SUN VALLEY GOLD LLC - 23 Dec 2025 Form 4 Insider Report for VISTA GOLD CORP (VGZ)

Role: Former 10% Beneficial Owner
Signature: Sun Valley Gold LLC, By: Peter F. Palmedo, Managing Member, /s/ Peter F. Palmedo
Issuer symbol: VGZ
Transactions as of: 23 Dec 2025
Net transactions value: -$880,000
Form type: 4
Filing time: 29 Dec 2025, 08:47:29 UTC
Previous filing: 22 Dec 2025
SEC: View on sec.gov

Reporting Owners (2)

Name	Relationship	Address	Signature	Signature date	CIK
SUN VALLEY GOLD LLC	Former 10% Beneficial Owner	620 SUN VALLEY ROAD, 2ND FLOOR, PO BOX 2211, KETCHUM	Sun Valley Gold LLC, By: Peter F. Palmedo, Managing Member, /s/ Peter F. Palmedo	29 Dec 2025	0001280493
Palmedo Peter F.	Former 10% Beneficial Owner	C/O SUN VALLEY GOLD LLC, 620 SUN VALLEY ROAD, 2ND FL, PO BOX 2211, KETCHUM	Peter F. Palmedo, /s/ Peter F. Palmedo	29 Dec 2025	0001508389

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VGZ	Common Shares	Sale	$880,000	-400,000	-3.1%	$2.20	12,447,985	23 Dec 2025	Footnote	F1

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

SUN VALLEY GOLD LLC is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	The Common Shares are held in the accounts of advisory clients of Sun Valley Gold LLC and may be deemed to be beneficially owned by Sun Valley Gold LLC. Sun Valley Gold LLC disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.

Content

The Common Shares are held in the accounts of advisory clients of Sun Valley Gold LLC and may be deemed to be beneficially owned by Sun Valley Gold LLC. Sun Valley Gold LLC disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.