IAUX Form 4: Ryan Snow Receives RSU Awards, Beneficial Ownership Updated
Rhea-AI Filing Summary
Ryan Snow, Chief Financial Officer of i-80 Gold Corp. (IAUX), reported receipt of restricted share units and related ownership changes. The Form 4 shows transactions dated 09/01/2025 with transaction code M. The reporting person acquired 22,641 RSUs (from a 2023 grant) and 53,540 RSUs (from a 2024 grant), representing contingent rights to receive one common share per RSU. Following these transactions the filing reports beneficial ownership totals of 237,641 and 291,181 common shares on separate reported lines. The filing states that remaining RSUs will vest on 09/01/2026.
Positive
- Clear disclosure of RSU grants and resulting beneficial ownership for the CFO
- Specific vesting date provided (09/01/2026) for remaining RSUs
- Grants dated February 22, 2023 and February 22, 2024 are explicitly identified
Negative
- None.
Insights
TL;DR: CFO received RSU awards increasing reported beneficial ownership; transactions recorded under code M; vesting schedule extends to 09/01/2026.
The Form 4 documents non-cash equity compensation in the form of Restricted Share Units totaling 76,181 RSUs awarded across 2023 and 2024 grants. The report uses transaction code M for the 09/01/2025 entries and discloses post-transaction beneficial ownership figures of 237,641 and 291,181 shares on the two reported lines. These disclosures are important for tracking insider ownership and potential future share issuance upon RSU settlement; the filing does not include cash purchase prices or exercises.
TL;DR: Insider disclosure shows executive compensation via RSUs with a clear vesting timeline; standard governance disclosure complied with Section 16 reporting.
The filing identifies the reporting person as the issuer's CFO and provides grant origins (grants dated February 22, 2023 and February 22, 2024) and a specified remaining vesting date of 09/01/2026. The statement is a routine Section 16 disclosure of equity awards and beneficial ownership changes. No departures from standard Form 4 disclosure format are apparent, and the form is signed by the reporting person.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units | 22,641 | $0.00 | -- |
| Exercise | Restricted Share Units | 53,540 | $0.00 | -- |
| Exercise | Common Shares | 22,641 | $0.00 | -- |
| Exercise | Common Shares | 53,540 | $0.00 | -- |
Footnotes (1)
- Each Restricted Share Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock. RSUs granted on February 22, 2023. RSUs granted on February 22, 2024. The remaining RSUs will vest on September 1, 2026.