BEP/Bluescape acquires 100K FEAM shares; post-transaction ownership 7.6M

Rhea-AI Filing Summary

5E Advanced Materials, Inc. (FEAM) reported an insider purchase on a Form 4. BEP Special Situations IV LLC and related Bluescape entities acquired 100,000 shares of common stock on 08/25/2025 at a price of $3.50 per share. After the purchase, the reporting persons beneficially own 7,597,349 shares. The filings identify BEP Special Situations IV LLC as a 10% owner and director, and note that Bluescape Energy Partners IV GP LLC is the general partner related to the purchaser. The reports were signed on 08/27/2025. The filing includes an ownership disclaimer stating the entities claim beneficial ownership only to the extent of pecuniary interest.

Insights

Financial Analyst

TL;DR Insider group increased its stake with a 100,000-share purchase at $3.50, leaving them with 7.6 million shares.

The transaction is a straightforward open-market acquisition by a reported 10% owner and director. The purchase size and post-transaction ownership are explicitly stated: 100,000 shares bought at $3.50 and 7,597,349 shares owned after the trade. For public market impact, this is a single modest-sized purchase relative to an unspecified float; the Form 4 confirms the actors and relationship structure via the general partner disclosure. No derivative activity or dispositions are reported. The filing’s ownership disclaimer is standard for related-party entities to limit legal attribution of beneficial ownership.

Corporate Governance Expert

TL;DR The filing documents a purchase by an affiliated 10% owner/director and includes the customary beneficial-ownership disclaimer.

The Form 4 properly discloses the reporting persons, their address, roles (director and 10% owner), the transaction date (08/25/2025), number of shares purchased (100,000), price ($3.50), and resulting holdings (7,597,349). It also includes a clear explanatory footnote describing the general partner relationship and the disclaimer of broader beneficial ownership. Signatures dated 08/27/2025 are present. No governance changes, option grants, or derivative instruments are included, so the filing is a routine insider transaction disclosure consistent with Section 16 requirements.

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).

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^*

BEP Special Situations IV LLC

(Last) (First) (Middle)

300 CRESCENT COURT, SUITE 1860

(Street)

DALLAS, TX 75201

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

3. Date of Earliest Transaction (Month/Day/Year)
08/25/2025

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

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

	Form filed by One Reporting Person
X	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
Common Stock	08/25/2025		P		100,000	A	$3.5	7,597,349	D(1)(2)

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

1. Name and Address of Reporting Person^*

BEP Special Situations IV LLC

(Last) (First) (Middle)

300 CRESCENT COURT, SUITE 1860

(Street)

DALLAS, TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

1. Name and Address of Reporting Person^*

Bluescape Energy Partners IV GP LLC

(Last) (First) (Middle)

300 CRESCENT COURT, SUITE 1860

(Street)

DALLAS, TX 75201

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer

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

Explanation of Responses:

1. Bluescape Energy Partners IV GP LLC ("Bluescape GP") is the general partner of Bluescape Energy Recapitalization and Restructuring Fund IV LP, which wholly owns BEP Special Situations IV LLC ("Bluescape", together with Bluescape GP, the "Reporting Persons"). As such, Bluescape GP may be deemed to have beneficial ownership of the securities held by Bluescape. Each Reporting Person disclaims beneficial ownership of the reported securities except to the extent of its pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.

2. Bluescape purchased the Common Stock reported herein.

	/s/ Jonathan Siegler, Managing Director and Chief Financial Officer, on behalf of BEP Special Situations IV LLC	08/27/2025
	/s/ Jonathan Siegler, Managing Director and Chief Financial Officer, on behalf of Bluescape Resources GP Holdings LLC, managing member of Bluescape Energy Partners IV GP LLC	08/27/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did FEAM report on Form 4?

BEP Special Situations IV LLC and related Bluescape entities purchased 100,000 shares of FEAM common stock on 08/25/2025 at $3.50 per share.

How many FEAM shares do the reporting persons own after the purchase?

The filing states the reporting persons beneficially own 7,597,349 shares following the transaction.

Who filed the Form 4 for FEAM and what is their relationship to the company?

The Form 4 was filed by BEP Special Situations IV LLC and Bluescape Energy Partners IV GP LLC; both are noted as a director and a 10% owner of the issuer.

What price was paid for the FEAM shares in the reported transaction?

The reported purchase price was $3.50 per share.

When was the Form 4 signed and submitted?

The document bears signatures dated 08/27/2025.