X0609 4 2026-05-01 0000754811 U S GLOBAL INVESTORS INC GROW 0002137707 Pilecki Derek Steven false 2502 N. ROCKY POINT DR. SUITE 665 TAMPA FL 33607 0 0 0 1 Control Person 0 Class A Common Stock (Non-Voting) 2026-05-01 4 P 0 205 2.63 A 1062679 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-06 4 P 0 259 2.61 A 1062938 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-07 4 P 0 2976 2.62 A 1065914 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-08 4 P 0 208 2.62 A 1066122 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-11 4 P 0 5354 2.6198 A 1071476 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-12 4 P 0 404 2.55 A 1071880 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-13 4 P 0 3601 2.5531 A 1075481 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-21 4 P 0 23910 2.5482 A 1099391 I Investment adviser with discretion over multiple client accounts (See Footnotes) Class A Common Stock (Non-Voting) 2026-05-28 4 P 0 1376 2.60 A 1100767 I Investment adviser with discretion over multiple client accounts (See Footnotes) Shares purchased in Gator Qualified Partners, LLC, an account over which Gator Capital Management, LLC exercises investment discretion. Shares purchased in Gator Financial Partners, LLC, an account over which Gator Capital Management, LLC exercises investment discretion. As of the date of this report, the Reporting Person's aggregate beneficial ownership of 1,100,767 shares is held across the following accounts: Gator Financial Partners, LLC (918,175 shares); Gator Qualified Partners, LLC (101,670 shares); ECA Fund, LP (74,922 shares); Managed Account (6,000 shares). Gator Capital Management, LLC disclaims beneficial ownership of these securities except to the extent of its pecuniary interest therein. The price reported is a weighted average price. The reporting person will provide full information regarding the number of shares purchased at each separate price upon request to the SEC staff or the issuer. This Form 4 is being filed late. /s/ Derek Pilecki 2026-06-02