Still Alastair Charles 4

What Happened
Alastair Still, a director of U.S. GoldMining Inc. (USGO), exercised warrants on March 6, 2026 to acquire 100 common shares at an exercise price of $13.00 per share, for a cash cost of $1,300. The filing also reports a related derivative entry showing disposition of 100 warrant units at $0; the footnote clarifies these transactions represent the exercise of warrants.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-09).
• Acquisition: 100 shares at $13.00 each — total cash paid $1,300 (Footnote F1: warrants exercised).
• Derivative entry: 100 derivative securities reported disposed at $0 (reflects settlement/cancellation of the warrants per footnote).
• Shares owned after transaction: Not specified in the information provided.
• Filing timeliness: Filed 2026-03-09 covering the Mar 6 transaction — appears to be timely (within the required two business-day window).

Context
This was an exercise of warrants (a form of derivative) to purchase common stock; there is no report that the acquired shares were immediately sold, so this was a cash exercise rather than a cashless sale. Purchases/exercises by insiders can be of interest to investors, but they do not by themselves indicate future company performance.