Elevra Lithium trust sells 32,651 shares for taxes

Q: How many ELVR shares were sold, and at what price?

The ELV Employee Plan Share Trust sold 32,651 ordinary shares on November 2, 2026, at a reported U.S.-dollar price of $2.1492 per share. The shares were sold in Australian dollars at AUD 3.0603 per share and converted at 0.7023 USD per 1.00 AUD as of November 2, 2026. The sale covered withholding tax obligations; no Rule 10b5-1 plan is reported.

Q: How many ELVR performance rights vested and were exercised?

52,075 performance rights vested and were exercised on October 31, 2026, resulting in the acquisition of 52,075 ordinary shares held in the ELV Employee Share Plan Trust. The rights were originally granted on November 28, 2024, and vested upon satisfaction of the applicable performance-related vesting conditions.

After the November 2 sale, the trust's reported ordinary-share position was 102,911 shares.

Available on EDGAR 11/03/2026 - 09:13 PM EST Accepted by SEC EDGAR 11/03/2026 - 09:12 PM EST

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Rhea-AI Filing Summary

Elevra Lithium Ltd (ELVR) reported performance-rights vesting and exercise and a tax-related share sale associated with President Canada & Group COO Sylvain Collard. The ELV Employee Share Plan Trust acquired 52,075 ordinary shares on October 31, 2026, upon exercise of 52,075 vested performance rights; its reported position afterward was 135,562 ordinary shares. The ELV Employee Plan Share Trust sold 32,651 ordinary shares on November 2, 2026, to cover withholding tax obligations. The sale price was reported as $2.1492 per share, converted from AUD 3.0603, and the reported position afterward was 102,911 shares.

Insider Trade Summary

Exercise and sale activity reported; no spread calculated

Exercise and Sale 4 txns

Insider Collard Sylvain

Role President Canada & Group COO

Sold 32,651 shs ($70K)

Approx. gross sale proceeds $70K

Approx. exercise cost $0.00

Share of Position Sold 24.1%

Type	Security	Shares	Price	Value
Sale	Ordinary Shares ^{F2, F3}	32,651	$2.1492	$70K
Grant/Award	Performance Rights ^F4	52,075	$0.00	$0.00
Exercise	Performance Rights ^F1	52,075	$0.00	$0.00
Exercise	Ordinary Shares ^F1	52,075	$0.00	$0.00

Holdings After Transaction: Performance Rights — 0 contracts (Indirect, Held in ELV Employee Share Plan Trust); Ordinary Shares — 135,562 shares (Indirect, Held in ELV Employee Share Plan Trust); Ordinary Shares — 102,911 shares (Indirect, Held in ELV Employee Plan Share Trust)

Holdings Before and After: Performance Rights, 0 to 0 contracts (Indirect, Held in ELV Employee Share Plan Trust); Ordinary Shares, 83,487 to 135,562 shares (Indirect, Held in ELV Employee Share Plan Trust); Ordinary Shares, 135,562 to 102,911 shares (Indirect, Held in ELV Employee Plan Share Trust)

Footnotes (4)

F1. Represents the exercise of the 52,075 vested performance rights.
F2. Represents shares sold to cover withholding tax obligations on the vesting and settlement of the reporting person's performance rights.
F3. The reported shares were sold in Australian dollars at a price of AUD 3.0603 per share. The sale price is reported in U.S. dollars and reflects the conversion from AUD to USD at an exchange rate of 0.7023 USD per 1.00 AUD as of November 2, 2026.
F4. Represents the vesting of the 52,075 performance rights originally granted to the reporting person on November 28, 2024, upon satisfaction of the applicable performance-related vesting conditions.

Key Figures

Vested performance rights: 52,075 rights Ordinary shares acquired: 52,075 shares Ordinary shares sold: 32,651 shares +4 more

7 metrics

Vested performance rights 52,075 rights Vested October 31, 2026

Ordinary shares acquired 52,075 shares October 31, 2026

Ordinary shares sold 32,651 shares November 2, 2026

Reported sale price $2.1492 per share U.S.-dollar price reported for the November 2, 2026 sale

Sale price in Australian dollars AUD 3.0603 per share November 2, 2026 sale

Reported position after exercise 135,562 ordinary shares ELV Employee Share Plan Trust, October 31, 2026

Reported position after sale 102,911 ordinary shares ELV Employee Plan Share Trust, November 2, 2026

Key Terms

performance rights, withholding tax obligations, performance-related vesting conditions

3 terms

performance rights financial

"exercise of the 52,075 vested performance rights"

Performance rights are conditional awards that give employees or executives the promise of receiving company shares or cash only if the business meets specific targets or survives for a set period. They work like a bonus you only get when certain goals are hit, so they matter to investors because they can increase the number of shares outstanding (dilution), signal management’s incentives and confidence in future results, and affect per-share earnings and valuation.

withholding tax obligations financial

"sold to cover withholding tax obligations"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many ELVR shares were sold, and at what price?

The ELV Employee Plan Share Trust sold 32,651 ordinary shares on November 2, 2026, at a reported U.S.-dollar price of $2.1492 per share. The shares were sold in Australian dollars at AUD 3.0603 per share and converted at 0.7023 USD per 1.00 AUD as of November 2, 2026. The sale covered withholding tax obligations; no Rule 10b5-1 plan is reported.

How many ELVR performance rights vested and were exercised?

52,075 performance rights vested and were exercised on October 31, 2026, resulting in the acquisition of 52,075 ordinary shares held in the ELV Employee Share Plan Trust. The rights were originally granted on November 28, 2024, and vested upon satisfaction of the applicable performance-related vesting conditions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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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)
10/31/2026

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	10/31/2026		M⁽¹⁾		52,075	A	$0	135,562	I	Held in ELV Employee Share Plan Trust
Ordinary Shares	11/02/2026		S⁽²⁾		32,651	D	$2.1492⁽³⁾	102,911	I	Held in ELV Employee Plan Share Trust

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)
Performance Rights	$0	10/31/2026		A⁽⁴⁾		52,075		10/31/2026	10/31/2028	Ordinary Shares	52,075	$0	52,075	I	Held in ELV Employee Share Plan Trust
Performance Rights	$0	10/31/2026		M⁽¹⁾			52,075	10/31/2026	10/31/2028	Ordinary Shares	52,075	$0	0	I	Held in ELV Employee Share Plan Trust

Explanation of Responses:

1. Represents the exercise of the 52,075 vested performance rights.

2. Represents shares sold to cover withholding tax obligations on the vesting and settlement of the reporting person's performance rights.

3. The reported shares were sold in Australian dollars at a price of AUD 3.0603 per share. The sale price is reported in U.S. dollars and reflects the conversion from AUD to USD at an exchange rate of 0.7023 USD per 1.00 AUD as of November 2, 2026.

4. Represents the vesting of the 52,075 performance rights originally granted to the reporting person on November 28, 2024, upon satisfaction of the applicable performance-related vesting conditions.

	/s/ Sylvain Collard	11/03/2026
	** 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