SMITH DAVID STEWART 4

What Happened
David Stewart Smith, a director of IAMGOLD Corp (IAG), sold a total of 31,000 common shares in multiple open-market transactions on February 27, 2026. The sales were executed in four lots: 15,000 shares at CA$32.90 (CA$493,500), 6,000 shares at CA$32.91 (CA$197,448), 5,000 shares at CA$32.79 (CA$163,933) and 5,000 shares at CA$32.80 (CA$164,000), for combined proceeds of approximately CA$1,018,881. These were disposals (sales), which are often routine and do not by themselves indicate the insider’s view on the company.

Key Details

• Transaction date: 2026-02-27 (all sales)
• Prices and proceeds (CAD): 15,000 @ CA$32.90 = CA$493,500; 6,000 @ CA$32.91 = CA$197,448; 5,000 @ CA$32.79 = CA$163,933; 5,000 @ CA$32.80 = CA$164,000. (Footnote: sale prices are in Canadian dollars.)
• Total shares sold: 31,000; total proceeds ≈ CA$1,018,881.
• Transaction code: S = Sale (open market or private sale as reported).
• Shares owned after transaction: not provided in the excerpt of this filing.
• Filing timeliness: Report lists the transaction and was filed with the SEC on 2026-02-27 (no late filing indicated in the provided data).

Context
Insider sales can be for many reasons (diversification, liquidity, tax planning) and do not necessarily signal negative sentiment; purchases are generally considered a stronger bullish signal. For retail investors, monitor patterns of multiple insiders or repeated insider buying/selling over time rather than a single transaction.