Stephan Michael Spears - 20 Dec 2025 Form 4 Insider Report for McEwen Inc. (MUX)

Role
VP Corporate Development
Signature
/s/ Stephan Michael Spears
Issuer symbol
MUX
Transactions as of
20 Dec 2025
Net transactions value
$0
Form type
4
Filing time
23 Dec 2025, 16:52:34 UTC
Previous filing
19 Nov 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spears Stephan Michael VP Corporate Development C/O MCEWEN INC., 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO, CANADA /s/ Stephan Michael Spears 23 Dec 2025 0001443450

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction MUX Restricted Stock Units Options Exercise $0 -1,200 -50% $0.000000 1,200 20 Dec 2025 Common Stock 1,200 Direct F1, F2
transaction MUX Restricted Stock Units Options Exercise $0 -500 -50% $0.000000 500 20 Dec 2025 Common Stock 500 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock, or the cash value thereof as set forth in the award agreement, in the discretion of the Issuer's Compensation, Nominating & Corporate Governance Committee.
F2 The restricted stock units were granted on August 11, 2025. Subsequently, the vesting schedule of the restricted stock units was amended to accelerate the second vesting event from December 28, 2025 to December 20, 2025. Accordingly, the restricted stock units vested as to 1,200 shares on December 20, 2025, all of which were settled for cash. The restricted stock units will vest as to the remaining shares on June 28, 2026.
F3 The restricted stock units were granted on September 8, 2025. Subsequently, the vesting schedule of the restricted stock units was amended to accelerate the second vesting event from December 28, 2025 to December 20, 2025. Accordingly, the restricted stock units vested as to 500 shares on December 20, 2025, all of which were settled for cash. The restricted stock units will vest as to the remaining shares on June 28, 2026.