Jalonen Michael 4
Research Summary
AI-generated summary
i-80 Gold (IAUX) Director Michael Jalonen Receives DSU Award
What Happened
- Michael Jalonen, a director of i-80 Gold Corp. (IAUX), was granted 9,615 Deferred Share Units (DSUs) on 2026-06-29. The award was recorded at $0.00 per unit (derivative award); no cash was exchanged. The DSUs vested immediately and do not expire.
Key Details
- Transaction date: 2026-06-29; Form 4 filed 2026-06-30 (timely filing).
- Transaction type/code: Award/Acquisition (A); reported as a derivative grant at $0.00.
- Amount granted: 9,615 DSUs; total cash value at grant reported as $0.
- Shares owned after transaction: Not specified in the supplied filing details.
- Footnotes: (F1) Each DSU equals the economic value of one common share but underlying shares will not be issued and the reporting person has no voting or dispositive rights until he separates as a director. (F2) The DSUs vested immediately upon issuance and do not expire.
Context
- DSUs are a form of director compensation that track the economic value of common shares but are not actual issued shares until a triggering event (here, separation from the board). Such awards are routine compensation and do not represent an open-market purchase or sale by the insider.