Form 4: Dakota Gold Corp. Executive Trades Shares

Sentiment:

Statement of Changes in Beneficial Ownership


Dakota Gold Corp. Chief Financial Officer Shawn Campbell reports significant transactions involving company stock and stock options.

Summary

  • Shawn Campbell, Chief Financial Officer of Dakota Gold Corp., has reported transactions involving common stock and stock options.
  • On April 20, 2026, Campbell acquired 300,000 shares of common stock at a price of $4.76 per share.
  • In connection with the conversion of stock options, 232,573 shares were withheld by the Issuer for exercise price payment, based on a closing price of $6.14 per share.
  • Additionally, 18,830 shares were sold to satisfy tax withholding obligations at a weighted average price of $6.2201.
  • Following these transactions, Campbell beneficially owns 327,577 shares directly and 308,747 shares directly.
  • A total of 296,736 shares are held indirectly by his spouse.
  • The stock options acquired were for 300,000 shares with an exercise price of $4.76, vesting in thirds on May 17, 2021, May 17, 2022, and May 17, 2023.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily details routine executive stock option exercises and related tax/exercise price settlements, alongside a new share acquisition by the CFO.

Positives

  • Acquisition of 300,000 common shares by the CFO at a favorable price of $4.76.
  • The CFO's continued investment in the company, as indicated by the share acquisition.
  • Stock options were exercised, indicating potential value realization for the executive.

Negatives

  • Sale of 18,830 shares to cover tax withholding obligations, reducing the CFO's direct holdings.
  • Withholding of 232,573 shares to cover the exercise price of stock options, also reducing direct holdings.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive stock dealings. These transactions can offer insights into management's confidence in the company's future prospects.

Stakeholder Impact

  • Shareholders: The transactions provide transparency into executive stock ownership and potential confidence signals from the CFO.
  • Employees: The exercise of stock options and subsequent share sales for tax purposes are part of standard executive compensation practices.

Key Dates

DateDescription
05/17/2021First vesting date for a portion of the stock options.
05/17/2022Second vesting date for a portion of the stock options.
05/17/2023Third vesting date for a portion of the stock options.
04/20/2026Date of the reported transactions (acquisition, withholding, and sale of shares).
04/21/2026Date the Form 4 was signed by the reporting person.

Keywords

Form 4, SEC Filing, Dakota Gold Corp., Shawn Campbell, Stock Options, Common Stock, Beneficial Ownership, Insider Trading, Executive Compensation

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