U.S. GoldMining (USGO) director exercises 750 RSUs into common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
U.S. GoldMining Inc. director Alastair Charles Still exercised equity awards to acquire additional common shares. On March 16, 2026, he exercised 750 Restricted Stock Units, receiving 750 shares of Common Stock at a stated price of $0.00 per share. Following this transaction, his direct holdings increased to 118,950 shares of Common Stock and 2,250 Restricted Stock Units.
The Restricted Stock Units are part of a 3,000-unit grant awarded on December 16, 2025, which vests in four equal 25% installments every three months over one year from the grant date, turning into common shares as they vest.
Positive
- None.
Negative
- None.
Insider Trade Summary
750 shares exercised/converted
Mixed
2 txns
Insider
Still Alastair Charles
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 750 | $0.00 | -- |
| Exercise | Common Stock | 750 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 2,250 shares (Direct);
Common Stock — 118,950 shares (Direct)
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 3,000 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 did U.S. GoldMining (USGO) director Alastair Still report on this Form 4?
He reported exercising equity awards to receive more shares. On March 16, 2026, he converted 750 Restricted Stock Units into 750 shares of U.S. GoldMining common stock, increasing his direct share ownership and reflecting routine compensation-related activity rather than an open-market stock purchase or sale.
What equity award did U.S. GoldMining (USGO) grant to Alastair Still and when?
He was granted 3,000 Restricted Stock Units on December 16, 2025. These RSUs vest in four equal 25% installments every three months over one year from the grant date, gradually converting into common stock as each vesting milestone is reached.
How many Restricted Stock Units vested for U.S. GoldMining (USGO) director Alastair Still in this event?
In this event, 750 Restricted Stock Units vested and were converted. Each unit represents the right to receive one share of common stock at settlement, so 750 vested RSUs resulted in 750 new shares being issued to him without an open-market purchase.
Is this U.S. GoldMining (USGO) Form 4 a stock sale or a routine vesting event?
It reflects a routine vesting and conversion event, not a market sale. The filing shows an exercise of 750 Restricted Stock Units into common stock at $0.00 per share, consistent with compensation awards rather than discretionary buying or selling on the open market.