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i-80 Gold Corp.·4

Jun 25, 6:38 PM ET

Jalonen Michael 4

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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.