---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-24-006624"
form_type: "8-K"
ticker: "GORO"
cik: "0001160791"
company_name: "GOLD RESOURCE CORP"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T22:55:16.368889+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Gold Resource pays 2023 executive bonuses in RSUs at 59.1% of target to conserve cash

## Summary
- 2023 STIP paid at 59.1% of target; CEO Palmiere gets 313,165 RSUs ($175,591 value).
- CFO Holyoak gets 101,225 RSUs ($56,757); COO Reyes gets 143,824 RSUs ($80,642).
- Cash conservation cited for RSU issuance instead of cash; RSUs vest in three annual installments.
- Net loss for FY2023 was $16.017M; TSR per $100 investment is $25.

## SEC filing metadata
- accession: 0001558370-24-006624
- form_type: 8-K
- ticker: GORO
- cik: 0001160791
- company_name: GOLD RESOURCE CORP
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1160791/000155837024006624/0001558370-24-006624-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1160791/000155837024006624/goro-20240429x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-24-006624
- JSON: https://secwatch.observer/filing/0001558370-24-006624.json
- Plain text: https://secwatch.observer/filing/0001558370-24-006624.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.