Solitario Resources (XPL) director James Hesketh reports 160,000 stock option grant

Rhea-AI Filing Summary

Solitario Resources Corp. director James Hesketh reported a new stock option grant. On 12/02/2025, he acquired options to purchase 160,000 shares of Solitario common stock at an exercise price of $0.63 per share. These options become exercisable on 12/02/2025 and expire on 12/01/2030. After this transaction, Hesketh beneficially owned 490,000 stock options in total, held directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Hesketh James KB

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Options	160,000	$0.62	$99K

Holdings After Transaction: Options — 490,000 shares (Direct)

Footnotes (1)

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Hesketh James KB

(Last) (First) (Middle)

65 SOUTH JOYCE STREET

(Street)

GOLDEN CO 80401

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SOLITARIO RESOURCES CORP. [ XPL ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/02/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	$0.63	12/02/2025		A		160,000		12/02/2025	12/01/2030	Common	160,000	$0.62	490,000	D

Explanation of Responses:

	James Hesketh	12/09/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did Solitario Resources Corp. (XPL) report?

The company reported that director James Hesketh received a grant of stock options covering 160,000 shares of Solitario common stock on 12/02/2025.

What is the exercise price of James Hesketh’s new options in Solitario Resources (XPL)?

The options granted to James Hesketh have an exercise price of $0.63 per share for the underlying Solitario common stock.

When do James Hesketh’s Solitario (XPL) options vest and expire?

The options are exercisable starting 12/02/2025 and have an expiration date of 12/01/2030, after which they can no longer be exercised.

How many Solitario Resources (XPL) options does James Hesketh own after this transaction?

Following the reported grant, James Hesketh beneficially owned 490,000 Solitario stock options in total, held directly.

What is the role of James Hesketh at Solitario Resources Corp. (XPL)?

James Hesketh is listed as a director of Solitario Resources Corp. in the filing.

Is the Form 4 for Solitario Resources (XPL) filed for one reporting person or a group?

The Form 4 was filed by one reporting person, identified as director James Hesketh.