i-80 Gold (IAUX) director granted 21,766 deferred share units as compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Butler Ronald Jr reported acquisition or exercise transactions in this Form 4 filing.
i-80 Gold Corp. director Ronald Butler Jr. received a grant of 21,766 Deferred Share Units (DSUs), each economically equivalent to one common share. These DSNs were awarded as compensation, with no cash paid by the director. Following the grant, he holds 21,766 DSUs.
The underlying common shares will not be issued, and he will not have voting or dispositive rights over those shares until he separates from the board. The DSUs vest in full on July 1, 2026 and do not expire, aligning his compensation with the company’s long-term performance.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Butler Ronald Jr
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 21,766 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 21,766 shares (Direct)
Footnotes (1)
- Each Deferred Share Unit ("DSU") is the economic equivalent of one of the Issuer's common shares. The underlying common shares will not be issued to the reporting person, and the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares, until the separation of the reporting person as a director of the Issuer. The DSUs vest in full on July 1, 2026 and do not expire.
FAQ
What did i-80 Gold (IAUX) director Ronald Butler Jr. report on this Form 4?
Ronald Butler Jr. reported receiving 21,766 Deferred Share Units as compensation. Each unit is economically equivalent to one common share, increasing his DSU holdings to 21,766, all held directly, with no cash purchase involved.