Gottesfeld Stephen P 4
Research Summary
AI-generated summary
i-80 Gold Director Stephen Gottesfeld Receives 843 DSUs
What Happened
Stephen P. Gottesfeld, a director of i-80 Gold Corp. (IAUX), was granted 843 Deferred Share Units (DSUs) on June 29, 2026. The Form 4 reports the grant as an award (code A) of 843 units at $0.00 (derivative), so there was no cash purchase. This was a compensation award, not an open-market buy or sale.
Key Details
- Transaction date: 2026-06-29; Form 4 filed: 2026-06-30 (timely filing).
- Transaction type/code: Award/Grant (A); derivative instrument (DSUs).
- Quantity and price: 843 DSUs reported at $0.00; reported acquisition value $0.
- 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 or dispositive rights until separation as a director. F2 — The DSUs vested immediately upon issuance and do not expire.
- No indication of late filing or a 10b5-1 plan in the report.
Context
DSUs are a form of deferred compensation for directors that track the economic value of common shares but are derivative in nature. Because the underlying shares are not issued and the director has no voting/dispositive rights until departure from the board, this grant does not represent an immediate equity stake or voting support. Such awards are common as director compensation and do not equate to an open-market purchase that some investors view as a stronger bullish signal.