Form 4: Paramount Gold Nevada Corp. Director Settles Restricted Stock Units
SEC Form 4 Filing
Christopher J. Reynolds, a director of Paramount Gold Nevada Corp., settled 20,000 restricted stock units (RSUs) into common stock on February 3, 2025.
Summary
- On February 3, 2025, Christopher J. Reynolds, a director of Paramount Gold Nevada Corp., settled 20,000 restricted stock units (RSUs) into common stock.
- The transaction was executed under Transaction Code M, indicating the settlement of derivative securities.
- Following the transaction, Reynolds directly owns 101,100 shares of Paramount Gold Nevada Corp. common stock.
- The RSUs were granted on January 26, 2024, and vested one year from the grant date.
Sentiment
Score: 5
Explanation: This is a neutral event, simply a reporting of a standard transaction related to executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and equity ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor dilutive effect on existing shareholders due to the issuance of new shares.
Key Dates
| Date | Description |
|---|---|
| January 26, 2024 | Date the restricted stock units were granted. |
| February 3, 2025 | Date of the transaction (settlement of RSUs). |
| February 5, 2025 | Date of signature on the Form 4 filing. |
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