[Form 4] NovaGold Resources Inc. Insider Trading Activity
C. Kevin McArthur, a director of NovaGold Resources Inc. (NG), was granted 811 Deferred Share Units (DSUs) on 09/01/2025. The Form 4 reports the transaction as an acquisition at a recorded price of $0.00 and shows Mr. McArthur beneficially owns 17,213 common shares following the grant. Each DSU equals one share economically but the underlying common shares will not be issued and Mr. McArthur will have no voting or dispositive rights until his service as a director ends. The DSUs have different expiry rules for U.S. and non-U.S. participants: U.S. grants expire 90 days after termination; non-U.S. grants expire December 31 of the year after termination. The Form 4 was signed by an attorney-in-fact on 09/02/2025.
C. Kevin McArthur, amministratore di NovaGold Resources Inc. (NG), ha ricevuto 811 Deferred Share Units (DSU) il 01/09/2025. Il Modulo 4 segnala l鈥檕perazione come un鈥檃cquisizione a prezzo annotato di $0.00 e indica che dopo la concessione il sig. McArthur detiene beneficiariamente 17.213 azioni ordinarie. Ogni DSU corrisponde economicamente a un鈥檃zione, ma le azioni sottostanti non saranno emesse e il sig. McArthur non avr脿 diritti di voto o di disposizione fino alla fine del suo incarico di amministratore. Le DSU prevedono regole di scadenza diverse per i partecipanti statunitensi e non statunitensi: le concessioni per gli USA scadono 90 giorni dopo la cessazione dell鈥檌ncarico; per i non-USA scadono il 31 dicembre dell鈥檃nno successivo alla cessazione. Il Modulo 4 猫 stato firmato da un procuratore il 02/09/2025.
C. Kevin McArthur, director de NovaGold Resources Inc. (NG), recibi贸 811 Deferred Share Units (DSU) el 01/09/2025. El Formulario 4 reporta la transacci贸n como una adquisici贸n a un precio registrado de $0.00 y muestra que el Sr. McArthur posee beneficiariamente 17.213 acciones ordinarias tras la concesi贸n. Cada DSU equivale econ贸micamente a una acci贸n, pero las acciones subyacentes no ser谩n emitidas y el Sr. McArthur no tendr谩 derechos de voto ni de disposici贸n hasta que termine su servicio como director. Las DSU tienen reglas de vencimiento distintas para participantes de EE. UU. y no estadounidenses: las concesiones para EE. UU. vencen 90 d铆as despu茅s de la terminaci贸n; las no estadounidenses vencen el 31 de diciembre del a帽o siguiente a la terminaci贸n. El Formulario 4 fue firmado por un apoderado el 02/09/2025.
C. Kevin McArthur電� NovaGold Resources Inc.(NG)鞚� 鞚挫偓搿滌劀 2025-09-01鞐� 811臧滌潣 鞙犽彊順� 歆�鞐办＜鞁�(DSU)鞚� 靾橃棳氚涭晿鞀惦媹雼�. Form 4電� 鞚� 瓯半灅毳� 旮办灛臧�瓴� $0.00鞚� 旆摑鞙茧 氤搓碃頃橂┌, 靾橃棳 頉� McArthur 鞌皜 17,213欤� 氤错喌欤�毳� 鞁れ鞝侅溂搿� 靻岇湢頃橁碃 鞛堨潓鞚� 響滌嫓頃╇媹雼�. 臧� DSU電� 瓴届牅鞝侅溂搿� 頃� 欤检檧 霃欖澕頃橃毵� 旮办磮 氤错喌欤茧姅 氚滍枆霅橃 鞎婌溂氅� McArthur 鞌姅 鞚挫偓鞚� 鞛勱赴臧� 雭濍偁 霑岅箤歆� 鞚橁舶甓岇澊雮� 觳橂秳甓岇澊 鞐嗢姷雼堧嫟. DSU電� 氙戈淡 彀戈皜鞛愳檧 牍勲甑� 彀戈皜鞛愳棎 雽�頃� 毵岆 攴滌爼鞚� 雼る雼堧嫟: 氙戈淡 靾橃棳攵勳潃 鞛勱赴 膦呺 頉� 90鞚� 鞚措偞鞐� 毵岆霅橁碃, 牍勲甑� 靾橃棳攵勳潃 膦呺 雼れ潓 鞐半弰 12鞗� 31鞚检棎 毵岆霅╇媹雼�. Form 4電� 2025-09-02鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
C. Kevin McArthur, administrateur de NovaGold Resources Inc. (NG), s'est vu octroyer 811 Deferred Share Units (DSU) le 01/09/2025. Le formulaire 4 rapporte la transaction comme une acquisition 脿 un prix enregistr茅 de 0,00 $ et indique que M. McArthur poss猫de b茅n茅ficiairement 17 213 actions ordinaires apr猫s l鈥檃ttribution. Chaque DSU 茅quivaut 茅conomiquement 脿 une action, mais les actions sous-jacentes ne seront pas 茅mises et M. McArthur n鈥檃ura aucun droit de vote ni de disposition tant que son mandat d鈥檃dministrateur n鈥檃ura pas pris fin. Les DSU ont des r猫gles d鈥檈xpiration diff茅rentes selon que le b茅n茅ficiaire est am茅ricain ou non : les attributions pour les 脡tats-Unis expirent 90 jours apr猫s la cessation ; pour les non鈥懨塼ats鈥慤nis, elles expirent le 31 d茅cembre de l鈥檃nn茅e suivant la cessation. Le formulaire 4 a 茅t茅 sign茅 par un mandataire le 02/09/2025.
C. Kevin McArthur, ein Direktor von NovaGold Resources Inc. (NG), erhielt am 01.09.2025 811 Deferred Share Units (DSUs). Das Formular 4 meldet die Transaktion als Erwerb zu einem vermerkten Preis von $0.00 und zeigt, dass Herr McArthur nach der Zuweisung wirtschaftlich 17.213 Stammaktien besitzt. Jede DSU entspricht wirtschaftlich einer Aktie, die zugrundeliegenden Stammaktien werden jedoch nicht ausgegeben und Herr McArthur hat bis zum Ende seiner Direktorst盲tigkeit keine Stimm- oder Verf眉gungsrechte. F眉r US- und Nicht-US-Teilnehmer gelten unterschiedliche Ablaufregeln: US-Zuweisungen verfallen 90 Tage nach Beendigung; Nicht-US-Zuweisungen verfallen am 31. Dezember des dem Beendigungsjahr folgenden Jahres. Das Formular 4 wurde am 02.09.2025 von einem Bevollm盲chtigten unterzeichnet.
- Director compensation aligned with shareholder value via Deferred Share Units that link pay to the company's stock performance over time
- No immediate dilution or voting change because DSUs do not convert to issued shares until termination
- No current voting rights for the DSUs, so the grant does not increase active governance alignment until conversion
- Different expiry rules for U.S. and non-U.S. participants add administrative complexity to the compensation plan
Insights
TL;DR: Director received 811 DSUs; routine deferred equity grant with limited immediate financial impact.
The grant of 811 DSUs is a standard director compensation mechanism that defers equity value until termination and does not create immediate dilution or change voting control because shares are not issued now and no voting rights accompany the DSUs. The recorded $0.00 price in the Form 4 reflects reporting conventions for DSU grants rather than a cash purchase. The post-transaction beneficial ownership of 17,213 common shares provides a sense of scale for the director's stake but the DSUs only convert on termination events defined by the plan.
TL;DR: Governance-wise this is a routine deferred-compensation award; it aligns pay with long-term outcomes but grants no current governance rights.
Structuring director pay as DSUs is common to tie compensation to shareholder value while avoiding immediate share issuance and voting shifts. The distinction in expiry rules for U.S. versus non-U.S. participants is notable for plan administration but not unusual. Investors should note that DSUs do not grant voting or dispositive authority until issuance, so this grant does not affect board voting dynamics today.
C. Kevin McArthur, amministratore di NovaGold Resources Inc. (NG), ha ricevuto 811 Deferred Share Units (DSU) il 01/09/2025. Il Modulo 4 segnala l鈥檕perazione come un鈥檃cquisizione a prezzo annotato di $0.00 e indica che dopo la concessione il sig. McArthur detiene beneficiariamente 17.213 azioni ordinarie. Ogni DSU corrisponde economicamente a un鈥檃zione, ma le azioni sottostanti non saranno emesse e il sig. McArthur non avr脿 diritti di voto o di disposizione fino alla fine del suo incarico di amministratore. Le DSU prevedono regole di scadenza diverse per i partecipanti statunitensi e non statunitensi: le concessioni per gli USA scadono 90 giorni dopo la cessazione dell鈥檌ncarico; per i non-USA scadono il 31 dicembre dell鈥檃nno successivo alla cessazione. Il Modulo 4 猫 stato firmato da un procuratore il 02/09/2025.
C. Kevin McArthur, director de NovaGold Resources Inc. (NG), recibi贸 811 Deferred Share Units (DSU) el 01/09/2025. El Formulario 4 reporta la transacci贸n como una adquisici贸n a un precio registrado de $0.00 y muestra que el Sr. McArthur posee beneficiariamente 17.213 acciones ordinarias tras la concesi贸n. Cada DSU equivale econ贸micamente a una acci贸n, pero las acciones subyacentes no ser谩n emitidas y el Sr. McArthur no tendr谩 derechos de voto ni de disposici贸n hasta que termine su servicio como director. Las DSU tienen reglas de vencimiento distintas para participantes de EE. UU. y no estadounidenses: las concesiones para EE. UU. vencen 90 d铆as despu茅s de la terminaci贸n; las no estadounidenses vencen el 31 de diciembre del a帽o siguiente a la terminaci贸n. El Formulario 4 fue firmado por un apoderado el 02/09/2025.
C. Kevin McArthur電� NovaGold Resources Inc.(NG)鞚� 鞚挫偓搿滌劀 2025-09-01鞐� 811臧滌潣 鞙犽彊順� 歆�鞐办＜鞁�(DSU)鞚� 靾橃棳氚涭晿鞀惦媹雼�. Form 4電� 鞚� 瓯半灅毳� 旮办灛臧�瓴� $0.00鞚� 旆摑鞙茧 氤搓碃頃橂┌, 靾橃棳 頉� McArthur 鞌皜 17,213欤� 氤错喌欤�毳� 鞁れ鞝侅溂搿� 靻岇湢頃橁碃 鞛堨潓鞚� 響滌嫓頃╇媹雼�. 臧� DSU電� 瓴届牅鞝侅溂搿� 頃� 欤检檧 霃欖澕頃橃毵� 旮办磮 氤错喌欤茧姅 氚滍枆霅橃 鞎婌溂氅� McArthur 鞌姅 鞚挫偓鞚� 鞛勱赴臧� 雭濍偁 霑岅箤歆� 鞚橁舶甓岇澊雮� 觳橂秳甓岇澊 鞐嗢姷雼堧嫟. DSU電� 氙戈淡 彀戈皜鞛愳檧 牍勲甑� 彀戈皜鞛愳棎 雽�頃� 毵岆 攴滌爼鞚� 雼る雼堧嫟: 氙戈淡 靾橃棳攵勳潃 鞛勱赴 膦呺 頉� 90鞚� 鞚措偞鞐� 毵岆霅橁碃, 牍勲甑� 靾橃棳攵勳潃 膦呺 雼れ潓 鞐半弰 12鞗� 31鞚检棎 毵岆霅╇媹雼�. Form 4電� 2025-09-02鞐� 雽�毽澑鞚� 靹滊獏頄堨姷雼堧嫟.
C. Kevin McArthur, administrateur de NovaGold Resources Inc. (NG), s'est vu octroyer 811 Deferred Share Units (DSU) le 01/09/2025. Le formulaire 4 rapporte la transaction comme une acquisition 脿 un prix enregistr茅 de 0,00 $ et indique que M. McArthur poss猫de b茅n茅ficiairement 17 213 actions ordinaires apr猫s l鈥檃ttribution. Chaque DSU 茅quivaut 茅conomiquement 脿 une action, mais les actions sous-jacentes ne seront pas 茅mises et M. McArthur n鈥檃ura aucun droit de vote ni de disposition tant que son mandat d鈥檃dministrateur n鈥檃ura pas pris fin. Les DSU ont des r猫gles d鈥檈xpiration diff茅rentes selon que le b茅n茅ficiaire est am茅ricain ou non : les attributions pour les 脡tats-Unis expirent 90 jours apr猫s la cessation ; pour les non鈥懨塼ats鈥慤nis, elles expirent le 31 d茅cembre de l鈥檃nn茅e suivant la cessation. Le formulaire 4 a 茅t茅 sign茅 par un mandataire le 02/09/2025.
C. Kevin McArthur, ein Direktor von NovaGold Resources Inc. (NG), erhielt am 01.09.2025 811 Deferred Share Units (DSUs). Das Formular 4 meldet die Transaktion als Erwerb zu einem vermerkten Preis von $0.00 und zeigt, dass Herr McArthur nach der Zuweisung wirtschaftlich 17.213 Stammaktien besitzt. Jede DSU entspricht wirtschaftlich einer Aktie, die zugrundeliegenden Stammaktien werden jedoch nicht ausgegeben und Herr McArthur hat bis zum Ende seiner Direktorst盲tigkeit keine Stimm- oder Verf眉gungsrechte. F眉r US- und Nicht-US-Teilnehmer gelten unterschiedliche Ablaufregeln: US-Zuweisungen verfallen 90 Tage nach Beendigung; Nicht-US-Zuweisungen verfallen am 31. Dezember des dem Beendigungsjahr folgenden Jahres. Das Formular 4 wurde am 02.09.2025 von einem Bevollm盲chtigten unterzeichnet.
FAQ
Who filed the Form 4 for NovaGold (NG)?
What security and amount were reported on the Form 4 for NG?
Do the DSUs give voting rights or issued shares immediately?
What are the expiry terms for the DSUs reported in the Form 4?
Was there a cash price paid for the DSUs?
