i-80 Gold (IAUX) director awarded 60,000 deferred share units as equity pay

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 60,000 Deferred Share Units (DSUs) as compensation. Each DSU is economically equivalent to one common share but does not currently carry voting or dispositive rights over the underlying shares. The DSUs will fully vest on June 30, 2027, and the underlying common shares will only be issued to him after he separates from service as a director. Following this award, he holds 60,000 DSUs directly.

Insights

Equity Compensation Analyst

Routine director equity grant of 60,000 DSUs, no open-market trading.

Director Michael Jalonen was granted 60,000 Deferred Share Units, each economically equivalent to one common share. The grant price is shown as $0.0000, which is typical for compensation awards rather than market purchases.

The footnotes clarify that underlying common shares are not issued, and he has no voting or dispositive rights until he separates as director. The DSUs fully vest on June 30, 2027 and do not expire, tying his compensation to long-term company performance.

This is a standard, non-cash equity award with no immediate impact on trading activity or cash flows. It aligns director incentives with shareholder value but does not by itself signal a bullish or bearish view, so its overall investment significance is neutral.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jalonen Michael

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Share Units	60,000	$0.00	--

Holdings After Transaction: Deferred Share Units — 60,000 shares (Direct, null)

Footnotes (1)

1. Each Deferred Share Umit ("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 will fully vest on June 30, 2027, and do not expire.

Key Figures

DSUs granted: 60,000 units Grant price per DSU: $0.0000 per unit Underlying common shares: 60,000 shares +2 more

5 metrics

DSUs granted 60,000 units Deferred Share Units granted to director on June 23, 2026

Grant price per DSU $0.0000 per unit Compensation grant, not open-market purchase

Underlying common shares 60,000 shares Each DSU economically equivalent to one common share

Post-transaction DSU holdings 60,000 units Total Deferred Share Units following reported grant

Vesting date June 30, 2027 DSUs fully vest on this date and do not expire

Key Terms

Deferred Share Units, economic equivalent, voting or dispositive rights, underlying common shares, +1 more

5 terms

Deferred Share Units financial

"security_title: Deferred Share Units"

Deferred share units are promises that give an executive or director the right to receive company shares or their cash value at a future date, often when they retire or leave the company. Think of them as a paycheck held in a savings account that converts into stock later; they matter to investors because they tie pay to long-term performance, create potential future dilution of shares, and represent a delayed cash or share obligation the company must eventually fulfill.

economic equivalent financial

"Each Deferred Share Umit ("DSU") is the economic equivalent of one of the Issuer's common shares."

voting or dispositive rights financial

"the reporting person shall not have any voting or dispositive rights with respect to the underlying common shares"

underlying common shares financial

"The underlying common shares will not be issued to the reporting person"

vest financial

"The DSUs will fully vest on June 30, 2027, and do not expire."

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 06/25/2026 - 06:39 PM Accepted by SEC EDGAR 06/25/2026 - 06:38 PM Learn about SEC filing dates

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^*

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)
06/23/2026

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(1)	$0(1)	06/23/2026		A		60,000		(1)	(2)	Common Shares	60,000	$0	60,000	D

Explanation of Responses:

1. Each Deferred Share Umit ("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 fully vest on June 30, 2027, and do not expire.

	/s/ Michael Jalonen	06/25/2026
	** 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) director Michael Jalonen receive in this Form 4?

Director Michael Jalonen received a grant of 60,000 Deferred Share Units. These DSUs are compensation, not an open-market stock purchase, and are economically equivalent to common shares but currently provide no voting or dispositive rights over the underlying shares.

How do the Deferred Share Units in IAUX’s Form 4 relate to common shares?

Each Deferred Share Unit is the economic equivalent of one i-80 Gold common share. However, the underlying common shares are not issued to the director, and he lacks voting or dispositive rights until his separation from the board triggers issuance.

When do Michael Jalonen’s i-80 Gold (IAUX) DSUs vest and become issuable?

The DSUs will fully vest on June 30, 2027, and do not expire. The underlying common shares will only be issued to Michael Jalonen once he separates from service as a director, delaying actual share delivery and voting rights until that event.

Does the IAUX Form 4 show Michael Jalonen buying or selling shares on the market?

The filing shows no market buy or sell. It reports a compensation-related acquisition of 60,000 Deferred Share Units at a stated price of $0.0000 per unit, rather than an open-market trade in i-80 Gold common shares.

What is Michael Jalonen’s position in Deferred Share Units after this IAUX transaction?

After the reported grant, Michael Jalonen holds 60,000 Deferred Share Units directly. These units represent a deferred claim economically tied to i-80 Gold common shares, with issuance and voting rights postponed until after his separation as a director.