Luke Anthony Norman - 09 Aug 2025 Form 4 Insider Report for U.S. GOLD CORP. (USAU)

Role: Director
Signature: /s/ Eric Alexander as attorney-in-fact for Luke Norman
Issuer symbol: USAU
Transactions as of: 09 Aug 2025
Net transactions value: -$2.34
Form type: 4
Filing time: 12 Aug 2025, 18:01:31 UTC
Previous filing: 31 Dec 2024
Next filing: 23 Jan 2026
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 604, ELKO	/s/ Eric Alexander as attorney-in-fact for Luke Norman	12 Aug 2025	0001931343

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	USAU	Common Stock	Exercise of in-the-money or at-the-money derivative security	$600,000	+100,000	+26%	$6.00	489,727	09 Aug 2025	Direct
transaction	USAU	Common Stock	Sale	$600,002	-49,917	-10%	$12.02	439,810	09 Aug 2025	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	Warrant	Exercise of in-the-money or at-the-money derivative security	$0	-100,000	-100%	$0.000000	0	09 Aug 2025	Common Stock	100,000	$6.00	Direct

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

Explanation of Responses:

Id	Content
F1	On August 9, 2025, the reporting person exercised a warrant to purchase 100,000 shares of U.S. Gold Corp. (the "Company") common stock for $6.00 a share. The reporting person paid the exercise price on a cashless basis, resulting in the Company withholding 49,917 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 50,083 shares. The Company also paid $2.34 to the reporting person in lieu of a fractional share.

Content

On August 9, 2025, the reporting person exercised a warrant to purchase 100,000 shares of U.S. Gold Corp. (the "Company") common stock for $6.00 a share. The reporting person paid the exercise price on a cashless basis, resulting in the Company withholding 49,917 of the warrant shares to pay the exercise price and issuing to the reporting person the remaining 50,083 shares. The Company also paid $2.34 to the reporting person in lieu of a fractional share.