Form 4: Dakota Gold Corp. Director Robert Quartermain Reports Acquisition and Disposal of Shares

Sentiment:

SEC Form 4 Filing


Robert Quartermain, a director of Dakota Gold Corp., reported acquiring and disposing of common stock and holding restricted stock units.

Summary

  • On March 1, 2024, Robert Quartermain, a director of Dakota Gold Corp., engaged in transactions involving the company's common stock.
  • Quartermain acquired 70,755 shares of common stock.
  • Quartermain also disposed of 7,502,877 shares of common stock.
  • Following these transactions, Quartermain beneficially owns 7,502,877 shares.
  • Quartermain also holds restricted stock units (RSUs), each representing a contingent right to receive one share of Dakota Gold Corp. common stock.
  • The RSUs are scheduled to vest in three equal tranches on March 1, 2025, March 1, 2026, and March 1, 2027.

Sentiment

Score: 5

Explanation: This is a neutral report of stock transactions by a company director, with no inherent positive or negative sentiment.

Future Outlook

The document outlines the vesting schedule for restricted stock units, indicating future potential stock issuance.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Key Dates

DateDescription
03/01/2024Date of transaction involving acquisition and disposal of common stock.
03/01/2025First tranche vesting date for restricted stock units.
03/01/2026Second tranche vesting date for restricted stock units.
03/01/2027Third tranche vesting date for restricted stock units.
03/05/2024Date of signature for the Form 4 filing.

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