SEC Form 4
Royal Gold Inc (RGLD) insider trading
In the 12 months to Oct 23, 2026, 7 RGLD insiders reported open-market sales of $6.4M across 12 filings; no open-market purchases were filed.
Latest filing · Last 12 months · Source: SEC EDGAR · How we count
- Open-market sales
- $6.4M
- 12 filings · 7 insiders
- Open-market purchases
- $0
- 0 filings
- Pre-arranged sales (10b5-1)
- 3 of 12
- $3.4M of $6.4M sold (53%)
Who traded RGLD, and when
- Sale
- Sale, pre-arranged (10b5-1)
RGLD daily close from Oct 23, 2025 to Oct 23, 2026, between $169.08 and $304.29, last $227.42. 12 sale and 0 purchase filings by 7 insiders, marked at their filing dates. William Holmes Heissenbuttel, President & CEO: sold $2.5M across 2 filings, first filed Sep 8, 2026, last Oct 6, 2026. William M. Hayes, Director: sold $1.2M across 1 filing, first filed Feb 23, 2026, last Feb 23, 2026. Paul Libner, SVP & CFO: sold $907.1K across 1 filing, first filed Mar 4, 2026, last Mar 4, 2026. Daniel Breeze, SVP Corp Dev of RGLD Gold AG: sold $617.4K across 2 filings, first filed Dec 4, 2025, last Mar 2, 2026. Mark Isto, Director: sold $549.7K across 1 filing, first filed Mar 12, 2026, last Mar 12, 2026. Randy Shefman, SVP & General Counsel: sold $483.1K across 3 filings, first filed May 11, 2026, last Aug 28, 2026. Ronald J. Vance, Director: sold $174.7K across 2 filings, first filed Dec 12, 2025, last Dec 17, 2025.
Largest mark · tap a row for others
William Holmes Heissenbuttel · President & CEO
Sale $1,916,112
7,275 shares at $263.38 avg
Filed Sep 8, 2026 · traded Sep 3
Pre-arranged (10b5-1) · close on filing date $261.37
William Holmes Heissenbuttel · President & CEO
President & CEO
$2.5M soldWilliam M. Hayes · Director
Director
$1.2M soldPaul Libner · SVP & CFO
SVP & CFO
$907.1K soldDaniel Breeze · SVP Corp Dev of RGLD Gold AG
SVP Corp Dev of RGLD Gold AG
$617.4K soldMark Isto · Director
Director
$549.7K soldRandy Shefman · SVP & General Counsel
SVP & General Counsel
$483.1K soldRonald J. Vance · Director
Director
$174.7K soldHas Royal Gold Inc's CEO sold stock?
Yes. William Holmes Heissenbuttel (CEO) sold 9,700 shares ($2.5M) between Sep 2026 and Oct 2026, all under a pre-arranged 10b5-1 plan.
Open-market trades
12 filings in the last 12 months| Insider | Role | Sold | Bought | Filings | Pre-arranged (10b5-1) | Last filed |
|---|---|---|---|---|---|---|
| William Holmes Heissenbuttel | President & CEO | $2.5M | — | 2 | 100% of sales | |
| William M. Hayes | Director | $1.2M | — | 1 | — | |
| Paul Libner | SVP & CFO | $907.1K | — | 1 | 100% of sales | |
| Daniel Breeze | SVP Corp Dev of RGLD Gold AG | $617.4K | — | 2 | — | |
| Mark Isto | Director | $549.7K | — | 1 | — | |
| Randy Shefman | SVP & General Counsel | $483.1K | — | 3 | — | |
| Ronald J. Vance | Director | $174.7K | — | 2 | — |
| Filed | Insider | Type | Shares | Avg price | Value | Held after | Source |
|---|---|---|---|---|---|---|---|
traded | William Holmes Heissenbuttel President & CEO | SalePre-arranged (10b5-1) | 2,425 | $234.07 | $567.6K | 59,207 | |
traded | William Holmes Heissenbuttel President & CEO | SalePre-arranged (10b5-1) | 7,275 | $263.38 | $1.9M | 122,255 | |
traded | Randy Shefman SVP & General Counsel | Sale | 500 | $262.80 | $131.4K | 8,082 | |
traded | Randy Shefman SVP & General Counsel | Sale | 500 | $215.85 | $107.9K | 8,582 | |
traded | Randy Shefman SVP & General Counsel | Sale | 1,000 | $243.74 | $243.7K | 9,082 | |
traded | Mark Isto Director | Sale | 2,000 | $274.83 | $549.7K | 20,043 | |
traded | Paul Libner SVP & CFO | SalePre-arranged (10b5-1) | 3,200 | $283.47 | $907.1K | 18,267 | |
traded | Daniel Breeze SVP Corp Dev of RGLD Gold AG | Sale | 1,400 | $300.87 | $421.2K | 20,840 | |
traded | William M. Hayes Director | Sale | 4,173 | $277.07 | $1.2M | 6,129 | |
traded | Ronald J. Vance Director | Sale | 300 | $218.53 | $65.6K | 8,428 | |
traded | Ronald J. Vance Director | Sale | 500 | $218.29 | $109.1K | 8,728 | |
traded | Daniel Breeze SVP Corp Dev of RGLD Gold AG | Sale | 970 | $202.23 | $196.2K | 19,409 |
GET /stocks/filings/vX/form-4?tickers=RGLD&filing_date.gte=2025-10-23&sort=filing_date.desc&limit=500{
"status": "OK",
"results": [
{
"tickers": [
"RGLD"
],
"issuer_cik": "0000085535",
"owner_cik": "0001390606",
"accession_number": "0001390606-26-000006",
"form_type": "4",
"filing_date": "2026-10-06",
"period_of_report": "2026-10-05",
"issuer_name": "ROYAL GOLD INC",
"issuer_trading_symbol": "RGLD",
"owner_name": "Heissenbuttel William Holmes",
"is_director": true,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "President & CEO",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": true,
"transaction_date": "2026-10-05",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 280,
"transaction_price_per_share": 233.1,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 61031,
"transaction_value": 65268,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F1",
"description": "The reporting person's sales reported in this Form 4 were effected pursuant to a written plan adopted by the reporting person on June 4, 2026 in accordance with Rule 10b5-1(c) of the Securities Exchange Act of 1934."
},
{
"id": "F4",
"description": "The price reported above reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $232.72 to $233.70, inclusive."
}
]
},
{
"tickers": [
"RGLD"
],
"issuer_cik": "0000085535",
"owner_cik": "0001390606",
"accession_number": "0001390606-26-000006",
"form_type": "4",
"filing_date": "2026-10-06",
"period_of_report": "2026-10-05",
"issuer_name": "ROYAL GOLD INC",
"issuer_trading_symbol": "RGLD",
"owner_name": "Heissenbuttel William Holmes",
"is_director": true,
"is_officer": true,
"is_ten_percent_owner": false,
"is_other": false,
"officer_title": "President & CEO",
"security_type": "non_derivative",
"record_type": "transaction",
"security_title": "Common Stock",
"transaction_timeliness": "O",
"aff_10b5_one": true,
"transaction_date": "2026-10-05",
"transaction_code": "S",
"equity_swap_involved": false,
"transaction_shares": 120,
"transaction_price_per_share": 230.22,
"transaction_acquired_disposed": "D",
"shares_owned_following_transaction": 61471,
"transaction_value": 27626.4,
"not_subject_to_section_16": false,
"direct_or_indirect": "D",
"footnotes": [
{
"id": "F1",
"description": "The reporting person's sales reported in this Form 4 were effected pursuant to a written plan adopted by the reporting person on June 4, 2026 in accordance with Rule 10b5-1(c) of the Securities Exchange Act of 1934."
},
{
"id": "F2",
"description": "The price reported above reflects the weighted average sale price. These shares were sold in multiple transactions at prices ranging from $230.18 to $230.41, 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."
}
]
}
]
}
// trimmed to 2 resultsThe response includes every Form 4 record; this page keeps open-market purchases and sales on common stock and removes duplicate joint-filer rows.
Other insider activity (not market trades) · 33 records
- Tax withholding15 records
- Grants and awards13 records
- Gifts5 records
Reported on Form 4 but not purchases or sales in the market, so not counted in the totals above.
Build this yourself
This page joins two Massive endpoints: Form 4 filings and daily prices. Ask an agent to watch for new filings:
Using the Massive API (massive.com/docs/llms.txt), check Form 4 filings for RGLD every day with transaction_code=P and tell me when an insider files an open-market purchase, with their role, shares, price and the filing link.
How to read this page
- Open-market purchase or sale
- A buy or sell of the company's stock at market price. Grants, option exercises, shares withheld for tax, gifts and employee stock plan purchases are listed separately and not counted.
- Pre-arranged (10b5-1)
- The insider marked the filing as made under a trading plan set up in advance (SEC Rule 10b5-1). The mark covers the whole filing, and an unmarked filing may still be under a plan.
- Filing date
- Insiders have two business days to report a trade. Totals and the chart use the filing date, when the trade became public.