i-80 Gold (IAUX) director receives 21,766 deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Yopps Steven W. reported acquisition or exercise transactions in this Form 4 filing.
i-80 Gold Corp. director Steven W. Yopps received a grant of 21,766 Deferred Share Units (DSUs). Each DSU is the economic equivalent of one common share, but the underlying shares will not be issued and carry no voting or dispositive rights until he separates as a director. The DSUs vest in full on July 1, 2026, and following this award he holds 21,766 DSUs directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yopps Steven W.
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 insider transaction did i-80 Gold Corp. (IAUX) report for Steven W. Yopps?
i-80 Gold Corp. reported that director Steven W. Yopps received 21,766 Deferred Share Units. These units are a form of equity-based compensation tied to the company’s common shares, rather than an open-market purchase or sale of stock.
Does Steven W. Yopps have voting rights on the i-80 Gold (IAUX) DSUs now?
He does not currently have voting or dispositive rights over the underlying common shares linked to the DSUs. Those shares will only be issued, and related rights arise, once he separates from service as a director of i-80 Gold.
Is the i-80 Gold (IAUX) Form 4 transaction a stock purchase or sale?
The Form 4 shows a grant, classified as an acquisition of derivative securities, not an open-market stock trade. It reflects compensation in Deferred Share Units rather than a decision to buy or sell existing common shares in the market.