i-80 Gold Corp.·4

Mar 27, 2:34 PM ET

Young Richard Scott 4

Research Summary

AI-generated summary

Updated

i-80 Gold (IAUX) CEO Richard Young Buys 1,000,000 Shares

What Happened
Richard Scott Young, President, CEO and Director of i-80 Gold Corp. (IAUX), made an open-market purchase of 1,000,000 common shares on 2026-03-25 at US$1.40 per share (total ≈ US$1,400,000). On the same date he was also granted 407,408 Restricted Share Units (RSUs) valued at $0 on grant (a derivative award). The reported US$ purchase price reflects conversion from a Canadian dollar price of C$1.9328 using an exchange rate of C$1.3801 = US$1.00.

Key Details

  • Transaction dates: 2026-03-25 (both purchase and RSU grant). Filing date: 2026-03-27 (appears timely).
  • Open-market purchase (code P): 1,000,000 shares @ US$1.40; total ≈ US$1,400,000.
  • Award/grant (code A): 407,408 RSUs @ $0 (derivative award).
  • Shares owned after the transaction: not specified in the provided filing details.
  • Footnotes:
    • F1: Canadian purchase price converted to USD (C$1.9328 → US$1.40 using C$1.3801/US$1.00).
    • F2: Reporting person disclaims beneficial ownership except to the extent of pecuniary interest. Inclusion in report is not an admission of full beneficial ownership.
    • F3: Each RSU equals a contingent right to one share; RSUs vest in full on March 1, 2029 and will settle in cash or shares at the issuer’s discretion.

Context

  • This filing shows a meaningful buy by the CEO (a direct purchase), which many investors view as a stronger signal than routine sales because it indicates personal capital commitment.
  • The RSUs are long-dated (vesting 3 years out) and are a contingent/delayed form of compensation rather than immediate share ownership; settlement may be in cash or shares.
  • Everything reported appears routine and timely based on the dates provided; no 10b5-1 plan, tax withholding, or cashless exercise was indicated in the data provided.