market stock purchase.

How many U.S. GoldMining (USGO) shares does Aleksandra Bukacheva hold after this Form 4?

After the reported transactions, Aleksandra Bukacheva directly holds 2,250 shares of U.S. GoldMining common stock. She also holds 750 Restricted Stock Units, which each represent the right to receive one common share upon settlement, according to the accompanying footnotes.

What equity award grant underlies Aleksandra Bukacheva’s latest U.S. GoldMining (USGO) Form 4?

The filing states that on December 16, 2025, Aleksandra Bukacheva was granted 1,000 Restricted Stock Units. These RSUs vest in four equal 25% installments, scheduled at 3, 6, 9, and 12 months from the December 16, 2025 grant date, subject to the award terms.

What does each Restricted Stock Unit represent for U.S. GoldMining (USGO) in this filing?

Each Restricted Stock Unit represents the right to receive one share of U.S. GoldMining common stock at settlement. The footnotes clarify this one-for-one settlement ratio, linking the RSU awards directly to future delivery of common shares when the units vest and are settled.

Was the U.S. GoldMining (USGO) insider transaction an open-market buy or sale?

The transaction reported was an exercise or conversion of a derivative security, not an open-market buy or sale. The Form 4 uses transaction code “M” and shows a price of $0.00 per share, indicating settlement of Restricted Stock Units into common stock.

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Accepted by SEC EDGAR 03/18/2026 - 06:05 PM 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^*

Bukacheva Aleksandra

(Last) (First) (Middle)

1830 - 1188 W.GEORGIA STREET

(Street)

VANCOUVER V6E4A2

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
U.S. GoldMining Inc. [ USGO ]

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)
03/16/2026

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	03/16/2026		M		250	A	(1)	2,250	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
Restricted Stock Units	(1)	03/16/2026		M			250	(2)	(2)	Common Stock	250	$0	750	D

Explanation of Responses:

1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.

2. 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.

	/s/ Aleksandra Bukacheva	03/18/2026
	** 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)