AG˹ٷ

STOCK TITAN

[Form 4] McEwen Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4
Rhea-AI Filing Summary

John Casimir Florek, a director of McEwen Inc. (MUX), was granted 10,000 stock options with an exercise price of $10.43. The transaction is recorded with an effective date of 08/11/2025. The options are classified as a stock option (right to buy) and are held directly by Mr. Florek following the reported transaction.

The award vests in three equal annual installments beginning 08/11/2026 and expires on 08/11/2030. In practical terms, the grant ties part of a director's potential compensation to the company's share price, while the staggered vesting delays any immediate exercise; full realization would require exercise at or above the $10.43 strike and would introduce up to 10,000 additional shares on exercise.

John Casimir Florek, direttore di McEwen Inc. (MUX), ha ricevuto 10,000 stock option con un prezzo di esercizio di $10.43. L'operazione è registrata con data di efficacia 08/11/2025. Le opzioni sono classificate come opzione su azioni (diritto di acquisto) e, a seguito della transazione, sono detenute direttamente dal Sig. Florek.

Il premio matura in tre rate annuali uguali a partire dal 08/11/2026 e scade il 08/11/2030. In pratica, la concessione lega parte della possibile remunerazione del direttore al prezzo delle azioni della società, mentre la maturazione scaglionata impedisce un esercizio immediato; la piena realizzazione richiederebbe un esercizio al prezzo di strike di $10.43 o superiore e comporterebbe l'immissione fino a 10,000 azioni aggiuntive al momento dell'esercizio.

John Casimir Florek, director de McEwen Inc. (MUX), recibió 10,000 opciones sobre acciones con un precio de ejercicio de $10.43. La operación figura con fecha de efecto 08/11/2025. Las opciones se clasifican como una opción sobre acciones (derecho de compra) y, tras la transacción, el Sr. Florek las posee directamente.

La adjudicación vence en tres cuotas anuales iguales a partir del 08/11/2026 y expira el 08/11/2030. En la práctica, la concesión vincula parte de la compensación potencial del director al precio de las acciones de la compañía, mientras que el calendario de adquisición retrasa un ejercicio inmediato; la realización total requeriría ejercer a o por encima del precio de ejercicio de $10.43 y podría introducir hasta 10,000 acciones adicionales al ejercerse.

John Casimir Florek은 McEwen Inc. (MUX)� 이사로서 10,000개의 스톡옵션� 행사가� $10.43� 부여받았습니다. � 거래� 효력 발생일을 08/11/2025� 기재했습니다. 해당 옵션은 주식매수선택�(매수권리)으로 분류되며, 보고� 거래 이후 Florek 씨가 직Ϊ 보유하고 있습니다.

수여ѫ 08/11/2026부� 연간 동일� � 회분으로 나누� 베스팅되� 만료일은 08/11/2030입니�. 실무적으로는 � 부여가 이사� 잠재� 보수 일부� 회사 주가� 연동시키�, 단계� 베스팅으� 즉시 행사� � 없게 하며; 전액 실현하려� 행사가� $10.43 이상으로 행사해야 하고, 행사 � 최대 10,000주의 추가 주식� 발행� � 있습니다.

John Casimir Florek, administrateur de McEwen Inc. (MUX), s'est vu accorder 10,000 options d'achat d'actions à un prix d'exercice de $10.43. La transaction est enregistrée avec une date d'effet au 08/11/2025. Les options sont classées comme une option d'achat (droit d'acheter) et sont détenues directement par M. Florek suite à la transaction déclarée.

La dotation est acquise en trois tranches annuelles égales à partir du 08/11/2026 et expire le 08/11/2030. Concrètement, l'attribution lie une partie de la rémunération potentielle de l'administrateur au cours de l'action de la société, tandis que l'acquisition échelonnée retarde tout exercice immédiat ; la réalisation complète nécessiterait un exercice au moins égal au prix d'exercice de $10.43 et entraînerait, en cas d'exercice, l'émission pouvant aller jusqu'à 10,000 actions supplémentaires.

John Casimir Florek, ein Direktor von McEwen Inc. (MUX), erhielt 10,000 Aktienoptionen mit einem Ausübungspreis von $10.43. Die Transaktion ist mit dem Wirksamkeitsdatum 08/11/2025 verzeichnet. Die Optionen sind als Aktienoption (Kaufrecht) klassifiziert und werden nach der gemeldeten Transaktion von Herrn Florek direkt gehalten.

Die Zuteilung wird in drei gleichen jährlichen Tranchen ab dem 08/11/2026 fällig und verfällt am 08/11/2030. Praktisch bindet die Gewährung einen Teil der möglichen Vergütung eines Direktors an den Aktienkurs des Unternehmens, während die gestaffelte Vesting-Regelung ein sofortiges Ausüben verhindert; die vollständige AG˹ٷisierung erfordert eine Ausübung zum oder über dem Strike von $10.43 und würde bei Ausübung bis zu 10,000 zusätzliche Aktien schaffen.

Positive
  • 10,000 stock options granted to director John Casimir Florek, supporting alignment of director and shareholder interests
  • Time-based vesting in three equal annual installments beginning 08/11/2026, which staggers potential dilution
Negative
  • Potential dilution of up to 10,000 shares if options are exercised
  • Strike price set at $10.43 requires share price appreciation above this level for intrinsic value to accrue

Insights

TL;DR: Routine director option grant aligns interests but is standard governance practice; not materially transformative.

The Form 4 documents a standard equity-based compensation grant to a director rather than a secondary market transaction. The 10,000 option award with a $10.43 strike and three-year vesting schedule is consistent with using equity to align director incentives with shareholder performance. Because the grant vests over time and is exercisable through 08/11/2030, immediate dilution is limited; materiality depends on company capitalization but the disclosure itself is a routine governance event.

TL;DR: Standard compensation structure—time-based vesting and multi-year exercise window; creates potential dilution only upon exercise.

The award is a non-derivative option granting the right to acquire 10,000 common shares at $10.43. Vesting in three equal annual installments beginning one year after grant is typical for director stock awards and supports retention. The option expiration in 2030 provides a multi-year horizon for value realization. Financial impact will materialize only if the options are exercised and depends on future share price movements and company capitalization.

John Casimir Florek, direttore di McEwen Inc. (MUX), ha ricevuto 10,000 stock option con un prezzo di esercizio di $10.43. L'operazione è registrata con data di efficacia 08/11/2025. Le opzioni sono classificate come opzione su azioni (diritto di acquisto) e, a seguito della transazione, sono detenute direttamente dal Sig. Florek.

Il premio matura in tre rate annuali uguali a partire dal 08/11/2026 e scade il 08/11/2030. In pratica, la concessione lega parte della possibile remunerazione del direttore al prezzo delle azioni della società, mentre la maturazione scaglionata impedisce un esercizio immediato; la piena realizzazione richiederebbe un esercizio al prezzo di strike di $10.43 o superiore e comporterebbe l'immissione fino a 10,000 azioni aggiuntive al momento dell'esercizio.

John Casimir Florek, director de McEwen Inc. (MUX), recibió 10,000 opciones sobre acciones con un precio de ejercicio de $10.43. La operación figura con fecha de efecto 08/11/2025. Las opciones se clasifican como una opción sobre acciones (derecho de compra) y, tras la transacción, el Sr. Florek las posee directamente.

La adjudicación vence en tres cuotas anuales iguales a partir del 08/11/2026 y expira el 08/11/2030. En la práctica, la concesión vincula parte de la compensación potencial del director al precio de las acciones de la compañía, mientras que el calendario de adquisición retrasa un ejercicio inmediato; la realización total requeriría ejercer a o por encima del precio de ejercicio de $10.43 y podría introducir hasta 10,000 acciones adicionales al ejercerse.

John Casimir Florek은 McEwen Inc. (MUX)� 이사로서 10,000개의 스톡옵션� 행사가� $10.43� 부여받았습니다. � 거래� 효력 발생일을 08/11/2025� 기재했습니다. 해당 옵션은 주식매수선택�(매수권리)으로 분류되며, 보고� 거래 이후 Florek 씨가 직Ϊ 보유하고 있습니다.

수여ѫ 08/11/2026부� 연간 동일� � 회분으로 나누� 베스팅되� 만료일은 08/11/2030입니�. 실무적으로는 � 부여가 이사� 잠재� 보수 일부� 회사 주가� 연동시키�, 단계� 베스팅으� 즉시 행사� � 없게 하며; 전액 실현하려� 행사가� $10.43 이상으로 행사해야 하고, 행사 � 최대 10,000주의 추가 주식� 발행� � 있습니다.

John Casimir Florek, administrateur de McEwen Inc. (MUX), s'est vu accorder 10,000 options d'achat d'actions à un prix d'exercice de $10.43. La transaction est enregistrée avec une date d'effet au 08/11/2025. Les options sont classées comme une option d'achat (droit d'acheter) et sont détenues directement par M. Florek suite à la transaction déclarée.

La dotation est acquise en trois tranches annuelles égales à partir du 08/11/2026 et expire le 08/11/2030. Concrètement, l'attribution lie une partie de la rémunération potentielle de l'administrateur au cours de l'action de la société, tandis que l'acquisition échelonnée retarde tout exercice immédiat ; la réalisation complète nécessiterait un exercice au moins égal au prix d'exercice de $10.43 et entraînerait, en cas d'exercice, l'émission pouvant aller jusqu'à 10,000 actions supplémentaires.

John Casimir Florek, ein Direktor von McEwen Inc. (MUX), erhielt 10,000 Aktienoptionen mit einem Ausübungspreis von $10.43. Die Transaktion ist mit dem Wirksamkeitsdatum 08/11/2025 verzeichnet. Die Optionen sind als Aktienoption (Kaufrecht) klassifiziert und werden nach der gemeldeten Transaktion von Herrn Florek direkt gehalten.

Die Zuteilung wird in drei gleichen jährlichen Tranchen ab dem 08/11/2026 fällig und verfällt am 08/11/2030. Praktisch bindet die Gewährung einen Teil der möglichen Vergütung eines Direktors an den Aktienkurs des Unternehmens, während die gestaffelte Vesting-Regelung ein sofortiges Ausüben verhindert; die vollständige AG˹ٷisierung erfordert eine Ausübung zum oder über dem Strike von $10.43 und würde bei Ausübung bis zu 10,000 zusätzliche Aktien schaffen.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Florek John Casimir

(Last) (First) (Middle)
C/O MCEWEN INC.
150 KING STREET WEST, SUITE 2800

(Street)
TORONTO A6 M5H 1J9

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
McEwen Inc. [ MUX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (right to buy) $10.43 08/11/2025 A 10,000 (1) 08/11/2030 Common Stock 10,000 $0 10,000 D
Explanation of Responses:
1. The option vests in three equal annual installments, beginning August 11, 2026.
/s/ John Casimir Florek 08/13/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What transaction did McEwen Inc. (MUX) report on the Form 4?

The Form 4 reports a grant of 10,000 stock options to director John Casimir Florek with an exercise price of $10.43.

When do the options vest and when do they expire for the MUX Form 4?

The options vest in three equal annual installments beginning 08/11/2026 and the options expire on 08/11/2030.

How many shares would be issued if the options in the MUX Form 4 are fully exercised?

If fully exercised, the award would result in 10,000 additional common shares being issued.

Is the ownership described in the Form 4 direct or indirect for John Casimir Florek?

The Form 4 indicates the ownership form is reported as Direct (D) following the transaction.

What is the exercise price per share for the options reported in the MUX Form 4?

The exercise (conversion) price is stated as $10.43 per share.
Mcewen Mng Inc

NYSE:MUX

MUX Rankings

MUX Latest News

MUX Latest SEC Filings

MUX Stock Data

723.40M
45.60M
15.7%
43.7%
9.23%
Other Precious Metals & Mining
Gold and Silver Ores
Canada
TORONTO