Form 4: Dakota Gold Corp. Director Robert Quartermain Reports Acquisition and Disposal of Shares
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
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction involving acquisition and disposal of common stock. |
| 03/01/2025 | First tranche vesting date for restricted stock units. |
| 03/01/2026 | Second tranche vesting date for restricted stock units. |
| 03/01/2027 | Third tranche vesting date for restricted stock units. |
| 03/05/2024 | Date of signature for the Form 4 filing. |
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