Form 4: Director Reynolds Converts RSUs to Paramount Gold Stock

Paramount Gold Nevada Corp. Director Christopher J. Reynolds acquired 20,000 shares of common stock through the settlement of restricted stock units.

Summary

• Christopher J. Reynolds, a Director of Paramount Gold Nevada Corp. (PZG), acquired 20,000 shares of common stock on January 26, 2026.
• This acquisition resulted from the settlement of 20,000 restricted stock units (RSUs) upon meeting their vesting criteria.
• Following this transaction, Reynolds directly beneficially owns 196,100 shares of common stock.
• Reynolds also continues to hold 25,500 restricted stock units.
• The restricted stock units were originally granted on January 26, 2024.

Sentiment

Score: 6

Explanation: The filing reports a routine insider transaction where a director converted restricted stock units into common stock, increasing their direct shareholding. This is generally viewed as a neutral to slightly positive event as it indicates continued insider ownership and the fulfillment of compensation agreements.

Positives

• A company director, Christopher J. Reynolds, increased his direct beneficial ownership of common stock by 20,000 shares.
• The settlement of restricted stock units indicates that vesting criteria were met, aligning management incentives with shareholder interests.

Stakeholder Impact

• Shareholders: Increased direct ownership by a director may be seen as a minor positive, indicating continued alignment of interests.
• Employees (specifically the director): The director received common stock as part of their compensation, fulfilling the terms of their RSU award.

Key Dates

Keywords

Paramount Gold Nevada Corp., PZG, Christopher J. Reynolds, Director, Insider Transaction, Form 4, Restricted Stock Units, RSU, Common Stock, Share Acquisition, Vesting