Watkinson David George 4/A

What Happened

• David George Watkinson, CEO, President and a director of Rise Gold Corp. (RYES), received awards of restricted stock units (RSUs) and converted part of those RSUs into common shares. The filing shows two 250,000-unit RSU entries (one reported as a derivative RSU grant) and a subsequent disposition of 250,000 shares to the issuer. All grants were reported at $0.00 per share. Footnotes state the RSUs were fully vested on grant, convert one-for-one into common shares, and that the converted shares were acquired and some shares were converted/surrendered as reported in the tables. Net effect in this filing: 250,000 shares retained by the reporting person and 250,000 shares delivered back to the issuer.

Key Details

• Transaction dates: RSU grant/derivative grant on 2026-01-05 and 2026-01-06; conversion/disposition on 2026-01-06.
• Prices/values: All entries reported at $0.00 per share (no cash paid or received in the filing).
• Share counts: Two 250,000 RSU awards reported; 250,000 shares were converted/received and 250,000 shares were disposed to the issuer (net +250,000 retained).
• Footnotes: F1 — RSUs fully vested on grant; F2 — one RSU = one common share on conversion; F3/F4 — RSUs were converted into shares and those shares were acquired upon conversion.
• Filing status: This is an AMENDED Form 4 filed 2026-03-13 covering transactions in early January 2026. The March filing is after the usual 2-business-day Form 4 deadline, so the report appears untimely relative to the Jan transactions.

Context

• Disposition to the issuer at $0.00 commonly reflects shares surrendered to the company to satisfy tax withholding or similar obligations when RSUs vest; the filing’s footnotes are consistent with RSU conversion and share transfer rather than an open-market sale.
• These are awards/conversions rather than purchases or sales on the open market; they do not necessarily signal a buy/sell intent by the insider beyond standard compensation and withholding mechanics.