NovaGold (NYSE: NG) CEO acquires 1,622 shares under employee plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC President and CEO Gregory A. Lang acquired 1,622 Common Shares through the company’s Employee Stock Purchase Plan for the first calendar quarter of 2026. The weighted average purchase price was $10.24 per share, based on multiple purchases between $8.85 and $13.93 over three months.
After this compensation-related acquisition, Lang directly holds 111,336 Common Shares. He also has indirect holdings reported as 1,494,143 shares in a Family Trust and 445,000 shares in an Irrevocable Trust, reflecting a much larger overall equity position than the newly acquired shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Lang Gregory A.
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 1,622 | $10.24 | $17K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 111,336 shares (Direct);
Common Shares — 1,494,143 shares (Indirect, Family Trust)
Footnotes (1)
- Represents shares acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan during the first calendar quarter of 2026. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions over a three-month period at prices ranging from $8.85 to $13.93, inclusive. The reporting person undertakes to provide to NOVAGOLD RESOURCES INC, any security holder of NOVAGOLD RESOURCES INC., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
Key Figures
Shares acquired via ESPP: 1,622 shares
Weighted average purchase price: $10.24/share
Purchase price range: $8.85–$13.93/share
+3 more
6 metrics
Shares acquired via ESPP
1,622 shares
Employee Stock Purchase Plan, first calendar quarter 2026
Weighted average purchase price
$10.24/share
Employee Stock Purchase Plan purchases aggregated in Form 4
Purchase price range
$8.85–$13.93/share
Multiple ESPP transactions over three months
Direct holdings after transaction
111,336 shares
Common Shares held directly by CEO Gregory A. Lang
Family Trust indirect holdings
1,494,143 shares
Common Shares held indirectly via Family Trust
Irrevocable Trust indirect holdings
445,000 shares
Common Shares held indirectly via Irrevocable Trust
Key Terms
Employee Stock Purchase Plan, weighted average price, Family Trust, Irrevocable Trust
4 terms
Employee Stock Purchase Plan financial
"Represents shares acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Family Trust financial
"total_shares_following_transaction": "1494143.0000" ... "nature_of_ownership": "Family Trust""
Irrevocable Trust financial
"total_shares_following_transaction": "445000.0000" ... "nature_of_ownership": "Irrevocable Trust""
FAQ
What did NOVAGOLD (NG) CEO Gregory Lang report in this Form 4?
NOVAGOLD CEO Gregory Lang reported acquiring 1,622 Common Shares through the Employee Stock Purchase Plan for the first quarter of 2026. This is a compensation-related purchase at a weighted average price of $10.24 per share, not an open-market trade.
Are the NOVAGOLD (NG) CEO’s transactions open-market buys or plan purchases?
The reported acquisition is from NOVAGOLD’s Employee Stock Purchase Plan, coded as a grant or award transaction. Footnotes explain shares were bought over the quarter under the plan, so it is compensation-related rather than a discretionary open-market purchase in the usual sense.
What indirect NOVAGOLD (NG) holdings are reported for the CEO?
The Form 4 shows indirect NOVAGOLD holdings of 1,494,143 Common Shares in a Family Trust and 445,000 Common Shares in an Irrevocable Trust. These entries are reported as indirect ownership interests separate from Lang’s 111,336 Common Shares held directly in his own name.