[Form 4] NovaGold Resources Inc. Insider Trading Activity
Erfan Ali, a director of NovaGold Resources Inc. (ticker NG), reported a grant of 370 Deferred Share Units (DSUs) on 09/01/2025 in a Form 4 filing. The DSUs are recorded as acquired at a $0.00 price and increase the reporting person's total beneficial ownership to 1,570 common shares on a direct basis. Each DSU is the economic equivalent of one common share but the underlying shares will not be issued and the reporting person has no voting or dispositive rights with respect to those underlying shares until termination of employment or service as a director. The filing also states differing expiry rules: grants to non-U.S. eligible participants expire on December 31 of the year following termination; grants to U.S. eligible participants expire 90 days after termination.
Erfan Ali, amministratore di NovaGold Resources Inc. (simbolo NG), ha dichiarato in un filing Form 4 la concessione di 370 Deferred Share Units (DSU) in data 09/01/2025. I DSU sono registrati come acquisiti al prezzo di $0.00 e portano la partecipazione complessiva dell'interessato a 1.570 azioni ordinarie in propriet脿 diretta. Ciascun DSU equivale economicamente a un'azione ordinaria, ma le azioni sottostanti non saranno emesse e l'interessato non gode di diritti di voto n茅 di disposizione su tali azioni fino alla cessazione dell'impiego o della carica di amministratore. Il documento specifica inoltre regole di scadenza diverse: le assegnazioni ai partecipanti non statunitensi scadono il 31 dicembre dell'anno successivo alla cessazione; quelle ai partecipanti statunitensi scadono 90 giorni dopo la cessazione.
Erfan Ali, director de NovaGold Resources Inc. (s铆mbolo NG), inform贸 en un filing Form 4 la concesi贸n de 370 Deferred Share Units (DSU) con fecha 09/01/2025. Los DSU se registran como adquiridos a un precio de $0.00 y aumentan la participaci贸n total en manos del declarante a 1.570 acciones ordinarias en propiedad directa. Cada DSU equivale econ贸micamente a una acci贸n ordinaria, pero las acciones subyacentes no se emitir谩n y el declarante no tiene derechos de voto ni de disposici贸n sobre ellas hasta la finalizaci贸n del empleo o del cargo de director. El informe tambi茅n se帽ala reglas de vencimiento diferentes: las concesiones a participantes no estadounidenses vencen el 31 de diciembre del a帽o posterior a la terminaci贸n; las concedidas a participantes estadounidenses vencen 90 d铆as despu茅s de la terminaci贸n.
Erfan Ali電� NovaGold Resources Inc.(韹办护 NG)鞚� 鞚挫偓搿滌劀 2025-09-01鞛� Form 4 氤搓碃靹涤棎靹� 370臧滌潣 Deferred Share Units(DSU)臧� 攵�鞐悩鞐堨潓鞚� 氤搓碃頄堨姷雼堧嫟. DSU電� $0.00 臧�瓴╈溂搿� 旆摑霅� 瓴冹溂搿� 旮半霅橃棃鞙茧┌ 氤搓碃鞛愳潣 歆侅爲 氤挫湢 齑濎垬電� 1,570 氤错喌欤�搿� 歃濌皜頃╇媹雼�. 臧� DSU電� 瓴届牅鞝侅溂搿� 1欤检檧 霃欖澕頃橃毵� 旮办磮欤茧姅 氚滍枆霅橃 鞎婌溂氅� 瓿犾毄 霕愲姅 鞚挫偓歆� 膦呺 鞁滉箤歆� 氤搓碃鞛愲姅 頃措嫻 旮办磮欤检棎 雽�頃� 鞚橁舶甓岇澊雮� 觳橂秳甓岇澊 鞐嗢姷雼堧嫟. 鞁犼碃靹滌棎電� 毵岆 攴滌爼鞚� 雼るゴ瓴� 氇呾嫓霅橃柎 鞛堧姅雿�, 氙戈淡 牍勲寑靸� 彀戈皜鞛愳棎瓴� 攵�鞐悳 DSU電� 膦呺 雼れ潓 頃� 12鞗� 31鞚检棎 毵岆霅橁碃, 氙戈淡 雽�靸� 彀戈皜鞛愳棎瓴� 攵�鞐悳 DSU電� 膦呺 頉� 90鞚检棎 毵岆霅╇媹雼�.
Erfan Ali, administrateur de NovaGold Resources Inc. (symbole NG), a d茅clar茅 dans un d茅p么t Form 4 une attribution de 370 Deferred Share Units (DSU) en date du 01/09/2025. Les DSU sont inscrits comme acquis au prix de 0,00 $ et portent la d茅tention effective totale de la personne d茅clarante 脿 1 570 actions ordinaires en propri茅t茅 directe. Chaque DSU 茅quivaut 茅conomiquement 脿 une action ordinaire, mais les actions sous-jacentes ne seront pas 茅mises et la personne d茅clarante ne dispose d'aucun droit de vote ni de disposition sur ces actions tant que l'emploi ou le mandat d'administrateur n'est pas termin茅. Le d茅p么t pr茅cise 茅galement des r猫gles d'expiration diff茅rentes : les attributions aux participants non 茅ligibles aux 脡tats-Unis expirent le 31 d茅cembre de l'ann茅e suivant la cessation ; celles aux participants 茅ligibles aux 脡tats-Unis expirent 90 jours apr猫s la cessation.
Erfan Ali, Direktor von NovaGold Resources Inc. (Ticker NG), meldete in einer Form 4-Einreichung die Gew盲hrung von 370 Deferred Share Units (DSUs) am 09.01.2025. Die DSUs werden mit einem Erwerbspreis von $0.00 verbucht und erh枚hen das direkte wirtschaftliche Eigentum der meldenden Person auf insgesamt 1.570 Stammaktien. Jede DSU entspricht wirtschaftlich einer Stammaktie, die zugrunde liegenden Aktien werden jedoch nicht ausgegeben und die meldende Person hat bis zur Beendigung der Anstellung oder des Direktorenamts keine Stimm- oder Verf眉gungsrechte an diesen Aktien. Die Einreichung nennt zudem unterschiedliche Verfallsregeln: Zuteilungen an nicht US-berechtigte Teilnehmer verfallen am 31. Dezember des dem Austritts folgenden Jahres; Zuteilungen an US-berechtigte Teilnehmer verfallen 90 Tage nach Austritt.
- Director compensation increases economic alignment via 370 DSUs, raising reported beneficial ownership to 1,570
- Clear disclosure of expiry and conversion rules for U.S. and non-U.S. participants
- DSUs carry no voting or dispositive rights until termination or service end, so governance influence is unchanged
- Underlying shares are not issued at grant, so ownership is economic only until conversion
Insights
TL;DR: Director received 370 DSUs that increase economic stake but provide no voting rights until service ends.
The grant of 370 DSUs to a sitting director increases his economic exposure to NovaGold without immediate voting influence, which is common for deferred equity-based board compensation. The filing is routine and does not indicate accelerated issuance of common stock. The disclosure clearly states the vesting/issuance condition tied to termination and different expiry terms for U.S. and non-U.S. participants, which affects the director's ability to convert economic exposure into actual shares. This is a governance-typical compensation disclosure with no direct change to outstanding common shares at filing.
TL;DR: 370 DSUs granted as deferred compensation; increases reported beneficial holdings to 1,570 units/shares on record.
The Form 4 documents a non-cash grant recorded at $0.00 that functions as deferred compensation tied to board service. The reporting shows a clear post-grant beneficial ownership number of 1,570, allowing analysts to track insider economic exposure. The expiration terms (90 days for U.S. participants; year-end following termination for non-U.S.) are explicitly disclosed, which matters for timing of potential conversion. Overall the transaction appears routine and consistent with standard director compensation practices.
Erfan Ali, amministratore di NovaGold Resources Inc. (simbolo NG), ha dichiarato in un filing Form 4 la concessione di 370 Deferred Share Units (DSU) in data 09/01/2025. I DSU sono registrati come acquisiti al prezzo di $0.00 e portano la partecipazione complessiva dell'interessato a 1.570 azioni ordinarie in propriet脿 diretta. Ciascun DSU equivale economicamente a un'azione ordinaria, ma le azioni sottostanti non saranno emesse e l'interessato non gode di diritti di voto n茅 di disposizione su tali azioni fino alla cessazione dell'impiego o della carica di amministratore. Il documento specifica inoltre regole di scadenza diverse: le assegnazioni ai partecipanti non statunitensi scadono il 31 dicembre dell'anno successivo alla cessazione; quelle ai partecipanti statunitensi scadono 90 giorni dopo la cessazione.
Erfan Ali, director de NovaGold Resources Inc. (s铆mbolo NG), inform贸 en un filing Form 4 la concesi贸n de 370 Deferred Share Units (DSU) con fecha 09/01/2025. Los DSU se registran como adquiridos a un precio de $0.00 y aumentan la participaci贸n total en manos del declarante a 1.570 acciones ordinarias en propiedad directa. Cada DSU equivale econ贸micamente a una acci贸n ordinaria, pero las acciones subyacentes no se emitir谩n y el declarante no tiene derechos de voto ni de disposici贸n sobre ellas hasta la finalizaci贸n del empleo o del cargo de director. El informe tambi茅n se帽ala reglas de vencimiento diferentes: las concesiones a participantes no estadounidenses vencen el 31 de diciembre del a帽o posterior a la terminaci贸n; las concedidas a participantes estadounidenses vencen 90 d铆as despu茅s de la terminaci贸n.
Erfan Ali電� NovaGold Resources Inc.(韹办护 NG)鞚� 鞚挫偓搿滌劀 2025-09-01鞛� Form 4 氤搓碃靹涤棎靹� 370臧滌潣 Deferred Share Units(DSU)臧� 攵�鞐悩鞐堨潓鞚� 氤搓碃頄堨姷雼堧嫟. DSU電� $0.00 臧�瓴╈溂搿� 旆摑霅� 瓴冹溂搿� 旮半霅橃棃鞙茧┌ 氤搓碃鞛愳潣 歆侅爲 氤挫湢 齑濎垬電� 1,570 氤错喌欤�搿� 歃濌皜頃╇媹雼�. 臧� DSU電� 瓴届牅鞝侅溂搿� 1欤检檧 霃欖澕頃橃毵� 旮办磮欤茧姅 氚滍枆霅橃 鞎婌溂氅� 瓿犾毄 霕愲姅 鞚挫偓歆� 膦呺 鞁滉箤歆� 氤搓碃鞛愲姅 頃措嫻 旮办磮欤检棎 雽�頃� 鞚橁舶甓岇澊雮� 觳橂秳甓岇澊 鞐嗢姷雼堧嫟. 鞁犼碃靹滌棎電� 毵岆 攴滌爼鞚� 雼るゴ瓴� 氇呾嫓霅橃柎 鞛堧姅雿�, 氙戈淡 牍勲寑靸� 彀戈皜鞛愳棎瓴� 攵�鞐悳 DSU電� 膦呺 雼れ潓 頃� 12鞗� 31鞚检棎 毵岆霅橁碃, 氙戈淡 雽�靸� 彀戈皜鞛愳棎瓴� 攵�鞐悳 DSU電� 膦呺 頉� 90鞚检棎 毵岆霅╇媹雼�.
Erfan Ali, administrateur de NovaGold Resources Inc. (symbole NG), a d茅clar茅 dans un d茅p么t Form 4 une attribution de 370 Deferred Share Units (DSU) en date du 01/09/2025. Les DSU sont inscrits comme acquis au prix de 0,00 $ et portent la d茅tention effective totale de la personne d茅clarante 脿 1 570 actions ordinaires en propri茅t茅 directe. Chaque DSU 茅quivaut 茅conomiquement 脿 une action ordinaire, mais les actions sous-jacentes ne seront pas 茅mises et la personne d茅clarante ne dispose d'aucun droit de vote ni de disposition sur ces actions tant que l'emploi ou le mandat d'administrateur n'est pas termin茅. Le d茅p么t pr茅cise 茅galement des r猫gles d'expiration diff茅rentes : les attributions aux participants non 茅ligibles aux 脡tats-Unis expirent le 31 d茅cembre de l'ann茅e suivant la cessation ; celles aux participants 茅ligibles aux 脡tats-Unis expirent 90 jours apr猫s la cessation.
Erfan Ali, Direktor von NovaGold Resources Inc. (Ticker NG), meldete in einer Form 4-Einreichung die Gew盲hrung von 370 Deferred Share Units (DSUs) am 09.01.2025. Die DSUs werden mit einem Erwerbspreis von $0.00 verbucht und erh枚hen das direkte wirtschaftliche Eigentum der meldenden Person auf insgesamt 1.570 Stammaktien. Jede DSU entspricht wirtschaftlich einer Stammaktie, die zugrunde liegenden Aktien werden jedoch nicht ausgegeben und die meldende Person hat bis zur Beendigung der Anstellung oder des Direktorenamts keine Stimm- oder Verf眉gungsrechte an diesen Aktien. Die Einreichung nennt zudem unterschiedliche Verfallsregeln: Zuteilungen an nicht US-berechtigte Teilnehmer verfallen am 31. Dezember des dem Austritts folgenden Jahres; Zuteilungen an US-berechtigte Teilnehmer verfallen 90 Tage nach Austritt.
FAQ
What transaction did Erfan Ali report on Form 4 for NovaGold (NG)?
How many shares does Erfan Ali beneficially own after the reported transaction?
Do the DSUs give Erfan Ali voting rights in NovaGold?
What are the expiry rules for these DSU grants?
At what price were the DSUs recorded on the Form 4?
