Form 4: Paramount Gold CEO Converts RSUs to Shares

Paramount Gold Nevada Corp.'s CEO, Rachel Goldman, acquired 138,750 shares of common stock through the settlement of restricted stock units.

Summary

• Rachel Goldman, CEO and Director of Paramount Gold Nevada Corp., acquired 138,750 shares of common stock on December 11, 2025.
• This acquisition resulted from the settlement of restricted stock units (RSUs) upon meeting their vesting criteria.
• The vesting was triggered by the State of Oregon issuing draft consolidated permits for the Grassy Mountain Gold Project.
• Specifically, 50,000 RSUs granted on February 15, 2022, and 88,750 RSUs granted on January 26, 2024, were settled.
• Following these transactions, Rachel Goldman directly beneficially owns 801,750 shares of common stock.
• The filing also indicates remaining derivative holdings of 316,250 and 227,500 restricted stock units after the reported settlements.

Sentiment

Score: 8

Explanation: The acquisition of a significant number of shares by the CEO through RSU settlement, triggered by a key project permitting milestone, is a strong positive signal for the company's operational progress and management's confidence.

Positives

• CEO Rachel Goldman increased her direct beneficial ownership of Paramount Gold Nevada Corp. common stock by 138,750 shares, signaling confidence in the company's future prospects.
• The vesting of RSUs was triggered by a significant operational milestone: the State of Oregon issuing draft consolidated permits for the Grassy Mountain Gold Project, indicating material progress on a key development asset.

Future Outlook

NA

Industry Context

The vesting of RSUs tied to the issuance of draft consolidated permits for the Grassy Mountain Gold Project highlights the importance of regulatory milestones in the mining and gold exploration industry. Progress on permitting is a critical de-risking event for development-stage projects, often signaling advancement towards potential production.

Related Party Transactions

• The settlement of restricted stock units and subsequent acquisition of common stock by CEO Rachel Goldman constitutes a related party transaction, as it involves an insider's equity compensation and ownership changes.

Stakeholder Impact

• Shareholders: Potential for increased confidence due to the CEO's increased direct stake and the reported progress on the Grassy Mountain Gold Project.
• Employees: May view the operational milestone and CEO's increased ownership as positive indicators of company stability and project advancement.
• Regulatory Authorities: The filing demonstrates compliance with Section 16(a) of the Securities Exchange Act of 1934 regarding insider transactions.

Key Dates

Recommendation

The CEO's substantial increase in direct share ownership, resulting from the vesting of performance-based restricted stock units tied to a critical permitting milestone for the Grassy Mountain Gold Project, indicates strong management confidence and significant progress on a key asset. This insider buying, coupled with a positive operational development, suggests a favorable outlook for the company's stock.

Keywords

Paramount Gold Nevada Corp., PZG, Rachel Goldman, CEO, Director, SEC Form 4, Insider Trading, Restricted Stock Units, RSU settlement, Common Stock, Grassy Mountain Gold Project, Oregon permits, Mining, Gold exploration