FIPKE JOHANNA 4

What Happened
Director Johanna Fipke was granted equity awards by U.S. Gold Corp on January 21, 2026. The filing shows 7,673 deferred stock units (awarded as shares) and 13,699 derivative awards (stock options) granted, each reported with a $0 purchase price (these are compensation grants, not open-market purchases).

Key Details

• Transaction date: 2026-01-21; Form 4 filed 2026-01-23 (timely — Form 4 due within two business days).
• Grants: 7,673 deferred stock units (reported as A, $0.00) and 13,699 options/derivative awards (reported as A, $0.00).
• Reported price/value: $0 listed for both award entries (reflects grant, not cash paid).
• Shares owned after transaction: Not specified in the provided filing details.
• Footnotes: F1 — deferred stock units become service‑satisfied on the first anniversary of the grant and portions that are service‑satisfied will vest upon cessation of Board service. F2 — options vest on the first anniversary of the grant, subject to continuous service.
• Transaction type: Compensation grants (award), not purchases or sales.

Context
These awards are compensation to a non-employee director and are common practice for board service; they do not indicate an outright purchase or sale of existing shares. The derivative entries are option grants with time-based vesting (not immediate exercisable stock sales). As always, grants reflect company compensation decisions and should be considered alongside other insider transactions and company fundamentals.