Form 4: Gold Flora Corp. Director Albert John Foreman Reports Transaction
SEC Form 4
Director Albert John Foreman reports a transaction involving Gold Flora Corp. common shares and restricted stock units.
Summary
- On March 30, 2024, Albert John Foreman, a director of Gold Flora Corp., reported a transaction.
- The transaction involved the conversion of 8,375 restricted stock units (RSUs) into common shares.
- Following the transaction, Foreman directly owns 63,181 common shares and 43,392 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 an insider transaction, which is neutral in sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| June 30, 2022 | Reporting person was granted 100,000 RSU's, 33% of which vested 1 year after the grant date (the 'Initial Vesting Period'). |
| March 30, 2024 | Date of transaction: conversion of restricted stock units into common shares. |
| April 02, 2024 | Date of signature on the Form 4 filing. |
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