Vista Gold (VGZ) CFO updates holdings after RSU exercises and tax withholding
Rhea-AI Filing Summary
Vista Gold CFO Douglas L. Tobler reported several equity compensation updates on March 13, 2026. He exercised restricted stock units (RSUs) into 283,667 common shares, reflecting previously granted awards that vested.
To cover tax obligations from the RSU vesting, the issuer withheld 127,304 common shares at $2.06 per share in a tax-withholding transaction, which is not an open-market sale. Tobler also received a new award of 163,000 RSUs, each representing a contingent right to one common share. Following these transactions, he directly holds 589,696 common shares and 163,000 RSUs, aligning his compensation with future company performance and share price criteria.
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Insights
Routine RSU vesting, grant, and tax withholding with updated holdings.
CFO Douglas L. Tobler exercised 283,667 RSU-based shares and had 127,304 shares withheld at $2.06 for taxes. These are compensation-driven events, not open-market buying or selling, and fit typical RSU settlement mechanics.
He also received a new grant of 163,000 RSUs tied to continued service and share price performance conditions described in the footnotes. After these changes, he directly owns 589,696 common shares plus 163,000 RSUs. Overall, this looks like standard executive equity compensation with no clear directional signal on Vista Gold’s valuation.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 20,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 247,000 | $0.00 | -- |
| Exercise | Restricted Stock Units | 16,667 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 163,000 | $0.00 | -- |
| Exercise | Common Shares | 20,000 | $0.00 | -- |
| Exercise | Common Shares | 247,000 | $0.00 | -- |
| Exercise | Common Shares | 16,667 | $0.00 | -- |
| Tax Withholding | Common Shares | 127,304 | $2.06 | $262K |
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of RSUs reported in Table II. Represents grant of 200,000 RSUs on March 5, 2023, which vest as follows: 60,000 over a 36-month period (1/3 at 12 months, 1/3 at 24 months and 1/3 at 36 months), subject to the reporting person's continuing service as an officer of the Issuer; and 140,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs to occur as soon as administratively feasible following the vesting date. Represents grant of 309,000 RSUs on February 26, 2024, which vest as follows: 93,000 over a 36-month period (1/3 at 12 months, 1/3 at 24 months and 1/3 at 36 months), subject to the reporting person's continuing service as an officer of the Issuer; and 216,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs to occur as soon as administratively feasible following the vesting date. Represents grant of 167,000 RSUs on March 4, 2025, which vest as follows: 50,000 over a 36-month period (1/3 at 12 months, 1/3 at 24 months, and 1/3 at 36 months), subject to the reporting person's continuing service as an officer of the Issuer; and 117,000 two years following the grant date, contingent on share price performance criteria for the Issuer's common shares during the 2-year vesting period. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date. The RSUs vest as follows: 43,000 on 3/13/2027, subject to performance criteria; 60,000 on 3/13/2029, contingent on share price performance criteria for the Issuer's common shares during the 3-year vesting period; and 60,000 on 3/13/2029, subject to performance criteria. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.
