Solitario Resources (XPL) director John Labate reports 165,000 new stock options

Rhea-AI Filing Summary

Solitario Resources Corp. director reports new stock option grant. Director John Labate filed a Form 4 disclosing a grant of stock options on 12/02/2025. He received options to purchase 165,000 shares of Solitario Resources common stock at an exercise price of $0.63 per share. These options are exercisable starting 12/02/2025 and expire on 12/01/2030. Following this grant, Labate beneficially owns 500,000 derivative securities related to Solitario common stock, held in direct ownership.

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

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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^*

LABATE JOHN A

(Last) (First) (Middle)

(Street)

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SOLITARIO RESOURCES CORP. [ xpl ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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
stock option	$0.63	12/02/2025		A		165,000		12/02/2025	12/01/2030	common	165,000	$0.63	500,000	D

Explanation of Responses:

	John Labate	12/03/2025
	** 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.

FAQ

What insider transaction did Solitario Resources (XPL) disclose in this Form 4?

The filing shows that director John Labate received a grant of stock options on 12/02/2025 to purchase 165,000 shares of Solitario Resources common stock.

What is the exercise price of John Labates new Solitario Resources (XPL) stock options?

The stock options granted to John Labate have an exercise price of $0.63 per share for Solitario Resources common stock.

When do the new Solitario Resources (XPL) stock options for John Labate start and end?

The options are exercisable starting on 12/02/2025 and have an expiration date of 12/01/2030, giving a defined window in which they can be exercised.

How many derivative securities does John Labate own after this transaction in Solitario Resources (XPL)?

After the reported transaction, John Labate beneficially owns 500,000 derivative securities related to Solitario Resources common stock, held as direct ownership.

What is John Labates relationship to Solitario Resources (XPL)?

John Labate is identified as a director of Solitario Resources Corp. in the Form 4 filing.

Is this Solitario Resources (XPL) Form 4 filed by multiple insiders or a single person?

The Form 4 is marked as filed by one reporting person, indicating it covers only John Labates holdings and transactions.