i-80 Gold Director John Begeman Sells 19,231 Shares

What Happened John Arthur Begeman, a director of i-80 Gold Corp. (IAUX), converted derivative awards (RSUs) into common shares on 2026-09-01 and sold 19,231 of those shares in an open-market transaction on 2026-09-02 for $1.74 per share, generating proceeds of $33,435. The conversion is reported under transaction code M (exercise/conversion of derivative); the disposition is reported under S (sale).

Key Details

• Transaction dates: conversion/exercise 2026-09-01; open-market sale 2026-09-02.
• Sale price: $1.74 per share (total proceeds $33,435). Footnote: price converted from C$2.41 using C$1.3862 = US$1.00.
• Shares involved: 19,231 shares converted/sold.
• Derivative note: RSU conversion reported (code M); a related derivative entry shows $0 exercise price, consistent with RSUs converting to common stock.
• RSU grant: filing notes a prior grant of 47,692 RSUs on Feb 22, 2024 (each RSU equals one share).
• Shares owned after transaction: not specified in the provided filing.
• Filing timeliness: Report filed 2026-09-02 for activity through 2026-09-01 — appears timely (no late filing indicated).

Context This filing shows a director converting restricted share units and selling a portion (19,231 shares) shortly after conversion. Conversions of RSUs often result in immediate sales to cover taxes or liquidate vested shares; the Form 4 shows the conversion and an open-market sale but does not state the insider’s reason. The transaction is a sale (liquidity), not a purchase, and should be interpreted as reported insider activity rather than a direct signal of company outlook.