Loftus-Hills Patrick 4
Research Summary
AI-generated summary
Ivanhoe Electric (IE) Director Patrick Loftus-Hills Receives 9,901-Unit Award
What Happened
- Patrick Loftus-Hills, a director of Ivanhoe Electric Inc. (IE), was granted 9,901 deferred share units on March 6, 2026. The units were awarded at $0.00 per unit (acquisition value $0) as part of director compensation—this is an award/grant, not a purchase or sale.
Key Details
- Transaction date: 2026-03-06; Filing date: 2026-03-09 (filed within the SEC’s normal two-business-day window)
- Securities: 9,901 deferred share units (reported acquisition price $0.00; total reported value $0)
- Shares owned after transaction: not disclosed in the provided filing details
- Footnote: F1 — the deferred share unit award is subject to vesting criteria tied to continued board service
Context
- Deferred share units (DSUs) are a form of compensatory award that typically convert to shares or cash upon vesting or a specified event; here the grant vests based on continued service as a director. Because this was an award rather than a purchase, it doesn’t directly indicate insider buying interest in the open market.