[Form 4] Ivanhoe Electric Inc. Insider Trading Activity

Rhea-AI Filing Summary

Graham R. Boyd, identified as Senior VP, Exploration and a director of Ivanhoe Electric Inc. (IE), reported insider transactions on 08/21/2025. He exercised stock options with a $2.49 exercise price to acquire 283,333 shares of common stock (options exercisable in four equal annual installments beginning 06/30/2021 and with an expiration date of 06/30/2026). On the same date he reported selling 134,059 shares of common stock at a weighted-average price of $8.92 per share. The Form 4 shows beneficial ownership figures of 328,285 shares after the acquisition entry and 194,226 shares after the sale entry. The filing discloses a short-swing match: 5,000 shares purchased on 03/06/2025 at $5.8299 were matched to the reported sale, and Mr. Boyd agreed to pay Ivanhoe Electric $15,994.15 representing the profit from that short-swing transaction.

Positive

• Large option exercise disclosed: 283,333 shares acquired at a $2.49 exercise price, with exercise schedule and expiration provided
• Full disclosure of sale prices: weighted-average sale price reported as $8.92 and range of individual sale prices disclosed

Negative

• Short-swing profit matched: 5,000 shares purchased 03/06/2025 at $5.8299 were matched to the sale and will result in a payment of $15,994.15 to the issuer
• Substantial insider sale: 134,059 shares disposed of on 08/21/2025, reducing reported beneficial ownership

Insights

Securities Analyst

TL;DR: Insider exercised options and sold a portion of shares the same day; transaction appears routine and disclosed.

Mr. Boyd exercised a large option block (283,333 shares at $2.49) and concurrently sold 134,059 shares at a weighted-average of $8.92. The filings provide clear quantities, prices, and the remaining beneficial ownership counts. The disclosure of a matched short-swing sale and the agreement to remit $15,994.15 to the issuer is a material compliance detail but does not alone indicate broader company performance issues. Impact for investors is informational: it updates insider ownership and documents compliance with Section 16(b).

Corporate Governance Expert

TL;DR: Transactions are properly disclosed and include a short-swing profit remittance, reflecting Section 16 compliance actions.

The Form 4 identifies the reporting person as an officer and director and provides required details: option exercise terms, sale price ranges, and the short-swing match with the related payment amount to the company. The explicit statement that the reporting person will pay $15,994.15 to Ivanhoe Electric addresses the statutory recovery for the matched transaction and documents corrective action. From a governance perspective, the filing is complete with respect to the described events.

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^*

Boyd Graham Richard Thomas

(Last) (First) (Middle)

C/O IVANHOE ELECTRIC INC.

450 E. RIO SALADO PARKWAY, SUITE 130

(Street)

TEMPE AZ 85281

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Ivanhoe Electric Inc. [ IE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Senior VP, Exploration

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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
Common Stock	08/21/2025		M		283,333	A	$2.49	328,285	D
Common Stock	08/21/2025		S(1)		134,059	D	$8.92(2)	194,226	D

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
Stock Option (right to buy)	$2.49	08/21/2025		M			283,333	(3)	06/30/2026	Common Stock	283,333	$0	0	D

Explanation of Responses:

1. The Reporting Person's sale of IE common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 5,000 shares, with the Reporting Person's purchase of 5,000 shares of IE common stock at a price of $5.8299 per share on March 6, 2025. The reporting person has agreed to pay to Ivanhoe Electric Inc., upon settlement of the sale, $15,994.15, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $8.88 to $9.11, inclusive. The reporting person undertakes to provide the issuer, any security holder of the issuer, or the staff at the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

3. The option becomes exercisable in four equal annual installments beginning on June 30, 2021.

	/s/ Graham R. Boyd	08/25/2025
	** 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.

FAQ

What did Ivanhoe Electric (IE) insider Graham R. Boyd report on the Form 4?

The Form 4 reports that Mr. Boyd exercised options to acquire 283,333 shares at a $2.49 exercise price and sold 134,059 shares on 08/21/2025 at a weighted-average price of $8.92.

How many shares does the Form 4 show as beneficially owned after the transactions?

The filing shows 328,285 shares following the acquisition entry and 194,226 shares following the sale entry.

Was any short-swing profit identified in the filing for IE insider trades?

Yes. The filing discloses a matched short-swing transaction of 5,000 shares purchased on 03/06/2025 at $5.8299, and Mr. Boyd agreed to pay $15,994.15 to Ivanhoe Electric representing the profit.

What are the option terms disclosed on the Form 4?

The option exercised has a $2.49 exercise price, becomes exercisable in four equal annual installments beginning 06/30/2021, and has an expiration date of 06/30/2026.

What price range were the sold shares transacted at?

The filing states the sold shares were transacted in multiple trades at prices ranging from $8.88 to $9.11 per share, with a weighted-average of $8.92.