STOCK TITAN

NOVAGOLD (NG) CFO adds shares through employee stock purchase plan

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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
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.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
ADAMEK PETER

(Last)(First)(Middle)
C/O NOVAGOLD, 201 SOUTH MAIN STREET
SUITE 400

(Street)
SALT LAKE CITY UTAH 84111

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
NOVAGOLD RESOURCES INC [ NG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Vice President & CFO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares03/31/2026AV755(1)A$10.24(2)11,282D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents shares acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan during the first calendar quarter of 2026.
2. 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.
Remarks:
/s/ Peter Adamek04/01/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

At what price did the NOVAGOLD (NG) shares in the Form 4 transact?

The reported price per share is a weighted average of $10.24. Footnotes state purchases occurred over three months at prices between $8.85 and $13.93, reflecting multiple small transactions aggregated for reporting purposes.

How many NOVAGOLD (NG) shares does the CFO hold after this transaction?

After the reported Employee Stock Purchase Plan acquisitions, CFO Peter Adamek directly holds 11,282 NOVAGOLD common shares. This figure represents his post-transaction ownership as shown in the Form 4’s holdings column for non-derivative securities.

What is the source of the shares acquired by NOVAGOLD (NG) CFO in this filing?

The filing states the 755 shares were acquired under the NOVAGOLD RESOURCES INC. Employee Stock Purchase Plan. This indicates the shares resulted from a company-sponsored program rather than a discretionary open-market purchase initiated independently.

Over what period were the NOVAGOLD (NG) ESPP shares accumulated?

The footnotes explain the shares were acquired during the first calendar quarter of 2026. Purchases were executed in multiple transactions across that three-month period, then reported together using a single weighted average price in the Form 4.