Shaver William M 4

4 · McEwen Inc. · Filed Mar 23, 2026

AI-generated summary of this filing

Updated Mar 23, 2026

McEwen (MUX) COO William Shaver Receives Stock Awards

What Happened

William M. Shaver, COO of McEwen Inc. (MUX), received two awards on March 19, 2026 totaling 4,919 derivative units: 4,440 restricted stock units (RSUs) and 479 deferred stock units (DSUs).
Both grants were reported as awards (transaction code A) at $0.00 per unit (typical for equity compensation grants), so no cash was exchanged in the transaction.

Key Details

Transaction date: 2026-03-19; Filing date: 2026-03-23 (filed within the normal Form 4 reporting window).
Award breakdown: 4,440 RSUs + 479 DSUs = 4,919 total units; reported price per unit $0.00 (derivative awards).
Vesting/delivery: RSUs vest in three equal installments on June 29, 2026; December 20, 2026; and June 29, 2027 (footnotes). DSUs are fully vested and are deliverable upon the reporting person’s termination of continuous service from the Board, subject to any deferral election.
Shares owned after the transaction: not stated in this filing.
Transaction type: Award/grant of derivative securities (not a purchase or sale) — not an immediate market-buy signal.

Context

These are equity compensation awards (RSUs and DSUs). RSUs represent a contingent right to receive one share (or cash) per unit; DSUs represent a right to receive one share, with DSU delivery tied to termination of board service per the footnote.
Awards at $0 are common for employee/director compensation and do not reflect an open-market purchase or sale. They should be interpreted as compensation-related grants rather than direct insider buying or selling.

Form 4

Period: 2026-03-19

DirectorChief Operating Officer

Transactions

Award
Restricted Stock Units
[F1][F2]
2026-03-19+4,440→ 4,440 total
→ Common Stock (4,440 underlying)
Award
Deferred Stock Units
[F3][F4]
2026-03-19+479→ 479 total
→ Common Stock (479 underlying)

Footnotes (4)

[F1]Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee.
[F2]The restricted stock units will vest in three equal installments on each of June 29, 2026, December 20, 2026 and June 29, 2027.
[F3]Each deferred stock unit represents a right to receive one share of the Issuer's common stock.
[F4]The deferred stock units are fully vested and will be delivered to the reporting person on the date of the reporting person's termination of continuous service from the Issuer's Board of Directors (the "Board"), subject to the reporting person's right to elect to defer delivery of the deferred stock units beyond the date of the reporting person's termination of continuous service from the Board.

Signature

/s/ William M. Shaver|2026-03-23

1 file