U.S. GoldMining (USGO) CFO converts 250 RSUs, holds 1,500 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
U.S. GoldMining Inc.’s Chief Financial Officer Tyler Michael Wong exercised Restricted Stock Units into common stock. He acquired 250 shares of common stock through a derivative exercise at a stated price of $0.00 per share, bringing his direct holdings to 1,500 common shares and 500 Restricted Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
250 shares exercised/converted
Mixed
2 txns
Insider
Wong Tyler Michael
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 250 | $0.00 | -- |
| Exercise | Common Stock | 250 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 500 shares (Direct, null);
Common Stock — 1,500 shares (Direct, null)
Footnotes (1)
- Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock. 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, 2026 (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
Common shares acquired: 250 shares
Common shares held after: 1,500 shares
RSUs transacted: 250 units
+2 more
5 metrics
Common shares acquired
250 shares
Derivative exercise on 2026-06-16
Common shares held after
1,500 shares
Direct holdings following transaction
RSUs transacted
250 units
Restricted Stock Units converted into common stock
RSUs held after
500 units
Restricted Stock Units remaining after exercise
Original RSU grant
1,000 units
Grant on 2025-12-16 with four equal vesting installments
Key Terms
Restricted Stock Units, derivative security, vesting
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.
derivative security financial
"transaction_code_description: Exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vesting financial
"The Restricted Stock Units vest in four equal installments, 25% shall vest 3 months from December 16, 2026."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did USGO CFO Tyler Michael Wong report in this Form 4?
Tyler Michael Wong reported exercising Restricted Stock Units into common stock. He acquired 250 common shares via derivative exercise, increasing his direct holdings to 1,500 common shares and retaining 500 Restricted Stock Units as part of his equity compensation position.
What are Tyler Michael Wong’s holdings after this USGO transaction?
After the transaction, Tyler Michael Wong holds 1,500 shares of U.S. GoldMining common stock directly. He also holds 500 Restricted Stock Units, which represent rights to receive common shares in future, subject to the vesting schedule described in prior award terms.
How do the Restricted Stock Units work for U.S. GoldMining’s CFO?
Each Restricted Stock Unit represents the right to receive one USGO common share at settlement. A prior grant of 1,000 RSUs vests in four equal 25% installments tied to months after the stated Grant Date, providing staged equity compensation over time.
Is this USGO Form 4 transaction an open-market stock purchase?
No, this transaction reflects a derivative exercise of Restricted Stock Units, not an open-market purchase. The 250 common shares were issued at a stated price of $0.00 per share under the company’s equity compensation arrangements, rather than bought on the open market.