Director Day Malcolm Raymond reports initial CRML equity and performance units
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Critical Metals Corp. director Day Malcolm Raymond filed an initial ownership report showing significant equity-based compensation. He holds performance stock units tied to 1,350,000 Ordinary Shares at an exercise price of $12.88 per share, plus direct holdings of Ordinary Shares. The footnotes describe restricted stock units that vest in three equal annual installments starting on November 1, 2026, and performance stock units that vest in thirds only if volume-weighted average price targets of $16.25, $20.31, and $25.39 are achieved by October 31, 2026, October 31, 2027, and October 31, 2028, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Day Malcolm Raymond
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Performance Stock Units — 1,350,000 shares (Direct);
Ordinary Shares — 1,050,000 shares (Direct)
Footnotes (1)
- Represents ordinary shares of the Issuer, par value $0.001 per share ("Ordinary Shares"), underlying restricted stock units ("RSUs") granted on November 1, 2025 that will vest in three equal annual installments commencing on November 1, 2026, subject to the reporting person's continued service through such date. Each RSU represents a contingent right to receive one Ordinary Share. Each performance stock unit ("PSUs") was granted on October 30, 2025 and represents a right to receive an option for one Ordinary Share. The Ordinary Shares underlying the PSUs vest, if at all, based on the achievement of a certain volume weighted average price per Ordinary Share for any trailing twenty (20) consecutive trading days ("VWAP") beginning on or after November 28, 2025, as determined, approved and certified by the Compensation Committee of the Board of Directors. The PSUs will vest upon satisfaction of the following thresholds: 1/3rd upon the achievement of a $16.25 VWAP through October 31, 2026, 1/3rd upon the achievement of a $20.31 VWAP through October 31, 2027, and 1/3rd upon the achievement of a $25.39 VWAP through October 31, 2028. Any tranche of PSUs that has not vested by the last day of the applicable period shall automatically terminate.
FAQ
What does the Form 3 filing show for Critical Metals Corp. (CRML)?
The Form 3 shows director Day Malcolm Raymond’s initial ownership in Critical Metals Corp., including Ordinary Shares and equity awards such as restricted stock units and performance stock units that vest over time based on service and stock price performance conditions.
How do the performance stock units for CRML’s director vest?
Each performance stock unit was granted on October 30, 2025 and vests in three tranches. One-third vests at a VWAP of $16.25 by October 31, 2026, one-third at $20.31 by October 31, 2027, and one-third at $25.39 by October 31, 2028.
What are the terms of the restricted stock units disclosed for CRML?
The restricted stock units were granted on November 1, 2025 and will vest in three equal annual installments starting on November 1, 2026. Each RSU represents a contingent right to receive one Ordinary Share, subject to the director’s continued service.
What role does Day Malcolm Raymond hold at Critical Metals Corp. (CRML)?
The Form 3 identifies Day Malcolm Raymond as a director of Critical Metals Corp. His filing provides an initial snapshot of his equity-based interests, including Ordinary Shares, restricted stock units, and performance stock units with service and performance vesting conditions.