Daniel Breeze - 04 Dec 2025 Form 4 Insider Report for ROYAL GOLD INC (RGLD)

Role: SVP Corp Dev of RGLD Gold AG
Signature: Michelle Perry, by power of attorney
Issuer symbol: RGLD
Transactions as of: 04 Dec 2025
Net transactions value: -$196,163
Form type: 4
Filing time: 04 Dec 2025, 16:14:04 UTC
Previous filing: 11 Mar 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Breeze Daniel	SVP Corp Dev of RGLD Gold AG	1144 15TH STREET, SUITE 2500, DENVER	Michelle Perry, by power of attorney	04 Dec 2025	0001763576

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	RGLD	Common Stock	Sale	$196,163	-970	-4.8%	$202.23	19,409	04 Dec 2025	Direct	F1

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

Explanation of Responses:

Id	Content
F1	The price reported above reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $202.15 to $202.30, inclusive. The reporting person undertakes to provide to 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.

Content

The price reported above reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $202.15 to $202.30, inclusive. The reporting person undertakes to provide to 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.