Form 4: Director Ronald Little Acquires Deferred Stock Units in Gold Resource Corp
SEC Form 4 Filing
Ronald Little, a director of Gold Resource Corp, acquired deferred stock units representing the right to receive common stock or cash.
Summary
- On September 30, 2024, Ronald Little, a director of Gold Resource Corp [GORO], acquired 41,643 deferred stock units (DSUs).
- Each DSU represents the right to receive one share of common stock or cash equal to the value of one share of common stock as of the Redemption Date.
- The DSUs vest immediately but are redeemable at the earlier of the termination of the Reporting Person's service to the Issuer or ten years from the grant date.
- The price of the derivative security is $0.3512.
- Following the transaction, Ronald Little directly owns 41,643 derivative securities.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the holdings of company directors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding director's holdings.
Key Dates
| Date | Description |
|---|---|
| 09/30/2024 | Date of transaction where Ronald Little acquired deferred stock units. |
| 10/02/2024 | Date of signature for the Form 4 filing. |
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