[Form 4] Ivanhoe Electric Inc. Insider Trading Activity

Rhea-AI Filing Summary

Century Vision Holdings Limited sold 3,418,295 shares of Ivanhoe Electric Inc. common stock on September 25, 2025 in a post-paid forward transaction at an effective price of $9.2998 per share. After the reported sale, the reporting persons collectively report beneficial ownership of 9,665,673 shares (indirect) and an additional 589,210 shares (indirect), reflecting holdings across Century Vision, Prestige Century, Chow Tai Fook Enterprises, Chow Tai Fook (Holding) and Chow Tai Fook Capital. The sale was to an unaffiliated financial institution and the filing is made jointly by the five related reporting entities, each disclaiming beneficial ownership except to the extent of pecuniary interest.

Positive

• None.

Negative

• A significant disposition of 3,418,295 common shares was executed on 09/25/2025, which reduces the reporting group’s direct economic exposure to Ivanhoe Electric Inc.
• The sale was structured as a post-paid forward to a financial institution, a complex arrangement that may introduce counterparty or timing considerations compared with a simple cash sale.

Insights

Financial Analyst

TL;DR: A substantial equity disposition by related Chow Tai Fook entities via a post-paid forward reduces their indirect stake but appears structured for liquidity rather than corporate control change.

The sale of 3,418,295 shares at an effective price of $9.2998 through a post-paid forward is a meaningful cash-generating transaction. As reported, the group still holds significant indirect positions totaling 9,665,673 shares plus 589,210 shares noted separately. Without outstanding share count or context on total float, the precise ownership percentage cannot be determined from this Form 4 alone. The post-paid forward structure suggests the sellers retained some economic interest and timing flexibility versus an outright spot sale, which may mitigate immediate market impact.

Corporate Governance Expert

TL;DR: Related insiders executed a structured sale and filed jointly; disclosure aligns with Section 16 requirements and includes standard beneficial ownership disclaimers.

The Form 4 discloses a transfer to an unaffiliated financial institution via a post-paid forward, and the filing is signed by the assistant corporate secretary and senior legal counsel for the involved entities. The joint filing clarifies the ownership chain among CTF Capital, CTF Holding, CTF Enterprises, Century Vision and Prestige Century. Each reporting person expressly disclaims beneficial ownership except for pecuniary interest, which is a customary disclosure in multi-entity filings and preserves clarity on voting/control intent.

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

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X

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Chow Tai Fook Enterprises Ltd

(Last) (First) (Middle)

32/F, NEW WORLD TOWER

18 QUEEN'S ROAD CENTRAL

(Street)

HONG KONG K3 00000

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

3. Date of Earliest Transaction (Month/Day/Year)
09/25/2025

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

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

	Form filed by One Reporting Person
X	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	09/25/2025		S		3,418,295	D	$9.2998(1)	9,665,673(1)(2)(3)	I	See footnote(2)(3)
Common Stock								589,210(2)(3)	I	See footnote(2)(3)

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

1. Name and Address of Reporting Person^*

Chow Tai Fook Enterprises Ltd

(Last) (First) (Middle)

32/F, NEW WORLD TOWER

18 QUEEN'S ROAD CENTRAL

(Street)

HONG KONG K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

CHOW TAI FOOK (HOLDING) Ltd

(Last) (First) (Middle)

32/F, NEW WORLD TOWER

18 QUEEN'S ROAD CENTRAL

(Street)

HONG KONG K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

CHOW TAI FOOK CAPITAL Ltd

(Last) (First) (Middle)

32/F, NEW WORLD TOWER

18 QUEEN'S ROAD CENTRAL

(Street)

HONG KONG K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Century Vision Holdings Ltd

(Last) (First) (Middle)

32/F, NEW WORLD TOWER

18 QUEEN'S ROAD

(Street)

HONG KONG K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Prestige Century Investments Ltd

(Last) (First) (Middle)

32/F, NEW WORLD TOWER

18 QUEEN'S ROAD

(Street)

HONG KONG K3 00000

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. On September 25, 2025, Century Vision Holdings Limited ("Century Vision") sold 3,418,295 shares of the common stock, par value $0.0001 per share ("Common Stock") of Ivanhoe Electric Inc. to an unaffiliated financial institution pursuant to a post-paid forward transaction at a price based on the volume weighted average price of the Common Shares over a period of time determined by the financial institution, subject to an agreed minimum and maximum period.

2. This Form 4 is being filed jointly by Century Vision, Prestige Century Investments Limited ("Prestige Century"), Chow Tai Fook Enterprises Limited ("CTF Enterprises"), Chow Tai Fook (Holding) Limited ("CTF Holding"), and Chow Tai Fook Capital Limited ("CTF Capital"). Century Vision and Prestige Century are managed by the same three-person board of directors. CTF Capital is the 81.03% owner of CTF Holding, which is the 100% owner of CTF Enterprises, which is the 100% owner of each of Century Vision and Prestige Century.

3. Each reporting person hereunder disclaims beneficial ownership of the Common Stock except to the extent of its pecuniary interest therein.

	/s/ Rennie Wong, assistant corporate secretary of Chow Tai Fook (Holding) Ltd.	09/25/2025
	/s/ Rennie Wong, assistant corporate secretary of Chow Tai Fook Capital Ltd.	09/25/2025
	/s/ Rennie Wong, assistant corporate secretary of Century Vision Holdings Ltd.	09/25/2025
	/s/ Rennie Wong, assistant corporate secretary of Prestige Century Investments Ltd.	09/25/2025
	/s/ Rennie Wong, Senior Legal Counsel of Chow Tai Fook Enterprise Ltd	09/25/2025
	** 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).
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FAQ

What transaction did the Chow Tai Fook reporting group disclose for Ivanhoe Electric Inc. (IE)?

They disclosed the sale of 3,418,295 shares of IE common stock on September 25, 2025 via a post-paid forward transaction at an effective price of $9.2998 per share.

Who filed the Form 4 reporting this transaction for IE?

The Form 4 was filed jointly by Century Vision Holdings Ltd, Prestige Century Investments Ltd, Chow Tai Fook Enterprises Ltd, Chow Tai Fook (Holding) Ltd, and Chow Tai Fook Capital Ltd.

How many IE shares do the reporting persons beneficially own after the transaction?

Following the reported transaction, the filing shows 9,665,673 shares and an additional 589,210 shares reported as indirect beneficial ownership across the reporting persons.

What is the nature of the sale disclosed in the Form 4 for IE?

The sale was made to an unaffiliated financial institution pursuant to a post-paid forward transaction with pricing based on a volume-weighted average price over a period, subject to minimum and maximum periods.

Do the reporting persons claim voting or direct beneficial ownership of the sold shares?

Each reporting person disclaims beneficial ownership of the Common Stock except to the extent of its pecuniary interest, per the filing.