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Spears Stephan Michael's Form 4 filing

McEwen Inc. (MUX) · filed Nov 19, 2025

Accession no.
0001104659-25-114229
Filed
Nov 19, 2025
Trade date
Sep 19, 2025
Filing delay
61 daysLate
Rule 10b5-1 plan
Not checked

This filing lists 2 non-derivative transactions and 1 derivative transaction. Open-market sales total $180.8K. It was filed 61 days after the trade, past the 2-business-day deadline.

Reporting owners

A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.

Reporting owners on this filing
OwnerRelationship to the company
Spears Stephan MichaelCIK 0001443450Officer (VP Corporate Development)

Non-derivative securities (Table I)

Acquisitions and disposals of common stock and similar shares, one row per line on the filing.

Non-derivative transactions
Trade dateSecurityTransactionSharesPriceValueShares afterOwnershipFlags
Sep 19, 2025Common StockMOption exerciseAcquired+12,600$1.25+$15,75016,414Direct
Sep 19, 2025Common StockSSaleDisposed−12,600$14.35F1−$180,8103,814Direct

Derivative securities (Table II)

Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.

Derivative transactions
Trade dateSecurityTransactionUnderlying sharesUnit priceValueHeld afterOwnershipFlags
Sep 19, 2025Common StockMOption exerciseDisposed−12,600$0.00$00Direct

Footnotes and remarks

Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.

F1

The price reported in Column 4 is a weighted average price. The Reporting Person sold shares in multiple transactions at prices ranging from $13.71 to $14.65. The Reporting Person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth herein.

Referenced by the price of 1 transaction in Table I.

Remarks

This Form 4 reports the exercise of an option granted in 2020 that was nearing its September 28 expiration date. The number of stock options and underlying shares of common stock reported herein have been adjusted to account for the Issuer's 10-for-1 reverse stock split that became effective on July 28, 2022.

Read the full filing on SEC EDGAR (opens in a new tab)