RYES Form 4 shows DSUs grant, options at $0.25, updated holdings
Rhea-AI Filing Summary
Rise Gold Corp. (RYES) insider Daniel Oliver, a director and 10% owner, filed a Form 4 reporting equity awards and updated holdings. On 10/30/2025, he reported 365,854 Deferred Share Units (DSUs) at $0.00 and an option grant for 300,000 shares at an exercise price of $0.25 expiring on 10/30/2030. Prior awards listed include options of 200,000 at $0.10 (05/22/2025–05/22/2030), 60,000 at $0.10 (03/25/2025–03/25/2030), 15,000 at $0.17 (05/01/2024–05/01/2029), and 200,000 at $0.25 (12/12/2023–12/12/2028), along with multiple warrants.
Following the transactions, reported beneficial ownership shows 1,210,653 shares direct and 14,663,191 shares indirect via Myrmikan Gold Fund, LLC. The filing notes a warrant standstill agreement (as amended on 05/08/2025 and 10/24/2025) under which the holder agreed not to exercise specified warrants; it may be terminated on 61 days' written notice. The DSUs are fully vested on grant, subject to approval of the company’s Long-Term Incentive Plan at the annual meeting on 11-19-25.
Positive
- None.
Negative
- None.
Insights
Routine Form 4 with grants and a standstill; neutral impact.
The filing details equity awards to a director/10% owner, including 365,854 DSUs and a 300,000-share option at $0.25 expiring on 10/30/2030. It also lists prior options and multiple warrants, plus updated direct and indirect holdings.
A warrant standstill, amended on 05/08/2025 and 10/24/2025, states the holder will not exercise specified warrants and can end with 61 days' notice. DSUs vest on grant, subject to LTIP approval at the 11-19-25 annual meeting.
This is administrative disclosure; actual impact depends on plan approval and any future notice ending the standstill, which the excerpt does not specify beyond the stated terms.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units (DSUs) | 365,854 | $0.00 | -- |
| Grant/Award | Options | 300,000 | $0.00 | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Options | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Warrants | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The holder and the issuer have entered into a warrant standstill agreement dated 4-9-24, as amended and restated on May 8, 2025 with respect to Mr. Oliver and October 24, 2025 with respect to the Fund, pursuant to which the holder has agreed not to exercise these warrants. The agreement will remain in effect until terminated upon 61 days' written notice to the issuer from the holder. On that basis, the holder does not beneficially own the shares of common stock underlying the warrants, as defined for purposes of Section 13(d) of the Securities Exchange Act of 1934, as amended. These warrants were issued in connection with a secured loan agreement pursuant to which the holder loaned $500,000 to the issuer. Fully vested on the date of grant, subject only to the approval of the issuer's Long-Term Incentive Plan at the issuer's annual general meeting of stockholders to be held on 11-19-25. The reporting person is entitled to receive one share of the issuer's Common Stock for each DSU held upon ceasing to be an Eligible Person as defined in the issuer's Long-Term Incentive Plan. "Eligible Person" means a Director, Officer, Employee, Management Company Employee, or Consultant of the Issuer or a subsidiary of the Issuer.