Butler Ronald Jr 4

What Happened

• Ronald Butler Jr., a director of i-80 Gold Corp. (IAUX), was granted 60,000 Deferred Share Units (DSUs) on June 23, 2026. The grant is reported as an award (derivative) at $0.00 per unit (no cash paid); total immediate cash value reported is $0. This is a compensation award to a director, not an open-market purchase or sale.

Key Details

• Transaction date and type: 2026-06-23 — Award/Grant of 60,000 DSUs (code A).
• Price: $0.00 per DSU; reported dollar value $0.
• Shares owned after transaction: Not specified in this filing.
• Footnotes:
  • F1 — Each DSU is the economic equivalent of one common share but underlying common shares are not issued and the reporting person has no voting or dispositive rights until they separate as a director.
  • F2 — The DSUs will fully vest on June 30, 2027, and do not expire.
• Filing timeliness: Reported on Form 4 filed June 25, 2026 (appears timely relative to the 2-business-day reporting requirement).

Context

• These DSUs are a form of deferred compensation for a director. They represent future economic exposure to the company's common shares but do not convey current voting rights or issued shares. Because this is an award rather than a purchase, it should be viewed as compensation-related rather than a direct insider buy signal.