Seaman John William 4
Research Summary
AI-generated summary
i-80 Gold (IAUX) Director John Seaman Buys 32,000 Shares
What Happened
- John William Seaman, a director of i-80 Gold Corp. (IAUX), made an open-market purchase of 32,000 common shares on 2026-03-30 at $1.42 per share for a total cash outlay of $45,440. On the same date he was also granted 11,364 Deferred Share Units (DSUs) reported as a $0 derivative award; the DSUs vested immediately.
Key Details
- Transaction dates and prices:
- Open-market purchase (P): 32,000 shares at $1.42 on 2026-03-30 — total $45,440.
- Grant/award (A): 11,364 DSUs on 2026-03-30 — reported value $0 (derivative).
- Shares owned after the transactions: Not specified in the information provided.
- Footnotes of note:
- F1: Each DSU equals the economic equivalent of one common share but underlying shares are not issued and the reporting person has no voting/dispositive rights until he leaves the board.
- F2: The DSUs vested immediately and do not expire.
- Filing timeliness: Form 4 filed 2026-03-31 for transactions on 2026-03-30 (filed the next day), which appears timely.
Context
- The cash purchase is a straightforward open-market buy (often regarded by investors as a clearer signal of insider conviction than awards). The DSUs are a compensation/retention instrument that provide economic exposure but do not transfer share voting rights until separation from the company.