[Form 4] 5E Advanced Materials, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Director Dick Barry received 6,885 restricted stock units (RSUs) of 5E Advanced Materials, Inc. (FEAM) on 09/30/2025. Each RSU converts to one share of common stock and the grant was reported as a direct holding of 6,885 shares following the award. The RSUs were issued under the companys Amended and Restated 2022 Equity Compensation Plan, carry a $0.00 purchase price, vest on July 1, 2026 subject to Mr. Barrys continued board service through the vesting date, and have no expiration date. The Form 4 was filed by one reporting person and signed by an attorney-in-fact on behalf of Mr. Barry.

Insights

Securities Analyst

TL;DR: Routine director RSU grant aligning board interests with shareholders; not a cash transaction and vesting is service-based.

The grant of 6,885 RSUs to a director is a non-cash compensation event reported on Form 4. Each RSU converts to one share and the award was made under the company's 2022 equity plan. Vesting is contingent on continued board service through July 1, 2026, and the RSUs carry no expiration date. From a securities disclosure perspective this is a standard equity award and does not indicate an immediate sale or purchase of underlying shares.

Corporate Governance Expert

TL;DR: Typical governance practice: RSUs used to align director incentives with long-term shareholder value.

The disclosure shows the company uses time-based RSUs under its equity plan for director compensation. The service-based vesting requirement until July 1, 2026 is straightforward and the absence of an exercise price (listed as $0.00) confirms these are restricted units rather than options. The filing was executed by an attorney-in-fact and properly reported on Form 4, meeting Section 16 reporting obligations.

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

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

1. Name and Address of Reporting Person^*

Dick Barry

(Last) (First) (Middle)

9329 MARIPOSA ROAD

SUITE 210

(Street)

HESPERIA CA 92344

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
5E Advanced Materials, Inc. [ FEAM ]

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

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025

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

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

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

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)
			Code	V	Amount	(A) or (D)	Price

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit(1)	(1)	09/30/2025		A		6,885		(2)	(2)	Common Stock	6,885	$0.00	6,885	D

Explanation of Responses:

1. Each restricted share unit ("RSU") represents a contingent right to receive one share of 5E Advanced Materials, Inc. common stock.

2. RSUs granted on September 30, 2025 pursuant to the Issuer's Amended and Restated 2022 Equity Compensation Plan. The RSUs vest on July 1, 2026, subject to the Reporting Person's continuing service on the Issuer's Board through the applicable vesting date. The RSUs have no expiration date.

Remarks:

	/s / Joshua Malm, Attorney-in-Fact for Barry Dick	09/30/2025
	** 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.

FAQ

What did FEAM director Dick Barry receive on 09/30/2025?

He was granted 6,885 restricted stock units (RSUs), each representing one share of common stock.

When do the RSUs awarded to Dick Barry vest?

The RSUs vest on July 1, 2026, subject to the reporting person's continued service on the board through that date.

What is the cost to acquire the RSUs for Dick Barry?

The RSUs are listed with a $0.00 price, indicating they are restricted units rather than purchased options.

How many shares will Dick Barry beneficially own after the grant?

The Form 4 reports 6,885 shares beneficially owned following the reported transaction.

Under what plan were the RSUs granted?

The awards were granted under the issuer's Amended and Restated 2022 Equity Compensation Plan.