Jalonen Michael 4

What Happened
Michael Jalonen, a director of i-80 Gold Corp. (IAUX), was granted 21,766 Deferred Share Units (DSUs) on March 25, 2026. The grant is recorded at $0.00 (no cash paid) and is reported as an award/derivative acquisition rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-03-25 (reported on Form 4 filed 2026-03-27).
• Instrument: 21,766 Deferred Share Units (DSUs); reported price $0.00.
• Vesting: DSUs vest in full on July 1, 2026 and do not expire (per filing footnote).
• Amount owned after transaction: 21,766 DSUs (underlying common shares are not issued to the director at grant).
• Rights: DSU holders do not have voting or dispositive rights in the underlying common shares until the director separates from the company (per footnote).
• Timeliness: Filing was submitted two days after the transaction date (no late filing indicated).

Context
DSUs are a form of deferred compensation that mirror the economic value of common shares but are paid out (or converted) later—here, only upon the director’s separation. Because no common shares were issued at grant and no cash changed hands, this is a routine director compensation award rather than a market-direction trade signal.