4Filed Aug 19, 8:00 PM ET
i-80 Gold (IAUX) CEO Richard S. Young Buys 1,000,000 Shares
$IAUX · i-80 Gold Corp.Research Summary
AI-generated summary of this SEC filing
i-80 Gold (IAUX) CEO Richard S. Young Buys 1,000,000 Shares
What Happened
Richard S. Young, President, CEO and Director of i-80 Gold Corp. (IAUX), reported buying 1,000,000 shares on August 18, 2026. The Form 4 lists the transaction at $1.62 per share for a total reported value of $1,620,000. This transaction is reported as a purchase (Form code P), which investors typically view as a more informative signal than routine sales.
Key Details
- Transaction date: 2026-08-18; Report filed: 2026-08-20 (filed two days after the trade, which appears timely under Section 16/Form 4 rules).
- Price and value: reported at $1.62 per share, total $1,620,000.
- Form footnote F1: the filing notes a Canadian purchase price of C$1.251 converted to U.S. dollars using C$1.3889 = US$1.00.
- Form footnote F2: the reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest.
- Shares owned after transaction: not specified in the provided filing.
Context
- The filing reports a straight purchase (no option exercise, award, gift, or immediate resale reported).
- Purchases by executives can be taken as a signal of confidence but do not guarantee future stock performance; this summary is factual and does not speculate on motive.