Savarie David Roger 4

What Happened

• David Roger Savarie, Executive Vice President and General Counsel of i-80 Gold Corp. (IAUX), purchased 6,500 common shares in an open market or private purchase on March 25, 2026 at US$1.40 per share, for a total of US$9,100.
• On the same date he was also granted 183,334 Restricted Share Units (RSUs) (derivative award) at a $0 exercise price. The RSUs are a contingent right to receive one share each and will vest in full on March 1, 2029; vested RSUs settle in cash or shares at the issuer’s discretion.

Key Details

• Transaction dates: March 25, 2026; Form 4 filed March 27, 2026 (filed within the typical 2-business-day Section 16 window).
• Purchase: 6,500 shares @ US$1.40 each (Canadian price C$1.93 converted using C$1.3801 = US$1.00) — total US$9,100.
• Award: 183,334 RSUs granted (reported as a derivative award, $0 acquisition price).
• Post-transaction holdings: Not specified in the provided filing details.
• Footnotes of note: F1 (CAD→USD conversion), F2 (reporting person disclaims beneficial ownership except to pecuniary interest), F3 (RSU vesting and settlement terms).
• No indication this was a sale or tax-withholding event; the purchase is an outright acquisition and the RSUs are an award.

Context

• RSUs are not immediate stock — they are a promise to deliver shares (or cash equivalent) upon vesting (here, 3/1/2029). That makes the award a longer-term compensation/retention instrument rather than an immediate increase in share count.
• The small open-market purchase (US$9.1k) is a direct buy by an insider; purchases are often watched by investors but do not by themselves prove future performance.