Robert Quartermain, the chief executive officer of Dakota Gold Corp (NYSE: DC), sold a block of common stock on April 15, 2026, generating $75,443 in proceeds. The sale comprised 13,448 shares executed across multiple trades at a weighted average price of $5.61, with individual sale prices ranging from $5.60 to $5.61.
On the same calendar day, Quartermain also exercised options to acquire 275,000 shares at an exercise price of $4.76 per share, representing a total cash outlay of $1,309,000. To cover the exercise price of the options, Dakota Gold withheld 226,863 shares; those withheld shares were valued at $5.77 per share, for an aggregate value of $1,308,999.
After accounting for these transactions, Quartermain directly owns 8,031,364 shares of Dakota Gold Corp.
The insider activity coincides with a pronounced move in Dakota Gold's equity over the past year. According to InvestingPro data, the stock has risen 96% year-over-year. That appreciation has placed the share price above InvestingPro's Fair Value estimate, and the company currently carries a market capitalization of $762 million.
Also reported recently, H.C. Wainwright updated its coverage of Dakota Gold, raising the firm nalyst price target to $10.50 from $9.75 while maintaining a Buy rating. The firm cited results from Dakota Gold's recent drilling campaign as part of the rationale for the revision.
The drilling program delivered 29,524 meters of drilling across 242 drill holes, providing data intended to support a Pre-Feasibility Study. Among the reported intercepts, drill hole RH25C-310 returned 5.0 grams per tonne (g/t) gold and 28.64 g/t silver over 24.9 meters. Within that broader intercept, a higher-grade subsection recorded 60.82 g/t gold and 61.68 g/t silver over 1.5 meters.
These operational updates and the analyst revision are presented alongside the insider transactions. The transaction details - the sale of 13,448 shares at an average price of $5.61, the exercise of 275,000 options at $4.76 per share, and the withholding of 226,863 shares valued at $5.77 per share - are recorded as occurring on April 15, 2026. The company ontinues to advance drilling and study work intended to inform next-stage project evaluation.
Clear summary
On April 15, 2026, Dakota Gold CEO Robert Quartermain sold 13,448 shares for $75,443 and exercised 275,000 stock options at $4.76 each. Dakota Gold withheld 226,863 shares to cover the exercise, and Quartermain now directly holds 8,031,364 shares. The activity comes amid a strong year for the stock and an analyst price-target increase tied to drilling results feeding a Pre-Feasibility Study.