5E Advanced Materials CEO Vesting: 914 RSUs, 328 Shares Withheld

Rhea-AI Filing Summary

5E Advanced Materials, Inc. (FEAM) reporting person Paul Wesley Weibel III, identified as an officer and CEO, recorded equity activity related to restricted share units (RSUs) and common stock on 09/15/2025. The report shows vesting and tax-withholding actions: 914 RSUs vested (reported as transaction code M) resulting in an increase of 15,416 shares before withholding, and 328 shares were withheld to cover taxes at an implied price of $3.89, leaving 15,088 shares beneficially owned by the reporting person.

The filing lists two RSU grants: 530 RSUs from a 2023 grant and 384 RSUs from a 2024 grant, each vesting one-third annually over three years under the companys 2022 Equity Compensation Plan.

Insights

Corporate Governance Expert

TL;DR: Routine executive vesting with tax withholding; not a material change to ownership but signals planned compensation realization.

The reported transactions reflect scheduled vesting of RSUs and standard withholding to satisfy tax obligations. The actions are consistent with time-based equity compensation under the 2022 Equity Compensation Plan and do not indicate discretionary open-market sales. For shareholders, this is a governance-normal event that modestly adjusts the CEOs beneficial ownership but does not imply changes to corporate strategy or control.

Compensation Analyst

TL;DR: Vesting of 914 RSUs and withholding of 328 shares is routine compensation realization aligned with multi-year vesting schedules.

The filing details two separate RSU grants with standard one-third annual vesting, showing expected cadence of equity compensation payout. The withholding of 328 shares to cover taxes is typical and reduces net share receipt. No derivative exercises or open-market dispositions beyond withholding are reported, suggesting compensation administration rather than liquidity-driven insider selling.

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^*

Weibel Paul Wesley III

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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
Common Stock	09/15/2025		M		914	A	(1)	15,416	D
Common Stock	09/15/2025		F		328(2)	D	$3.89	15,088	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Unit	(1)	09/15/2025		M			530	(3)	(3)	Common Stock	530	$0	530	D
Restricted Share Unit	(1)	09/15/2025		M			384	(4)	(4)	Common Stock	384	$0	766	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. Represents the number of shares of common stock withheld by the Issuer to cover the reporting person's tax withholding obligation upon the vesting of RSUs.

3. RSUs granted on September 15, 2023 pursuant to the Issuers 2022 Equity Compensation Plan (the "Plan"). One-third vests on each of the first, second and third anniversary of the grant date.

4. RSUs granted on September 15, 2024 pursuant to the Plan. One-third vests on each of the first, second and third anniversary of the grant date.

	/s/ Paul Weibel	09/16/2025
	** 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 activity did 5E Advanced Materials (FEAM) report for Paul Weibel?

The filing shows 914 RSUs vested on 09/15/2025 and 328 shares withheld to cover taxes, leaving 15,088 shares beneficially owned.

Were the RSUs part of a particular compensation plan?

Yes. The RSUs were granted under the companys 2022 Equity Compensation Plan with one-third vesting on each of the first, second and third anniversaries of the grant dates.

How many RSUs came from each grant year?

The report identifies 530 RSUs from a September 15, 2023 grant and 384 RSUs from a September 15, 2024 grant, totaling 914 vested RSUs reported.

Did the report include any open-market sales by the reporting person?

No open-market sale is reported; the only dispositions shown are shares withheld by the issuer for tax withholding upon RSU vesting.

What price is reported in the Form 4?

The Form 4 lists an implied withholding price of $3.89 related to the 328 shares withheld for taxes.