Form 4: Gold Flora Corp. Director Albert John Foreman Reports Stock Transaction
SEC Form 4 Filing
Director Albert John Foreman reports the conversion of restricted stock units into common shares of Gold Flora Corp.
Summary
- On June 3, 2024, Albert John Foreman, a director of Gold Flora Corp., reported a transaction involving the conversion of restricted stock units (RSUs) into common shares.
- Foreman converted 506 RSUs into 506 common shares.
- Following the transaction, Foreman directly owns 64,698 common shares and 41,875 RSUs.
- The RSUs convert into common shares on a one-for-one basis.
- The RSUs were granted on June 1, 2021, with 25% vesting 180 days after the grant date and the remaining vesting in 30 equal monthly installments.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine conversion of RSUs.
Key Dates
| Date | Description |
|---|---|
| 06/01/2021 | Reporting person was granted 20,226 RSU's, 25% of which vested 180 days after the grant date (the 'Initial Vesting Period'). |
| 06/03/2024 | Date of transaction: conversion of restricted stock units into common shares. |
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