Director at i-80 Gold (IAUX) awarded 60,000 deferred share units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Begeman John Arthur reported acquisition or exercise transactions in this Form 4 filing.
i-80 Gold Corp. director John Arthur Begeman received a grant of 60,000 Deferred Share Units (DSUs). These DSUs are derivatives tied to the company’s common shares and were awarded at a price of $0.00 per unit as part of director compensation, not an open-market purchase.
Each DSU is economically equivalent to one common share, with 60,000 underlying common shares referenced by the award. The DSUs will fully vest on June 30, 2027, and do not expire. The underlying common shares will not be issued, and Begeman will not have voting or dispositive rights over them until he separates from the board.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Begeman John Arthur
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Share Units | 60,000 | $0.00 | -- |
Holdings After Transaction:
Deferred Share Units — 60,000 shares (Direct, null)
Footnotes (1)
- Each Deferred Share Umit ("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 will fully vest on June 30, 2027, and do not expire.
Key Figures
Deferred Share Units granted: 60,000 units
Grant price per unit: $0.00 per unit
Underlying common shares: 60,000 shares
+2 more
5 metrics
Deferred Share Units granted
60,000 units
Grant to director on June 23, 2026
Grant price per unit
$0.00 per unit
Director DSU award
Underlying common shares
60,000 shares
Each DSU equals one common share
Units after transaction
60,000 units
Total DSUs held following grant
Vesting date
June 30, 2027
DSUs fully vest on this date
Key Terms
Deferred Share Units, economic equivalent, voting or dispositive rights, vest
4 terms
economic equivalent financial
"Each Deferred Share Umit ("DSU") is the economic equivalent of one of the Issuer's common shares."
voting or dispositive rights financial
"the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares"
vest financial
"The DSUs will fully vest on June 30, 2027, and do not expire."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transaction did i-80 Gold Corp. (IAUX) report for John Arthur Begeman?
i-80 Gold Corp. reported that director John Arthur Begeman received a grant of 60,000 Deferred Share Units. These units are compensation-linked derivatives economically equivalent to common shares, rather than an open-market stock purchase or sale, and increase his equity-based exposure to the company.