Luke Anthony Norman - 21 Jan 2026 Form 4 Insider Report for U.S. GOLD CORP. (USAU)

Role: Director
Signature: /s/ Eric Alexander, as Attorney-in-Fact for Luke Anthony Norman
Issuer symbol: USAU
Transactions as of: 21 Jan 2026
Net transactions value: $0
Form type: 4
Filing time: 23 Jan 2026, 16:30:40 UTC
Previous filing: 12 Aug 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
NORMAN LUKE ANTHONY	Director	C/O U.S. GOLD CORP, 1910 E. IDAHO STREET, SUITE 102-BOX 60, ELKO,	/s/ Eric Alexander, as Attorney-in-Fact for Luke Anthony Norman	23 Jan 2026	0001931343

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USAU	Common Stock	Award	$0	+9,591	+2.2%	$0.000000	449,401	21 Jan 2026	Direct	F1

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	USAU	Stock Options	Award	$0	+15,982		$0.000000	15,982	21 Jan 2026	Common Stock	15,982	$19.24	Direct	F2

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

Explanation of Responses:

Id	Content
F1	Represents deferred stock units granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The deferred stock units become service-satisfied on the first anniversary of the grant date, subject to the reporting person's continuous service through that date. The portion of the deferred stock units that have become service-satisfied will vest upon the reporting person's cessation of service as a member of the Board.
F2	Represents options granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The options vest on the first anniversary of the grant date, subject to the reporting person's continuous service through that date.

Content

Represents deferred stock units granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The deferred stock units become service-satisfied on the first anniversary of the grant date, subject to the reporting person's continuous service through that date. The portion of the deferred stock units that have become service-satisfied will vest upon the reporting person's cessation of service as a member of the Board.

Represents options granted to the reporting person pursuant to the U.S. Gold Corp. Amended and Restated 2020 Stock Incentive Plan. The options vest on the first anniversary of the grant date, subject to the reporting person's continuous service through that date.