i-80 Gold (IAUX) Director Ronald W. Clayton Exercises Options

What Happened

• Ronald W. Clayton, a director of i-80 Gold Corp. (IAUX), exercised in-the-money derivatives to acquire 100,000 common shares at $0.70 per share, a total cash outlay of $70,000. The filing also reports a related derivative disposition of 100,000 shares at $0.00 (zero consideration).

Key Details

• Transaction date: 2026-08-27.
• Acquired: 100,000 shares @ $0.70 each = $70,000.
• Disposed (derivative): 100,000 shares @ $0.00 (derivative transaction).
• Shares owned after transaction: Not specified in the filing.
• Footnote: F1 — Clayton disclaims beneficial ownership except to the extent of his pecuniary interest in these securities.
• Filing date: 2026-08-31 (the report covers 8/27 transactions); this is 4 days after the transaction date and may be outside the typical 2-business-day Section 16 reporting window.

Context

• The combination of an option exercise (acquisition) and a simultaneous derivative disposition at $0.00 commonly reflects a net/cashless settlement or delivery to satisfy option terms, but the filing does not explicitly state the settlement mechanics. No 10b5-1 plan, tax-withholding, or other settlement details are disclosed in this Form 4.