CAMPBELL SHAWN 4
4 · Dakota Gold Corp. · Filed Mar 2, 2026
Research Summary
AI-generated summary of this filing
Dakota Gold (DC) CFO Shawn Campbell Sells 21,207 Shares
What Happened
- Shawn Campbell, Chief Financial Officer of Dakota Gold Corp. (DC), received 48,618 shares on Feb 27, 2026 through settlement/conversion of vested performance stock units (PSUs) and sold 21,207 of those shares in an open-market sale to cover tax withholding obligations. The sale generated approximately $148,771 in gross proceeds.
Key Details
- Transaction date: February 27, 2026; Form 4 filed March 2, 2026.
- Conversion/settlement: 14,947 + 19,811 + 13,860 = 48,618 shares converted from vested PSUs (recorded as derivative exercises/settlements at $0.00).
- Sale: 21,207 shares sold on the open market at a weighted average price of $7.02, total proceeds ~$148,771; sale prices ranged from $7.01 to $7.0302 (sold solely to satisfy tax withholding).
- Net impact: Based on the reported conversion and withholding sale, Campbell retained a net of 27,411 shares (48,618 converted − 21,207 sold), per the filing data.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: PSUs were originally granted in 2023 (53,381), 2024 (70,755), and 2025 (49,504); approximately one‑third of each grant vested in 2026 at 84% of target and were settled on Feb 27, 2026.
- Filing timeliness: Form filed March 2, 2026 reporting transactions on Feb 27, 2026 (appears timely based on dates provided).
Context
- These transactions reflect settlement of performance-based awards (PSUs), not a market purchase. The subsequent open-market sale was described as solely to cover tax withholding, a common administrative step when restricted or performance awards vest.
- Because the sale was to satisfy taxes, it is generally considered routine rather than an expression of bearish sentiment; purchases by insiders are often given more weight by investors.
Insider Transaction Report
Form 4
CAMPBELL SHAWN
CHIEF FINANCIAL OFFICER
Transactions
- Exercise/Conversion
COMMON STOCK
[F1]2026-02-27+14,947→ 219,062 total - Exercise/Conversion
COMMON STOCK
[F2]2026-02-27+19,811→ 238,873 total - Exercise/Conversion
COMMON STOCK
[F3]2026-02-27+13,860→ 252,733 total - Sale
COMMON STOCK
[F4]2026-02-27$7.02/sh−21,207$148,771→ 231,526 total - Exercise/Conversion
PERFORMANCE SHARE UNITS
[F1]2026-02-27−14,947→ 0 total→ COMMON SHARES (14,947 underlying) - Exercise/Conversion
PERFORMANCE SHARE UNITS
[F2]2026-02-27−19,811→ 23,585 total→ COMMON SHARES (19,811 underlying) - Exercise/Conversion
PERFORMANCE SHARE UNITS
[F3]2026-02-27−13,860→ 33,002 total→ COMMON SHARES (13,860 underlying)
Holdings
- 296,736(indirect: By Spouse)
COMMON STOCK
Footnotes (4)
- [F1]The Reporting Person was previously granted 53,381 performance stock units ("PSUs") on March 1, 2023, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS Global Junior Gold Miners Index (the "MVIS Index"). Approximately one-third of such PSUs vested in 2026 at 84% of the target number of shares, were settled on February 27, 2026 and were converted into 14,947 shares of common stock.
- [F2]The Reporting Person was previously granted 70,755 PSUs on March 1, 2024, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS Index. Approximately one-third of such PSUs vested in 2026 at 84% of the target number of shares, were settled on February 27, 2026 and were converted into 19,811 shares of common stock.
- [F3]The Reporting Person was previously granted 49,504 PSUs on March 1, 2025, which can vest between 0% - 200% of the target number of shares, based on relative total stockholder return of the Issuer as compared to the MVIS Index. Approximately one-third of such PSUs vested in 2026 at 84% of the target number of shares, were settled on February 27, 2026 and were converted into 13,860 shares of common stock.
- [F4]Represents shares of common stock sold by the Reporting Person on February 27, 2026 solely for the purpose of satisfying tax withholding obligations in connection with the conversion of the vested PSUs into shares of common stock upon settlement by the Issuer. Reflects a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $7.01 to $7.0302. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of common shares sold at each separate price.
Signature
/S/ SHAWN CAMPBELL|2026-03-02