Vista Gold (VGZ) VP exercises 137,335 RSUs, gets 63,000 new units
Rhea-AI Filing Summary
Vista Gold Corp VP of Investor Relations Pamela A. Solly reported compensation-related equity activity involving restricted stock units and common shares. On March 13, 2026, she exercised RSUs covering 137,335 common shares at a conversion price of $0.00 per share, converting them into common shares.
She also received a grant of 63,000 RSUs, each representing a contingent right to one common share, with vesting tied to continued service and share price performance criteria described in the award terms. To cover tax withholding on the RSU vesting, 54,367 common shares were withheld at $2.06 per share.
After these transactions, she directly owned 354,913 common shares. The filing also describes multi-year vesting schedules and performance-based conditions for RSU grants made in 2023, 2024, and 2025, with settlement to occur after the applicable vesting dates.
Positive
- None.
Negative
- None.
Insights
Routine RSU vesting, new grant, and tax withholding with net share acquisition.
The transactions show Pamela A. Solly, VP of Investor Relations at Vista Gold Corp, exercising restricted stock units into 137,335 common shares at a conversion price of $0.00 per share. This is typical equity compensation settlement rather than an open-market purchase.
She also received a new award of 63,000 RSUs, with vesting tied to continued service and share price performance criteria spelled out for grants in 2023, 2024, and 2025. A tax-withholding transaction of 54,367 shares at $2.06 per share reduced the gross shares from vesting.
Following these events, she held 354,913 common shares directly. Because the only disposition was tax withholding and there were no open-market sales, the filing mainly documents compensation and does not materially change the company’s broader investment profile.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,668 | $0.00 | -- |
| Exercise | Restricted Stock Units | 118,667 | $0.00 | -- |
| Exercise | Restricted Stock Units | 9,000 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 63,000 | $0.00 | -- |
| Exercise | Common Shares | 9,668 | $0.00 | -- |
| Exercise | Common Shares | 118,667 | $0.00 | -- |
| Exercise | Common Shares | 9,000 | $0.00 | -- |
| Tax Withholding | Common Shares | 54,367 | $2.06 | $112K |
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 96,000 RSUs on March 5, 2023, which vest as follows: 29,000 over a 36-months 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 67,000 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 Represents grant of 148,000 RSUs on February 26, 2024, which vest as follows: 44,000 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 104,000 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. Represents grant of 91,000 RSUs on March 4, 2025, which vest as follows: 27,000 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 64,000 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: 19,000 on 3/13/2027, subject to performance criteria; 22,000 on 3/13/2029, contingent on share price performance criteria for the Issuer's common shares during the 3-year vesting period; and 22,000 on 3/13/2029, subject to performance criteria. Settlement of vested RSUs will occur as soon as administratively feasible following the vesting date.
