i-80 Gold (NYSE: IAUX) director sells 24,356 shares, exercises options
Rhea-AI Filing Summary
i-80 Gold Corp. director John Arthur Begeman reported an open-market sale and an option exercise involving the company’s common shares. On May 28, 2026, he sold 24,356 common shares at $1.59 per share and exercised stock options to acquire 34,000 common shares at an exercise price of $1.06 per share. After these transactions, he directly holds 827,354 common shares. The reported U.S. dollar prices were converted from Canadian dollar amounts using an exchange rate of C$1.3809 = US$1.00.
Positive
- None.
Negative
- None.
Insights
Routine director option exercise plus modest net share sale.
Director John Arthur Begeman executed a typical exercise‑and‑sell pattern. He exercised options for 34,000 common shares at $1.06 and sold 24,356 shares at $1.59 in an open-market transaction on May 28, 2026.
The filing shows no remaining derivative position in the exercised option series and a resulting direct holding of 851,710 common shares. This leaves him with a substantial continuing stake, indicating the transactions are more consistent with portfolio or liquidity management than a major change in exposure.
Prices were converted from Canadian dollar amounts using an exchange rate of C$1.3809 = US$1.00. Overall, the activity appears routine and does not, by itself, materially alter the company’s investment profile.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 34,000 | $0.00 | $0.00 |
| Exercise | Common Shares | 34,000 | $1.06 | $36K |
| Sale | Common Shares | 24,356 | $1.59 | $39K |
Footnotes (2)
- F1. Converted from Canadian exercise price of C$1.47 using an exchange rate of C$1.3809 = US$1.00.
- F2. Converted from Canadian sales price of $2.19 using an exchange rate of C$1.3809 = US$1.00.
Key Figures
Key Terms
open-market sale financial
stock option financial
derivative security financial
exchange rate financial
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