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i-80 Gold (IAUX) director granted 21,766 deferred share units as compensation

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(Neutral)
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(Neutral)
Form Type
4

Rhea-AI Filing Summary

Butler Ronald Jr reported acquisition or exercise transactions in this Form 4 filing.

i-80 Gold Corp. director Ronald Butler Jr. received a grant of 21,766 Deferred Share Units (DSUs), each economically equivalent to one common share. These DSNs were awarded as compensation, with no cash paid by the director. Following the grant, he holds 21,766 DSUs.

The underlying common shares will not be issued, and he will not have voting or dispositive rights over those shares until he separates from the board. The DSUs vest in full on July 1, 2026 and do not expire, aligning his compensation with the company’s long-term performance.

Positive

  • None.

Negative

  • None.
Insider Butler Ronald Jr
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)
  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.
SEC Form 4
FORM 4UNITED 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*
Butler Ronald Jr

(Last)(First)(Middle)
C/O I-80 GOLD CORP.
150 YORK STREET, SUITE 1802

(Street)
TORONTOM5H 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)
XDirector10% 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)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Deferred Share Units(1)$003/25/2026A21,766 (1) (2)Common Shares21,766$021,766D
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 vest in full on July 1, 2026 and do not expire.
Ronald Butler Jr.03/27/2026
** Signature of Reporting PersonDate
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 (IAUX) director Ronald Butler Jr. report on this Form 4?

Ronald Butler Jr. reported receiving 21,766 Deferred Share Units as compensation. Each unit is economically equivalent to one common share, increasing his DSU holdings to 21,766, all held directly, with no cash purchase involved.

How many Deferred Share Units did Ronald Butler Jr. acquire from i-80 Gold (IAUX)?

He acquired 21,766 Deferred Share Units. These units represent compensation rather than an open-market purchase, and each unit mirrors the value of one i-80 Gold common share, subject to specific vesting and settlement conditions.

When do the i-80 Gold (IAUX) Deferred Share Units granted to Ronald Butler Jr. vest?

The Deferred Share Units vest in full on July 1, 2026. This creates a multi-year incentive for the director, tying his compensation to the company’s performance over that period before the units fully vest.

Does Ronald Butler Jr. have voting rights on the i-80 Gold (IAUX) shares underlying the DSUs?

He does not currently have voting or dispositive rights over the underlying common shares. Those rights arise only when the underlying shares are issued, which occurs after his separation as a director from i-80 Gold.

Are the i-80 Gold (IAUX) Deferred Share Units awarded to Ronald Butler Jr. market trades?

No, the units are a grant of compensation, not market trades. They were awarded at a stated price of zero per unit, reflecting an equity-based incentive rather than a purchase or sale on the open market.

Do the i-80 Gold (IAUX) Deferred Share Units granted to Ronald Butler Jr. expire?

The Deferred Share Units do not expire. They vest in full on July 1, 2026 and remain outstanding thereafter, with settlement into common shares tied to his eventual separation from the board.
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