Director at Ivanhoe Electric (IE) receives 9,901-share deferred stock award

Rhea-AI Filing Summary

Ivanhoe Electric Inc. director Katase Hirofumi reported an equity award of 9,901 shares of common stock on a Form 4. The shares were acquired at a stated price of $0.00 per share as a grant or award, increasing his directly held stake to 81,684 shares.

According to a footnote, the transaction represents a deferred share unit award that is subject to vesting criteria tied to continued service on the board, meaning the full benefit depends on ongoing board tenure.

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

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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^*

Katase Hirofumi

(Last) (First) (Middle)

C/O IVANHOE ELECTRIC INC. 450 E.

RIO SALADO PKWY., 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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	03/06/2026		A		9,901(1)	A	$0	81,684	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

Explanation of Responses:

1. Deferred share unit award subject to vesting criteria relating to continued board service.

	/s/ Hirofumi Katase	03/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Ivanhoe Electric (IE) report for Katase Hirofumi?

Ivanhoe Electric reported that director Katase Hirofumi received an equity award of 9,901 shares of common stock. The Form 4 describes this as a grant or award acquisition, increasing his directly owned position to 81,684 shares after the transaction was recorded.

Was the Ivanhoe Electric (IE) insider award to Katase Hirofumi a market purchase?

No, the 9,901-share transaction for Katase Hirofumi is reported as a grant or award acquisition, not an open-market purchase. The price per share is shown as $0.00, indicating compensation-related stock rather than a cash-funded buy in the market.

What conditions apply to Katase Hirofumi’s 9,901-share award at Ivanhoe Electric (IE)?

The filing notes the 9,901-share transaction is a deferred share unit award subject to vesting criteria. Vesting depends on continued service on Ivanhoe Electric’s board, so the award fully benefits the director only if those service conditions are satisfied over time.

How many Ivanhoe Electric (IE) shares does Katase Hirofumi hold after the reported Form 4?

Following the equity award, Katase Hirofumi is reported as directly owning 81,684 shares of Ivanhoe Electric common stock. This total includes the newly granted 9,901 shares, which are characterized as a deferred share unit award subject to ongoing board service vesting conditions.

What does transaction code “A” mean in Ivanhoe Electric (IE) director Katase Hirofumi’s Form 4?

In this context, transaction code “A” signifies a grant, award, or other acquisition of securities. The Form 4 specifies that Katase Hirofumi received 9,901 common shares as an equity award, classified as a deferred share unit subject to vesting tied to continued board service.