144 0001390606 XXXXXXXX LIVE 0000085535 Royal Gold, Inc 001-13357 1144 15th Street, Suite 2500 Denver CO 80202 3035731600 WILLIAM HEISSENBUTTEL Director Officer Common Morgan Stanley Smith Barney LLC Executive Financial Services

1 New York Plaza 8th Floor New York NY 10004

9700 2506286.00 84727857 09/03/2026 NASDAQ Common 03/01/2025 Restricted Stock Units Issuer N 9700 03/01/2025 N/A Y The securities to be sold were acquired upon the vesting of restricted stock units during the period of 3/1/2025 through 3/2/2026 . 09/03/2026 06/04/2026 /s/ William H. Heissenbuttel