Stephan Michael Spears - 10 Nov 2025 Form 4 Insider Report for McEwen Inc. (MUX)

Reporting relationship: VP Corporate Development
Issuer ticker: MUX
Reported as of: 10 Nov 2025
Net transaction value: $0
SEC form: 4
Accepted by SEC: 19 Nov 2025, 18:52:22 UTC
Prior SEC filing: 19 Nov 2025
Next SEC filing: 23 Dec 2025
Source filing: View source filing
Reporting owner signature: /s/ Stephan Michael Spears

Key filing fact

Stephan Michael Spears filed Form 4 for McEwen Inc. (MUX) on 19 Nov 2025.

Key facts

This page summarizes Stephan Michael Spears's Form 4 filing for McEwen Inc. (MUX).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 19 Nov 2025, 18:52.

Change

Previous filing in this sequence was filed on 19 Nov 2025.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001443450 Primary reporting owner

Spears Stephan Michael

Relationship: VP Corporate Development
Address: C/O MCEWEN INC., 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO, CANADA
Signature: /s/ Stephan Michael Spears
Signature date: 19 Nov 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

MUX transaction

Common Stock

Options Exercise

Transaction value
Shares: +558
Change %: +15%
Price
Shares after: 4,372
Date: 10 Nov 2025
Ownership: Direct
Footnotes: F1

MUX transaction

Common Stock

Options Exercise

Transaction value
Shares: +232
Change %: +5.3%
Price
Shares after: 4,604
Date: 10 Nov 2025
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

MUX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -1,200
Change %: -33%
Price: $0.000000
Shares after: 2,400
Date: 10 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,200
Exercise price
Footnotes: F1, F2

MUX transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value: $0
Shares: -500
Change %: -33%
Price: $0.000000
Shares after: 1,000
Date: 10 Nov 2025
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 500
Exercise price
Footnotes: F1, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote 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.

Footnote F2

The restricted stock units were granted on August 11, 2025. Subsequent to the grant on August 11, 2025, the vesting schedule of the restricted stock units was amended to be identical to the vesting schedule of the 1,500 restricted stock units granted on September 8, 2025. Accordingly, the restricted stock units vested as to 1,200 shares on November 10, 2025, of which 642 shares settled for cash. The restricted stock units will vest as to the remaining shares in two equal installments on each of December 28, 2025 and June 28, 2026.

Footnote F3

The restricted stock units were granted on September 8, 2025 and vested as to 500 shares on November 10, 2025, of which 268 shares settled for cash. The restricted stock units will vest as to the remaining shares in two equal installments on each of December 28, 2025 and June 28, 2026.