[Form 4] Ivanhoe Electric Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ivanhoe Electric Inc. reported that its General Counsel and Corporate Secretary, Joseph Cassandra Pulskamp, exercised employee stock options and sold shares of common stock. He exercised 123,074 options with a reported exercise price of $0.00 per share, receiving 123,074 common shares at a reported value of $13.23 per share. He then sold 123,074 common shares in open-market transactions at a weighted average price of $16.48 per share, with individual sale prices ranging from $16.30 to $17.00. Following these transactions, he directly owned 51,370 common shares and held 376,926 employee stock options, and indirectly owned 2,000 common shares through the Cassandra Joseph Family Trust.

Insider Trade Summary

Net Seller: 123,074 shares ($2,028,260)

Net Sell 4 txns

Insider Joseph Cassandra Pulskamp

Role Gen. Counsel / Corp. Secretary

Sold 123,074 shs ($2.03M)

Type	Security	Shares	Price	Value
Exercise	Employee Stock Option (right to buy)	123,074	$0.00	--
Exercise	Common Stock	123,074	$13.23	$1.63M
Sale	Common Stock	123,074	$16.48	$2.03M
holding	Common Stock	--	--	--

Holdings After Transaction: Employee Stock Option (right to buy) — 376,926 shares (Direct); Common Stock — 174,444 shares (Direct); Common Stock — 2,000 shares (Indirect, By Cassandra Joseph Family Trust)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $17.00, 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. The option was granted on February 1, 2023, and vests in three equal annual installments beginning on February 1, 2023.

Form 4 Insider Transactions: What Each Field Means →

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^*

Joseph Cassandra Pulskamp

(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)
	Gen. Counsel / Corp. Secretary

3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026

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	02/25/2026		M		123,074	A	$13.23	174,444	D
Common Stock	02/25/2026		S		123,074	D	$16.48(1)	51,370	D
Common Stock								2,000	I	By Cassandra Joseph Family Trust

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
Employee Stock Option (right to buy)	$13.23	02/25/2026		M			123,074	(2)	02/01/2030	Common Stock	500,000	$0	376,926	D

Explanation of Responses:

1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $16.30 to $17.00, 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.

2. The option was granted on February 1, 2023, and vests in three equal annual installments beginning on February 1, 2023.

	/s/ Cassandra Pulskamp Joseph	02/27/2026
	** 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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