Jalonen Michael 4
4 · i-80 Gold Corp. · Filed Jun 25, 2026
Research Summary
AI-generated summary of this filing
i-80 Gold Director Michael Jalonen Receives 60,000 DSUs
What Happened Michael Jalonen, a director of i-80 Gold Corp. (IAUX), received a grant of 60,000 Deferred Share Units (DSUs) on June 23, 2026. The grant was recorded as a derivative award (transaction code A) at a $0.00 acquisition price — DSUs are bookkeeping units that track the economic value of common shares rather than immediate share issuance or cash payment.
Key Details
- Transaction date: 2026-06-23; Form 4 filed 2026-06-25 (timely filing, two business days after the transaction).
- Award: 60,000 DSUs; reported acquisition price $0.00 (derivative award).
- Shares owned after transaction: not disclosed in the filing.
- Footnote highlights:
- Each DSU equals the economic equivalent of one common share but underlying shares will not be issued and the reporting person has no voting or dispositive rights until separation as a director.
- The DSUs fully vest on June 30, 2027, and do not expire.
- Transaction code: A = Award/Grant.
Context DSU grants to non-employee directors are common as part of compensation and do not represent an open-market purchase or sale of shares. Because these are deferred units (not current common shares), they reflect future economic participation rather than immediate ownership or voting power.
Insider Transaction Report
- Award
Deferred Share Units
[F1][F2]2026-06-23+60,000→ 60,000 totalExercise: $0.00→ Common Shares (60,000 underlying)
Footnotes (2)
- [F1]Each Deferred Share Umit ("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 will fully vest on June 30, 2027, and do not expire.