NOVAGOLD (NG) CFO adds shares through employee stock purchase plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOVAGOLD RESOURCES INC Vice President & CFO Peter Adamek reported acquiring 755 common shares through the company’s Employee Stock Purchase Plan for the first calendar quarter of 2026. The Form 4 shows a weighted average purchase price of $10.24 per share across multiple transactions.
Following these acquisitions, Adamek directly holds 11,282 common shares of NOVAGOLD. The footnotes explain that the shares were bought over a three‑month period at prices ranging from $8.85 to $13.93 per share, reflecting routine, compensation-related accumulation rather than a single open‑market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
ADAMEK PETER
Role
Vice President & CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 755 | $10.24 | $8K |
Holdings After Transaction:
Common Shares — 11,282 shares (Direct)
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: 755 shares
Weighted average price: $10.24/share
Post-transaction holdings: 11,282 shares
+2 more
5 metrics
Shares acquired
755 shares
Common shares acquired under ESPP, first calendar quarter 2026
Weighted average price
$10.24/share
Average purchase price across multiple ESPP transactions
Post-transaction holdings
11,282 shares
Direct NOVAGOLD common share ownership after ESPP acquisitions
Price range
$8.85–$13.93/share
Range of prices for ESPP purchases over three months
Insider role
Vice President & CFO
Officer title of reporting person Peter Adamek
Key Terms
Employee Stock Purchase Plan, weighted average price, multiple transactions, beneficial ownership
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.
multiple transactions financial
"These shares were purchased in multiple transactions over a three-month period"
beneficial ownership financial
"full information regarding the number of shares purchased at each separate price"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What did NOVAGOLD (NG) CFO Peter Adamek report in this Form 4?
NOVAGOLD’s CFO Peter Adamek reported acquiring 755 common shares through the company’s Employee Stock Purchase Plan. These routine, compensation-linked purchases occurred during the first calendar quarter of 2026 and modestly increased his direct ownership stake in NOVAGOLD.