Form 4: Paramount Gold CEO Converts RSUs to Common Stock

Paramount Gold Nevada Corp. CEO Rachel Goldman converted 88,750 restricted stock units into common stock, increasing her direct beneficial ownership.

Summary

• Rachel Louise Goldman, CEO and Director of Paramount Gold Nevada Corp. (PZG), reported a transaction on January 26, 2026.
• The transaction involved the settlement of 88,750 Restricted Stock Units (RSUs) into an equal number of common stock shares.
• Each RSU represents the right to receive one share of common stock upon settlement.
• The RSUs were granted on January 26, 2024, and vested because the company's share price outperformed the average share price of its peer group over the second year from the grant date.
• Following this transaction, Rachel Goldman directly beneficially owns 895,672 shares of common stock.
• She also beneficially owns 321,850 derivative securities (RSUs).

Sentiment

Score: 8

Explanation: The vesting of performance-based RSUs due to share price outperformance against peers is a strong positive signal, reflecting effective management and market confidence in the company's trajectory.

Positives

• The vesting of 88,750 performance-based Restricted Stock Units (RSUs) indicates that Paramount Gold Nevada Corp.'s share price outperformed its peer group over the specified period, reflecting positive company performance.
• Increased direct beneficial ownership by the CEO, Rachel Goldman, from the conversion of RSUs to common stock can signal management's confidence in the company's future.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance beyond the historical vesting conditions of the RSUs.

Industry Context

The vesting of performance-based RSUs, tied to share price outperformance against a peer group, suggests that Paramount Gold Nevada Corp. has demonstrated stronger relative market performance compared to its industry competitors during the vesting period.

Comparison to Industry Standards

• The RSU vesting criteria required Paramount Gold Nevada Corp.'s share price to outperform the average share price of its peer group companies over the second year from the grant date. This indicates strong relative performance against industry competitors, as the company successfully met this challenging benchmark.

Stakeholder Impact

• Shareholders: Increased insider ownership by the CEO may be viewed positively, signaling confidence. The vesting of performance-based awards also indicates successful achievement of shareholder value creation metrics.
• Employees (specifically management): The CEO's compensation structure is aligned with shareholder interests through performance-based equity awards, which have successfully vested.

Key Dates

Keywords

Paramount Gold Nevada Corp, PZG, Form 4, Insider Transaction, Restricted Stock Units, RSU Conversion, Common Stock, Rachel Goldman, CEO, Director, Beneficial Ownership