Director Michael Jalonen awarded 21,766 DSUs at i-80 Gold (IAUX)

Rhea-AI Filing Summary

Jalonen Michael reported acquisition or exercise transactions in this Form 4 filing.

i-80 Gold Corp. director Michael Jalonen received a grant of 21,766 Deferred Share Units (DSUs). Each DSU is the economic equivalent of one common share but does not currently carry voting or dispositive rights. The underlying common shares only become available if he separates from the board.

The DSUs vest in full on July 1, 2026 and do not expire, making this a long-term, non-cash compensation award tied to his service as a director.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jalonen Michael

(Last) (First) (Middle)

C/O I-80 GOLD CORP.

150 YORK STREET, SUITE 1802

(Street)

TORONTO M5H 3S5

(City) (State) (Zip)

ONTARIO, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
i-80 Gold Corp. [ IAUX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/25/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Deferred Share Units	$0	03/25/2026		A		21,766		(1)	(2)	Common Shares	21,766	$0	21,766	D

Explanation of Responses:

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.

2. The DSUs will vest in full on July 1, 2026 and do not expire.

	Michael Jalonen	03/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did i-80 Gold Corp. (IAUX) disclose about Michael Jalonen in this Form 4?

The filing shows director Michael Jalonen received a grant of 21,766 Deferred Share Units. These DSUs are a form of equity-based compensation tied to his board service rather than an open-market share purchase or sale.

How many Deferred Share Units did Michael Jalonen receive from i-80 Gold (IAUX)?

Michael Jalonen was granted 21,766 Deferred Share Units. Each DSU represents the economic value of one common share, providing equity-linked compensation without an immediate cash transaction or current voting rights over the underlying common shares.

When do Michael Jalonen’s i-80 Gold (IAUX) Deferred Share Units vest?

The Deferred Share Units granted to Michael Jalonen will vest in full on July 1, 2026. Vesting means the units fully become his for compensation purposes, although related common shares are only issuable after he leaves the board.

Do the i-80 Gold (IAUX) Deferred Share Units granted to Michael Jalonen expire?

According to the disclosure, the Deferred Share Units do not expire. This gives Jalonen ongoing economic exposure to i-80 Gold’s common shares once vested, subject to the condition that underlying shares are issued only upon his separation as a director.

Does Michael Jalonen have voting rights on i-80 Gold (IAUX) shares underlying his DSUs?

No, he currently has no voting or dispositive rights over the underlying common shares. Those rights only arise if and when the common shares are issued after his separation from the board, as specified in the compensation terms.

Are Michael Jalonen’s i-80 Gold (IAUX) DSUs equivalent to owning common shares now?

The DSUs are economically equivalent to common shares but are not the same as current share ownership. They track the value of one share each, yet underlying shares are only issued after Jalonen leaves the board and he presently has no voting rights.