Form 4: Dakota Gold CEO Sells Shares for Tax Obligations

Dakota Gold Corp. CEO Robert Quartermain sold 37,702 shares of common stock to cover tax withholding obligations related to vested restricted stock units.

Summary

• Robert Quartermain, CEO and Director of Dakota Gold Corp. (DC), reported a sale of 37,702 shares of common stock.
• The transaction occurred on March 4, 2026, at a weighted average price of $6.3216 per share.
• The sale was solely for the purpose of satisfying tax withholding obligations in connection with the conversion of 68,882 restricted stock units (RSUs) into common stock.
• The RSUs vested on March 1, 2026, and March 3, 2026.
• Following this transaction, Robert Quartermain beneficially owns 7,996,675 shares of common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine administrative transaction for tax purposes related to executive compensation, rather than a discretionary sale based on company outlook.

Future Outlook

No forward-looking statements or guidance were provided in this filing.

Industry Context

StockSavvy.ai notes that sales of shares by executives to cover tax withholding obligations upon the vesting of restricted stock units are a routine administrative event in executive compensation. Such transactions are generally not indicative of management's sentiment regarding the company's future performance or a strategic divestment.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-discretionary sale for tax purposes, not signaling a change in company fundamentals or management's long-term view.

Key Dates

Keywords

Dakota Gold Corp, DC, Robert Quartermain, CEO, Director, Insider Transaction, Form 4, Stock Sale, Restricted Stock Units, Tax Withholding