Form 4: Gold Flora Corp. Director Albert John Foreman Reports Stock Transactions
SEC Form 4 Filing
Director Albert John Foreman reports the vesting of restricted stock units into common shares of Gold Flora Corp.
Summary
- On June 30, 2024, Albert John Foreman, a director of Gold Flora Corp., reported the vesting of 8,375 restricted stock units (RSUs) into common shares.
- Following the transaction, Foreman directly owns 73,073 common shares.
- Foreman also directly owns 33,500 derivative securities in the form of restricted stock units.
- The RSUs convert into common shares on a one-for-one basis.
- The RSUs were granted on June 30, 2022, with 33% vesting one year after the grant date and the remaining vesting in 8 equal quarterly installments.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to investors regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 06/30/2022 | Reporting person was granted 100,000 RSU's, 33% of which vested 1 year after the grant date (the 'Initial Vesting Period'). |
| 06/30/2024 | Vesting of 8,375 restricted stock units into common shares. |
| 07/01/2024 | Date of signature for the Form 4 filing. |
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