Kalidas V Madhavpeddi - 01 Dec 2025 Form 4 Insider Report for NOVAGOLD RESOURCES INC (NG)

Role: Director
Signature: /s/ Kalidas V. Madhavpeddi
Issuer symbol: NG
Transactions as of: 01 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 02 Dec 2025, 10:10:11 UTC
Previous filing: 02 Sep 2025
Next filing: 04 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
MADHAVPEDDI KALIDAS V	Director	C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN STREET, SUITE 400, SALT LAKE CITY	/s/ Kalidas V. Madhavpeddi	02 Dec 2025	0001192042

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NG	Common Shares	Award	$0	+593	+0.96%	$0.000000	62,199	01 Dec 2025	Direct	F1
holding	NG	Common Shares						55,152	01 Dec 2025	Azteca Consulting LLC
holding	NG	Common Shares						80,404	01 Dec 2025	Madhavpeddi Family Trust

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent of one share of the Issuer's common stock. 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. Grants to non-U.S. Eligible Participants will expire on December 31 of the year following the reporting person's termination date; grants to U.S. Eligible Participants will expire 90 days following the reporting person's termination date.

Content

Grant of Deferred Share Units (DSUs). Each DSU is the economic equivalent of one share of the Issuer's common stock. 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. Grants to non-U.S. Eligible Participants will expire on December 31 of the year following the reporting person's termination date; grants to U.S. Eligible Participants will expire 90 days following the reporting person's termination date.