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4/A: Gold Flora Corp. Director Mark Castaneda Amends SEC Filing to Correct Beneficial Ownership

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SEC Form 4/A (Amendment)

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Mark Castaneda, a director at Gold Flora Corp., filed an amended Form 4 with the SEC to correct the reported amount of common shares beneficially owned following a transaction involving restricted stock units.

Summary

  • Mark Castaneda, a director of Gold Flora Corp., filed an amended Form 4 with the SEC.
  • The amendment, dated July 01, 2024, corrects the beneficial ownership total for common stock.
  • The original transaction occurred on March 30, 2024, involving the conversion of 8,375 restricted stock units (RSUs) into common shares.
  • Following the transaction, Castaneda directly owns 152,125 common shares.
  • Castaneda was granted 100,000 RSUs on June 30, 2022, with 33% vesting one year after the grant date and the remaining vesting in eight equal quarterly installments.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions and is required by the SEC to ensure transparency in the market.

Stakeholder Impact

  • The correction of the beneficial ownership total ensures accurate information for shareholders.

Key Dates

DateDescription
June 30, 2022Reporting person was granted 100,000 RSU's, 33% of which vested 1 year after the grant date (the 'Initial Vesting Period'). The remaining RSUs vest in 8 equal quarterly installments.
March 30, 2024Date of transaction involving the conversion of restricted stock units into common shares.
April 02, 2024Date of Original Filed
July 01, 2024Date of the amended filing.

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