i-80 Gold (IAUX) CEO boosts stake, now holds about 6M shares
Rhea-AI Filing Summary
i-80 Gold Corp. (IAUX) reported an insider share purchase by President and CEO Richard Scott Young. On 2026-08-18, Young purchased 1,000,000 Common Shares in a transaction coded as a purchase. The reported U.S. dollar price was $1.62 per share, based on a Canadian purchase price of C$1.251 converted at an exchange rate of C$1.3889 = US$1.00. Following this transaction, Young directly held 5,971,000 Common Shares. The filing also reports 366,000 Common Shares held indirectly "by spouse," for which Young disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary
Net Buyer: 1,000,000 shares
Net Buy
2 txns
Insider
Young Richard Scott
Role
President and CEO
Bought
1,000,000 shs ($1.62M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares F1 | 1,000,000 | $1.62 | $1.62M |
| holding | Common Shares F2 | -- | -- | -- |
Holdings After Transaction:
Common Shares — 5,971,000 shares (Direct);
Common Shares — 366,000 shares (Indirect, By spouse)
Footnotes (2)
- F1. Canadian purchase price of $1.251 converted into U.S. dollars using an exchange rate of C$1.3889=US$1.00
- F2. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Common Shares purchased: 1,000,000 shares
Purchase price per share: $1.62 per share
Canadian purchase price: C$1.251 per share
+3 more
6 metrics
Common Shares purchased
1,000,000 shares
Purchase of IAUX Common Shares on 2026-08-18 by President and CEO Richard Scott Young
Purchase price per share
$1.62 per share
U.S. dollar price for the 1,000,000 Common Shares purchased on 2026-08-18
Canadian purchase price
C$1.251 per share
Canadian price converted to U.S. dollars using stated exchange rate
Exchange rate
C$1.3889 = US$1.00
Rate used to convert the Canadian purchase price into U.S. dollars
Direct holdings after transaction
5,971,000 shares
Total IAUX Common Shares directly held by Richard Scott Young after the purchase
Indirect holdings by spouse
366,000 shares
IAUX Common Shares reported as held indirectly by spouse, with beneficial ownership disclaimed except for pecuniary interest
Key Terms
beneficial ownership, pecuniary interest, indirect
3 terms
beneficial ownership financial
"The reporting person disclaims beneficial ownership of these securities except"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of his pecuniary interest therein, and the inclusion"
indirect financial
"total_shares_following_transaction": "366000.0000", "direct_or_indirect": "I","
FAQ
What did IAUX CEO Richard Scott Young report in this Form 4?
He reported purchasing 1,000,000 Common Shares of i-80 Gold Corp. on 2026-08-18. After the transaction, he directly held 5,971,000 shares, plus 366,000 shares reported as indirectly held by his spouse, subject to a beneficial ownership disclaimer.
Is the spouse’s IAUX holding considered beneficially owned by Richard Scott Young?
The filing states that Young disclaims beneficial ownership of the 366,000 Common Shares held by his spouse, except to the extent of his pecuniary interest in those securities.
Was Richard Scott Young’s IAUX trade made under a Rule 10b5-1 plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a trading plan (aff_10b5_one is false). No footnote indicates that the reported purchase was made pursuant to a Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
