Yopps Steven W. 4
Research Summary
AI-generated summary
i-80 Gold Director Steven W. Yopps Receives DSU Award
What Happened
Steven W. Yopps, a director of i-80 Gold Corp. (IAUX), was granted 9,615 Deferred Share Units (DSUs) on 2026-06-29. The grant is recorded at $0.00 per unit (derivative award) in the Form 4 filing; the DSUs represent the economic equivalent of common shares but are not issued as shares at grant.
Key Details
- Transaction date: 2026-06-29; Form 4 filed: 2026-06-30 (timely filing).
- Grant type/code: A (award/grant); quantity: 9,615 DSUs; price per unit reported: $0.00 (derivative).
- Shares owned after the transaction: not specified in this Form 4.
- Footnotes: (1) Each DSU equals the economic equivalent of one common share but the underlying shares will not be issued and the reporting person has no voting or dispositive rights until separation as a director. (2) The DSUs vested immediately upon issuance and do not expire.
- No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding event in this filing.
Context
DSUs are a form of deferred compensation that track the value of company shares; they do not convey voting rights or actual share issuance until a future separation/settlement event. Awards like this are routine compensation for directors and do not necessarily signal a buy or sell intent in the market.