de Margerie Victoire 4

What Happened

• Victoire de Margerie, a director of Ivanhoe Electric Inc. (IE), received an award of 9,901 deferred share units on March 6, 2026. The Form 4 lists the acquisition price as $0.00 (award), so no cash was exchanged; reported value on the form is $0 for the transfer.
• This was a compensation award (deferred share units) rather than an open-market purchase or sale, and the units are subject to vesting tied to continued board service.

Key Details

• Transaction date: 2026-03-06; filing date: 2026-03-09 (filed within the normal Form 4 reporting window).
• Price: $0.00 per unit; total listed consideration: $0 (reflecting an award/grant).
• Shares owned after transaction: not specified in the filing.
• Footnote: The award is a deferred share unit subject to vesting criteria related to continued board service.

Context

• Deferred share units (DSUs) are a form of director compensation that convert to shares or cash later if and when vesting conditions are met; they are not an immediate open-market investment and do not necessarily signal the insider’s short-term market view.
• Because this is a grant for board compensation, it’s routine corporate governance activity rather than a direct buy or sell by the insider.