Form 4: Gold Resource Corp COO Reyes Reports Share Transactions
SEC Form 4
Alberto Reyes, Chief Operating Officer of Gold Resource Corp, reports transactions involving common stock and performance share units.
Summary
- Alberto Reyes, the Chief Operating Officer of Gold Resource Corp, filed a Form 4 detailing changes in beneficial ownership.
- On March 14, 2024, Reyes acquired 63,116 shares of common stock through the vesting of Performance Share Units (PSUs) and disposed of the same amount for cash at an average price of $0.3309.
- Reyes also disposed of shares on March 17 and March 21, 2024, to cover tax liabilities related to the vesting of restricted stock units (RSUs).
- The disposals on March 17 and March 21 were for 14,639 shares at $0.38 and 17,379 shares at $0.395 respectively.
- Following these transactions, Reyes directly owns 163,512 shares of Gold Resource Corp common stock.
- The document also includes a Power of Attorney, granting Chet Holyoak the authority to act on Reyes' behalf in matters related to SEC filings.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 03/31/2022 | Date Performance Share Units (PSUs) were granted. |
| 03/17/2023 | Prior Form 4 filed with incorrect conversion of performance share unit. |
| 12/31/2023 | Date Performance Share Units (PSUs) vested. |
| 03/14/2024 | Date of PSU exercise and cash payout. |
| 03/17/2024 | Date of restricted stock unit disposal for tax liability. |
| 03/21/2024 | Date of restricted stock unit disposal for tax liability. |
| 04/04/2024 | Date of Power of Attorney execution. |
| 04/10/2024 | Date of Form 4 signature. |
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