Yopps Steven W. 4
Research Summary
AI-generated summary
i-80 Gold (IAUX) Director Steven W. Yopps Receives 6,217 DSUs
What Happened
- Steven W. Yopps, a director of i-80 Gold Corp. (IAUX), received a grant of 6,217 Deferred Share Units (DSUs) on 2026-03-30. The Form 4 reports the award as a derivative grant (transaction code A) at $0.00 per unit, with a reported aggregate value of $0 at grant.
- This was an award (not an open-market purchase or sale). The DSUs are economic equivalents of common shares but do not represent issued common stock or voting/dispositive rights until the director separates from the company.
Key Details
- Transaction date: 2026-03-30; Form filed: 2026-03-31 (timely filing).
- Transaction type/code: Grant/Award of DSUs (A); recorded as derivative instruments at $0.00 per unit.
- Units granted: 6,217 DSUs; reported aggregate value at grant: $0.
- Footnotes: (1) Each DSU equals the economic equivalent of one common share; underlying shares are not issued and the reporting person has no voting/dispositive rights until separation as a director. (2) The DSUs vested immediately upon issuance and do not expire.
- Shares owned after transaction: Not specified in the provided summary filing details.
Context
- DSUs are a form of deferred compensation tied to the company’s stock price; they are not the same as receiving issued common shares and therefore do not convey immediate voting power. Such grants are routine for director compensation and do not necessarily signal buying or selling intent.