Form 4: Rise Gold Director Lawrence Lepard Reports Significant Beneficial Ownership and New Option Grant

Sentiment:

Insider Transaction Report


Rise Gold Corp. Director and 10% Owner Lawrence Ward Lepard has filed a Form 4 detailing his extensive beneficial ownership of common stock and the acquisition of new derivative securities, including 60,000 options.

Better than expectedThe acquisition of new options by a director and 10% owner signals strong insider confidence in the company's future performance.The significant total beneficial ownership by a key insider aligns their interests with those of public shareholders, which is generally viewed positively by the market.

Summary

  • Lawrence Ward Lepard, a Director and 10% Owner of Rise Gold Corp. (RYES), filed a Form 4 on May 27, 2025, reporting his beneficial ownership.
  • Mr. Lepard directly holds 977,405 shares of Rise Gold Corp. common stock.
  • He indirectly owns an additional 2,559,656 common shares through EMA GARP FUND LP, 904,000 common shares through Sea View Investments, LLC, and 135,000 common shares through Lepard children, bringing his total beneficial common stock ownership to 4,576,061 shares.
  • On May 22, 2025, Mr. Lepard acquired 60,000 options with an exercise price of $0.1, which are exercisable on the same date and expire on May 22, 2030.
  • Following this transaction, he directly holds a total of 387,775 options with various exercise prices ranging from $0.1 to $0.65 and expiration dates up to May 22, 2030.
  • He also directly holds 105,265 warrants with an exercise price of $0.158 expiring on April 29, 2027, and indirectly holds 140,000 warrants through EMA GARP FUND LP with an exercise price of $0.26 expiring on November 7, 2025.

Sentiment

Score: 8

Explanation: The acquisition of new options by a director and 10% owner, coupled with substantial existing holdings, indicates strong insider confidence and alignment with shareholder interests, which is generally positive for the company's outlook.

Positives

  • The acquisition of 60,000 new options by a director and 10% owner signals continued confidence in Rise Gold Corp.'s future prospects.
  • Significant beneficial ownership by a key insider, including direct and indirect holdings, aligns management's interests with those of public shareholders.

Risks

  • The value of the reported options and warrants is inherently tied to the future performance of Rise Gold Corp.'s stock price, posing a market risk.
  • Indirect ownership through various entities (EMA GARP FUND LP, Sea View Investments, LLC) may introduce complexity in the beneficial ownership structure.

Future Outlook

NA

Industry Context

This filing is an insider transaction report specific to a director's holdings in Rise Gold Corp. and does not provide broader industry trends or context.

Related Party Transactions

  • Indirect beneficial ownership through EMA GARP FUND LP, Sea View Investments, LLC, and Lepard children indicates related party dealings in terms of ownership structure.

Stakeholder Impact

  • Shareholders: Increased transparency regarding insider holdings and a potential signal of management confidence, which could positively influence investor sentiment.
  • Employees: No direct impact mentioned.
  • Customers: No direct impact mentioned.
  • Suppliers: No direct impact mentioned.
  • Creditors: No direct impact mentioned.

Key Dates

DateDescription
02/07/2022Date exercisable for 100,000 options with $0.65 exercise price.
02/21/2023Date exercisable for 105,000 options with $0.53 exercise price.
11/07/2023Date exercisable for 140,000 warrants with $0.26 exercise price.
12/12/2023Date exercisable for 47,775 options with $0.25 exercise price.
04/29/2024Date exercisable for 105,265 warrants with $0.158 exercise price.
05/01/2024Date exercisable for 15,000 options with $0.17 exercise price.
03/25/2025Date exercisable for 60,000 options with $0.1 exercise price.
05/22/2025Transaction date for the acquisition of 60,000 options; also the date these options become exercisable and their expiration date.
05/27/2025Signature date of the reporting person for the Form 4 filing.
11/07/2025Expiration date for 140,000 warrants with $0.26 exercise price.
02/07/2027Expiration date for 100,000 options with $0.65 exercise price.
04/29/2027Expiration date for 105,265 warrants with $0.158 exercise price.
02/21/2028Expiration date for 105,000 options with $0.53 exercise price.
12/12/2028Expiration date for 47,775 options with $0.25 exercise price.
05/01/2029Expiration date for 15,000 options with $0.17 exercise price.
03/25/2030Expiration date for 60,000 options with $0.1 exercise price.

Recommendation

buy

Keywords

Rise Gold Corp., RYES, Form 4, SEC Filing, Beneficial Ownership, Insider Transaction, Director Holdings, Stock Options, Warrants, Lawrence Ward Lepard, Equity Securities

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