Gottesfeld Stephen P 4
Research Summary
AI-generated summary
i-80 Gold (IAUX) Director Stephen Gottesfeld Receives 60,000 DSUs
What Happened
Stephen P. Gottesfeld, a director of i-80 Gold Corp. (IAUX), was granted 60,000 Deferred Share Units (DSUs) on June 23, 2026. The Form 4 reports the award as a derivative grant (code A) at $0.00 per unit (no immediate cash value recorded). This was an equity compensation award to a director rather than a purchase or sale of outstanding shares.
Key Details
- Transaction date: 2026-06-23; Form 4 filed: 2026-06-25 (timely filing).
- Grant: 60,000 DSUs, reported at $0.00 per unit (derivative award).
- Shares owned after transaction: not specified in the filing.
- Footnotes:
- F1 — 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 the director separates from the company.
- F2 — DSUs fully vest on June 30, 2027, and do not expire.
- Filing status: timely (no late filing reported).
Context
DSUs are a form of deferred compensation often used for directors: they track the economic value of common shares but typically do not confer immediate voting rights or transferability until certain conditions (here, separation as a director) are met. Because the award is recorded at $0 in the Form 4, the filing does not state an immediate monetary value; any eventual value will depend on i-80 Gold’s share price when the DSUs convert or are settled.