How is the ELV Employee Share Plan Trust involved in the Elevra Lithium Form 4?

The sold 41,561 shares were held indirectly in the ELV Employee Share Plan Trust. The filing describes Collard’s ownership of these shares as indirect, reflecting their administration through the plan trust while still being reported as part of his beneficial holdings.

Elevra Lithium (ELVR) COO records tax-related sale of 41,561 shares

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Elevra Lithium Ltd executive reports tax-related share sale

President Canada & Group COO Sylvain Collard reported an open‑market sale of 41,561 Elevra Lithium ordinary shares at $5.7665 per share. According to the notes, these shares were sold to cover withholding tax obligations triggered by the vesting and settlement of his time‑based equity rights.

The sold shares were held indirectly through the ELV Employee Share Plan Trust. After the transactions, Collard’s reported holdings total 42,562 ordinary shares held indirectly via the plan trust and 40,925 ordinary shares held directly.

Insider Trade Summary

Net Seller: 41,561 shares ($239,662)

Net Sell 2 txns

Insider Collard Sylvain

Role President Canada & Group COO

Sold 41,561 shs ($240K)

Type	Security	Shares	Price	Value
Sale	Ordinary Shares	41,561	$5.7665	$240K
holding	Ordinary Shares	--	--	--

Holdings After Transaction: Ordinary Shares — 42,562 shares (Indirect, Held in ELV Employee Share Plan Trust); Ordinary Shares — 40,925 shares (Direct)

Footnotes (1)

Represents shares sold to cover withholding tax obligations on the vesting and settlement of the reporting person's time-based equity rights. The reported shares were sold in Australian dollars at a price of AUD 8.3452 per share. The sale price is reported in U.S. dollars and reflects the conversion from AUD to USD at an exchange rate of 0.6910 USD per 1.00 AUD as of April 2, 2026.

Key Figures

Shares sold: 41,561 shares Sale price per share (USD): $5.7665 per share Sale price per share (AUD): AUD 8.3452 per share +3 more

6 metrics

Shares sold 41,561 shares Ordinary shares sold on April 2, 2026

Sale price per share (USD) $5.7665 per share Converted from AUD using stated exchange rate

Sale price per share (AUD) AUD 8.3452 per share Actual transaction currency before FX conversion

Exchange rate 0.6910 USD per 1.00 AUD FX rate as of April 2, 2026 for reporting

Indirect holdings after transaction 42,562 shares Ordinary shares held via ELV Employee Share Plan Trust

Direct holdings after transaction 40,925 shares Ordinary shares held directly by Sylvain Collard

Key Terms

withholding tax obligations, time-based equity rights, Employee Share Plan Trust, open-market sale

4 terms

withholding tax obligations financial

"Represents shares sold to cover withholding tax obligations on the vesting"

time-based equity rights financial

"vesting and settlement of the reporting person's time-based equity rights"

open-market sale financial

"transaction_action": "open-market sale""

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

Form 4 Insider Transactions: What Each Field Means →

04/07/2026 - 04:15 PM

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Collard Sylvain

(Last)

(First)

(Middle)

LEVEL 3, 10 EAGLE STREET

(Street)

BRISBANE

QUEENSLAND

4000

(City)

(State)

(Zip)

AUSTRALIA

(Country)

2. Issuer Name and Ticker or Trading Symbol
Elevra Lithium Ltd [ ELVR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President Canada & Group COO

2a. Foreign Trading Symbol
[ELV (ASX)]

3. Date of Earliest Transaction (Month/Day/Year)
04/02/2026

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	04/02/2026		S⁽¹⁾		41,561	D	$5.7665⁽²⁾	42,562	I	Held in ELV Employee Share Plan Trust
Ordinary Shares								40,925	D

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents shares sold to cover withholding tax obligations on the vesting and settlement of the reporting person's time-based equity rights.

2. The reported shares were sold in Australian dollars at a price of AUD 8.3452 per share. The sale price is reported in U.S. dollars and reflects the conversion from AUD to USD at an exchange rate of 0.6910 USD per 1.00 AUD as of April 2, 2026.

	/s/ Dylan Darbyshire-Roberts, Attorney-in-Fact for Sylvain Collard	04/07/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Elevra Lithium (ELVR) report for Sylvain Collard?

Elevra Lithium reported that executive Sylvain Collard sold 41,561 ordinary shares. The filing states the shares were sold to cover withholding tax obligations from vesting time-based equity rights, rather than as a discretionary sale of his investment position.

At what price were the Elevra Lithium (ELVR) shares sold in the Form 4?

The reported 41,561 Elevra Lithium ordinary shares were sold at an average price of $5.7665 per share. A footnote explains this reflects conversion from an actual sale price of AUD 8.3452 per share using a 0.6910 USD/AUD exchange rate.

Why did Elevra Lithium executive Sylvain Collard sell shares according to the filing?

The Form 4 footnote states the shares were sold to cover withholding tax obligations. These obligations arose when Collard’s time-based equity rights vested and settled, indicating the transaction was tax-driven rather than a strategic decision to reduce his economic exposure.

How many Elevra Lithium (ELVR) shares does Sylvain Collard hold after the reported transactions?

After the reported activity, Collard holds 42,562 ordinary shares indirectly through the ELV Employee Share Plan Trust and 40,925 ordinary shares directly. These post-transaction balances show he retains a substantial equity position in Elevra Lithium following the tax-related sale.