Jalonen Michael 4
4 · i-80 Gold Corp. · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
i-80 Gold (IAUX) Director Michael Jalonen Receives DSU Award
What Happened
Michael Jalonen, a director of i-80 Gold Corp. (IAUX), was granted 6,217 Deferred Share Units (DSUs) on 2026-03-30. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per unit (derivative instrument). The DSUs vested immediately upon issuance and do not expire.
Key Details
- Transaction date: 2026-03-30 (Form 4 filed 2026-03-31).
- Instrument: 6,217 Deferred Share Units (DSUs); transaction coded as an award (A).
- Reported price: $0.00 per unit (no cash paid).
- Total cash exchanged: $0 (compensation award/derivative).
- Footnote F1: Each DSU equals the economic equivalent of one common share; underlying common shares are not issued and the reporting person has no voting or dispositive rights until separation as a director.
- Footnote F2: The DSUs vested immediately and do not expire.
- Shares owned after transaction: not specified in the provided filing.
- Filing timeliness: filing appears timely (transaction 2026-03-30; Form 4 filed 2026-03-31).
Context
DSUs are a form of deferred equity compensation for directors: they track the economic value of common shares but are not actual issued shares and carry no voting rights until converted (typically when the director leaves). This was an award grant rather than a market purchase or sale, so it does not reflect an immediate buy/sell decision in the open market.
Insider Transaction Report
- Award
Deferred Share Units
[F1][F2]2026-03-30+6,217→ 6,217 totalExercise: $0.00→ Common Shares (6,217 underlying)
Footnotes (2)
- [F1]Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until the separation of the reporting person as a director of the Issuer.
- [F2]The DSUs vested immediately upon issuance and do not expire.