4/A: Rise Gold CEO Converts RSUs to Common Stock
Statement of Changes in Beneficial Ownership
Rise Gold Corp.'s CEO and President, David George Watkinson, converted 250,000 Restricted Stock Units into common stock, increasing his direct beneficial ownership.
Summary
- David George Watkinson, CEO and President of Rise Gold Corp., acquired 250,000 shares of common stock.
- This acquisition resulted from the conversion of 250,000 Restricted Stock Units (RSUs).
- The RSUs were fully vested on the date of grant, January 5, 2026.
- The conversion took place on January 6, 2026, with the shares acquired at a price of $0.00 per share.
- Following these transactions, Mr. Watkinson directly beneficially owns 250,000 shares of common stock.
- He also holds stock options for 1,000,000 shares at an exercise price of $0.18, 50,000 shares at $0.25, and 60,000 shares at $0.10, totaling 1,110,000 stock options.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a moderately positive signal, as the CEO is increasing direct ownership through RSU conversion, aligning his interests with shareholders, though it's a standard compensation event.
Positives
- Conversion of 250,000 Restricted Stock Units (RSUs) into common stock by CEO and President David George Watkinson indicates a direct increase in his equity stake in Rise Gold Corp.
- The acquisition of 250,000 common shares at a $0.00 price, resulting from vested RSU conversion, aligns management's interests with shareholders.
Negatives
- No specific negative information is contained within this Form 4/A filing.
Risks
- No specific risks are mentioned in this Form 4/A filing.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4/A filing.
Industry Context
StockSavvy.ai notes that insider transactions, such as the conversion of RSUs to common stock, are routine disclosures and typically reflect compensation structures rather than immediate strategic shifts. While increasing direct ownership, this specific transaction does not inherently signal broader industry trends or competitive positioning.
Related Party Transactions
- David George Watkinson, CEO and President, converted 250,000 Restricted Stock Units into 250,000 shares of common stock of Rise Gold Corp. This is a transaction between an insider and the company.
Stakeholder Impact
- Shareholders: The transaction increases the direct beneficial ownership of the CEO, potentially signaling confidence and aligning management's interests with shareholder value.
Key Dates
| Date | Description |
|---|---|
| 05/22/2025 | Date stock options for 60,000 shares became exercisable. |
| 10/30/2025 | Date stock options for 50,000 shares became exercisable. |
| 11/20/2025 | Date stock options for 1,000,000 shares became exercisable. |
| 01/05/2026 | Date 250,000 Restricted Stock Units (RSUs) were granted and fully vested. |
| 01/06/2026 | Date 250,000 Restricted Stock Units (RSUs) were converted into common stock, and 250,000 common shares were acquired. |
| 01/07/2026 | Date the original Form 4 filing was made. |
| 03/13/2026 | Signature date of the reporting person for this amended filing. |
| 05/22/2030 | Expiration date for stock options of 60,000 shares. |
| 10/30/2030 | Expiration date for stock options of 50,000 shares. |
| 11/20/2030 | Expiration date for stock options of 1,000,000 shares. |
Recommendation
holdThis filing reports a routine insider transaction where the CEO converted vested Restricted Stock Units into common stock. While it increases the CEO's direct ownership and aligns interests, it does not provide new fundamental information about the company's operational performance or strategic direction to warrant a change in investment recommendation. It's a standard compensation event.
Keywords
Rise Gold Corp, RYES, David George Watkinson, CEO, President, insider transaction, Form 4/A, Restricted Stock Units, RSUs, common stock, beneficial ownership, stock options
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