Form 4: Dakota Gold Corp. CFO Reports Tax Withholding Transaction
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
| Date | Description |
|---|---|
| 05/09/2025 | Closing price of $3.08 per share of common stock on the NYSE American used for tax withholding calculation. |
| 05/12/2025 | Date of the transaction involving the withholding of shares. |
| 05/14/2025 | Date 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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