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

Role
VP Corporate Development
Signature
/s/ Stephan Michael Spears
Stock symbol
MUX
Transactions as of
Nov 10, 2025
Transactions value $
$0
Form type
4
Date filed
11/19/2025, 06:52 PM
Previous filing
Nov 19, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Spears Stephan Michael VP Corporate Development C/O MCEWEN INC., 150 KING STREET WEST, SUITE 2800, TORONTO, ONTARIO, CANADA /s/ Stephan Michael Spears 2025-11-19 0001443450

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MUX Common Stock Options Exercise +558 +14.63% 4.37K Nov 10, 2025 Direct F1
transaction MUX Common Stock Options Exercise +232 +5.31% 4.6K Nov 10, 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 MUX Restricted Stock Units Options Exercise $0 -1.2K -33.33% $0.00 2.4K Nov 10, 2025 Common Stock 1.2K Direct F1, F2
transaction MUX Restricted Stock Units Options Exercise $0 -500 -33.33% $0.00 1K Nov 10, 2025 Common Stock 500 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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.
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.
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.