Gustavsen John C. 4

What Happened

• John C. Gustavsen, President, Antimony Division of United States Antimony Corp (UAMY), was granted two equity awards on January 15, 2026: 50,754 restricted stock units (RSUs) and a stock option award covering 61,627 underlying shares. Both grants are reported as derivative awards (transaction code A); no purchase price or dollar value is stated in the filing excerpt.

Key Details

• Transaction date: January 15, 2026; Form 4 filed March 27, 2026 (appears late relative to the usual 2-business-day reporting rule).
• Awards: 50,754 RSUs; stock option award for 61,627 underlying shares (total underlying shares granted = 112,381).
• RSU vesting: one‑third (16,918 shares) vested on January 15, 2026; the remaining two one‑third tranches vest on January 15, 2027 and January 18, 2028, subject to continued service.
• Option vesting: options vest only upon achievement of specified performance measures at any time during the 10‑year term, and are also subject to continued service through any vesting date.
• Exercise price / dollar values: not provided in the filing excerpt.
• Shares owned after transaction: not specified in the provided filing details.
• Plan: Awards granted under the Issuer’s Amended & Restated 2023 Equity Incentive Plan.
• No tax‑withholding or other disposition codes are reported in the provided excerpt.

Context

• RSUs are a promise to deliver shares when vesting conditions are met (one tranche already vested per the footnote); stock options are contingent on meeting performance goals and may never vest if performance or service conditions aren’t met. These types of grants are typically compensation awards rather than open‑market purchases or sales and do not by themselves indicate an insider buying or selling stock. The filing date lag may affect how quickly investors learn of the grants.