i-80 Gold (IAUX) director shifts from 8% debentures into 8,895 common shares

Rhea-AI Filing Summary

i-80 Gold Corp. director John William Seaman reported restructuring his holdings between convertible debentures and common shares. On March 16, 2026, he disposed of 8% Convertible Debentures due February 22, 2027 through a mandatory redemption of $50,000 principal plus a 4% premium and accrued interest. Accrued and unpaid interest on these debentures was converted into 8,895 Common Shares at $1.62 per share, bringing his directly held common share position to 355,897 shares following the transactions.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Seaman John William

Role Director

Type	Security	Shares	Price	Value
Disposition	8% Convertible Debentures due February 22, 2027	0	$0.00	--
Grant/Award	Common Shares	8,895	$1.62	$14K

Holdings After Transaction: 8% Convertible Debentures due February 22, 2027 — 0 shares (Direct); Common Shares — 355,897 shares (Direct)

Footnotes (1)

1. The Reporting Person elected to convert accrued and unpaid interest on the debentures reported in Table II into common shares of the Company. The reported securities were disposed of pursuant to a mandatory redemption by the Issuer pursuant to the terms of the indenture. Represents $50,000 in principal secured convertible debentures maturing February 22, 2027. A 4% premium associated with the early mandatory redemption was applied to the principal amount and accrued interest in accordance with the indenture. The Notes were convertible at $3.38 per share. Accrued and unpaid interest were converted into common shares based on the market price of the common shares in accordance with the terms of the indenture.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Seaman John William

(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)
03/16/2026

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
Common Shares	03/16/2026		A(1)		8,895	A	$1.62	355,897	D

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
8% Convertible Debentures due February 22, 2027	$3.38(2)	03/16/2026		D(2)			$50,000	03/16/2026	02/27/2027	Common Shares	8,895(2)	$0(2)	0	D

Explanation of Responses:

1. The Reporting Person elected to convert accrued and unpaid interest on the debentures reported in Table II into common shares of the Company.

2. The reported securities were disposed of pursuant to a mandatory redemption by the Issuer pursuant to the terms of the indenture. Represents $50,000 in principal secured convertible debentures maturing February 22, 2027. A 4% premium associated with the early mandatory redemption was applied to the principal amount and accrued interest in accordance with the indenture. The Notes were convertible at $3.38 per share. Accrued and unpaid interest were converted into common shares based on the market price of the common shares in accordance with the terms of the indenture.

	John William Seaman	03/18/2026
	** 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 insider transaction did IAUX director John William Seaman report?

John William Seaman reported a mandatory redemption of 8% Convertible Debentures and a related share issuance. Accrued interest was converted into 8,895 i-80 Gold common shares, increasing his direct holdings to 355,897 shares after the transactions on March 16, 2026.

How many i-80 Gold (IAUX) shares did Seaman receive in this Form 4?

Seaman received 8,895 i-80 Gold common shares. These shares came from converting accrued and unpaid interest on his 8% Convertible Debentures, with the common shares valued at $1.62 per share under the reported transaction terms.

What happened to Seaman’s 8% Convertible Debentures in the IAUX filing?

His 8% Convertible Debentures due February 22, 2027 were disposed of through a mandatory redemption by i-80 Gold. The redemption covered $50,000 principal, a 4% premium, and accrued interest, consistent with the debenture indenture terms described in the footnotes.

What is Seaman’s i-80 Gold common share ownership after the Form 4?

After the reported transactions, Seaman directly owns 355,897 i-80 Gold common shares. This total reflects the addition of 8,895 shares issued upon conversion of accrued interest linked to his redeemed 8% Convertible Debentures.

At what prices were IAUX securities valued in Seaman’s Form 4?

The debentures were convertible at $3.38 per share, according to the indenture terms. The new common shares issued for accrued interest were valued at $1.62 per share, based on the market price at the time of conversion.

Was Seaman’s IAUX Form 4 an open-market buy or sale?

The transactions were not open-market trades. They reflect a mandatory redemption of 8% Convertible Debentures by i-80 Gold and a grant or acquisition of common shares through conversion of accrued interest, all pursuant to the indenture’s contractual terms.