Director Elaine J. Dorward-King filed a Form 4 with the SEC on September 2, 2026, reporting the acquisition of 1,151 Deferred Share Units in NovaGold Resources Inc. on September 1, 2026.

Key Highlights

  • Reporting person: Elaine J. Dorward-King, listed as a Director of NovaGold Resources Inc.
  • Transaction: Acquisition of 1,151 common shares via a grant of Deferred Share Units (DSUs), coded "A" (acquired), at a price of $0.00.
  • Transaction date: September 1, 2026.
  • Post-transaction ownership: 38,583 common shares beneficially owned directly following the reported transaction.
  • DSU terms: Each DSU is the economic equivalent of one common share; underlying shares are not issued until termination of the reporting person's employment or services as a director.
  • Voting and dispositive rights: According to the filing, the reporting person has no voting or dispositive rights with respect to the underlying common shares until termination.

NovaGold Director DSU Grant: Transaction Details and Ownership Terms

According to the Form 4 filed on September 2, 2026, Elaine J. Dorward-King, a Director of NOVAGOLD RESOURCES INC. (NYSE:NG), acquired 1,151 Deferred Share Units on September 1, 2026, at a price of $0.00 per unit. The filing records the transaction under Table I as non-derivative securities acquired, with transaction code "A," indicating an acquisition. Following this grant, the filing reports Dorward-King's direct beneficial ownership at 38,583 common shares.

The filing explains the nature of the DSU grant in its footnote: "Each DSU is the economic equivalent of one share of the Issuer's common stock." However, the filing further states that "the underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until termination of the reporting person's employment or services as a director of NOVAGOLD RESOURCES INC."

The filing also discloses expiration conditions tied to the participant's classification. Grants to non-U.S. Eligible Participants will expire on December 31 of the year following the reporting person's termination date, while grants to U.S. Eligible Participants will expire 90 days following the reporting person's termination date. The form was signed by Sean Pettey as attorney-in-fact for Elaine J. Dorward-King on September 2, 2026.

What Was Disclosed

The filing reported a grant of 1,151 Deferred Share Units to Director Elaine J. Dorward-King of NovaGold Resources Inc. on September 1, 2026, at no cost, bringing her directly held beneficial ownership to 38,583 common shares.