Jalonen Michael 4/A

What Happened

• Michael Jalonen, a director of i-80 Gold Corp. (IAUX), received an award of 9,683 deferred share units (DSUs) on 2026-06-29. The Form 4 lists the grant as a derivative award at $0.00 (no cash paid); reported total value on the form is $0 because the DSUs are not issued as shares at grant.

Key Details

• Transaction date: 2026-06-29; reported on an amended Form 4 filed 2026-07-07.
• Transaction type/code: A — Award/Grant of derivative securities (DSUs).
• Quantity and price: 9,683 DSUs @ $0.00 (derivative award).
• Shares outstanding/ownership after transaction: Not specified in the provided excerpt of the filing.
• Footnotes:
  • F1: Each DSU equals the economic equivalent of one common share; underlying common shares are not issued and the reporting person has no voting/dispositive rights until separation as a director.
  • F2: The DSUs vested immediately upon issuance and do not expire.
• Timeliness: The filing is amended and was submitted 8 days after the transaction date (later than the usual 2-business-day Form 4 deadline), which may indicate a correction or delayed reporting.

Context

• DSUs are a form of deferred compensation that track the economic value of shares but are typically settled in shares (or equivalent) only when the director leaves the board; they do not represent immediate share ownership or voting power. This award is routine director compensation rather than an open-market purchase or sale and does not, by itself, signal a buy or sell decision by the insider.