Butler Ronald Jr 4

What Happened
Ronald Butler Jr, a director of i-80 Gold Corp. (IAUX), received an award of 21,766 deferred share units (DSUs) on March 25, 2026. The Form 4 reports the acquisition as a derivative award at $0.00 per unit (no cash paid). DSUs are economic equivalents of common shares but are not issued as actual shares at grant.

Key Details

• Transaction type: Award/Grant of Deferred Share Units (transaction code A) on 2026-03-25.
• Amount: 21,766 DSUs; reported acquisition price $0.00 (no cash exchanged).
• Filing: Form 4 filed 2026-03-27 (reports the 2026-03-25 transaction; appears timely). Accession: 0000912282-26-000519.
• Shares owned after transaction: Not disclosed in this filing.
• Footnotes:
  • F1: Each DSU equals the economic value of one common share; underlying shares will not be issued and Butler has no voting/dispositive rights until he separates as a director.
  • F2: The DSUs vest in full on July 1, 2026 and do not expire.

Context
This is a derivative compensation award (deferred units) rather than an open-market buy or sale. Such awards are common for director compensation and do not involve immediate share issuance or voting power; they generally convert to economic exposure tied to the company's stock value at a later date (here, vesting and issuance are deferred).