Form 4: Dakota Gold Corp. CFO Reports Tax Withholding Transaction

Sentiment:

SEC Form 4 Filing


Shawn Campbell, CFO of Dakota Gold Corp., reports a transaction involving the withholding of common stock to cover tax obligations related to the vesting of restricted stock units.

Summary

  • On May 12, 2025, Shawn Campbell, the Chief Financial Officer of Dakota Gold Corp., reported a transaction on SEC Form 4.
  • The transaction involved the withholding of 3,704 shares of Dakota Gold Corp. common stock to cover tax obligations.
  • These shares were withheld by the issuer in connection with the conversion of vested restricted stock units into common stock.
  • The price per share used for calculating the withholding was $3.08, based on the closing price on May 9, 2025.
  • Following the transaction, Campbell directly owns 192,854 shares of common stock and indirectly owns 234,491 shares held by his spouse.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing regarding tax withholding, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common for publicly traded companies. It doesn't necessarily reflect broader industry trends but provides transparency into executive equity holdings.

Stakeholder Impact

  • The transaction has a minor impact on shareholders as it involves the withholding of shares for tax purposes, not a direct sale on the open market.
  • It affects the CFO's equity holdings in the company.

Key Dates

DateDescription
05/09/2025Closing price of $3.08 per share of common stock on the NYSE American used for tax withholding calculation.
05/12/2025Date of the transaction involving the withholding of shares.
05/14/2025Date of signature on the SEC Form 4 filing.

Keywords

Dakota Gold Corp, Shawn Campbell, CFO, Form 4, Tax Withholding, Restricted Stock Units, Common Stock, Beneficial Ownership

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