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Frontier Nuclear (FNUC) CEO reports stock options, RSU awards and shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3/A

Rhea-AI Filing Summary

Frontier Nuclear & Minerals Inc. Chief Executive Officer Frank David Wheatley filed an amended initial ownership report detailing his equity holdings. As of March 18, 2026, he directly holds stock options over 19,230 common shares at an exercise price of $5.0000 expiring on July 14, 2026, and additional options over 500,000 common shares at $3.0800 expiring on February 23, 2031. He also holds restricted stock units (RSUs) covering 29,846, 65,674, and 25,000 common shares, which carry a $0.0000 exercise price and do not expire. The RSUs were granted under the company’s RSU plan and vest on future dates the CEO may elect, subject to plan limits, with some tranches tied to dates such as July 1, 2026 and performance conditions including the issuer’s market capitalization exceeding US$150,000,000 for 10 consecutive trading days, and with provisions for accelerated vesting upon a Change of Control or if accelerated by the board. In addition, he directly owns 7,692 common shares.

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SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Wheatley Frank David

(Last)(First)(Middle)
100 LIDSTONE RD.

(Street)
SALMON ARMV1E 2Y1

(City)(State)(Zip)

BRITISH COLUMBIA, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Frontier Nuclear & Minerals Inc. [ FNUC ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
03/18/2026
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares7,692D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options (Right to Buy) (1)07/14/2026Common Shares19,230$5D
Stock Options (Right to Buy) (2)02/23/2031Common Shares500,000$3.08D
Restricted Stock Units (3) (4)Common Shares29,846(5)D
Restricted Stock Units (6) (4)Common Shares65,674(5)D
Restricted Stock Units (7) (4)Common Shares25,000(5)D
Explanation of Responses:
1. The Stock Options are fully vested.
2. The Stock Options were granted on February 23, 2026 under the Issuers option plan. The Stock Options vest in accordance with the following schedule: (i) 50% vest on February 23, 2027 and (ii) 50% vest on February 23, 2028.
3. The Restricted Share Units (RSUs) were granted on July 21, 2025 under the Issuers restricted share unit award plan (RSU Plan). The RSUs will vest on such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan.
4. The RSUs do not expire.
5. Each RSU represents a contingent right to receive one Common Share or the cash equivalent thereof as allowed under the RSU plan.
6. The RSUs were granted on February 23, 2026 under the Issuers RSU Plan. The RSUs will vest as to the number of shares indicated and, on the later of (i) July 1, 2026; and (ii) such date as the Reporting Person may elect provided such date is within the time period allowed under the RSU Plan. Notwithstanding any provisions within the RSU Plan to the contrary, the RSUs shall be entitled to immediate vest upon the occurrence of a Change of Control (as defined in the RSU Plan) or if vesting is accelerated by the Issuers Board of Directors.
7. The RSUs were granted on February 23, 2026 under the Issuers RSU Plan. The RSUs will vest on the later of (i) the earlier of (y) January 1, 2027, or (z) the market capitalization of the Issuer exceeding US$150,000,000 for 10 consecutive trading days; and (ii) such date as the Reporting Person may elect, provided such date is within the time period allowed under the RSU Plan.
Remarks:
On March 18, 2026, a Form 3 was filed which inadvertently omitted certain securities held by the Reporting Person due to an administrative error. This Form 3 amendment is being filed to correctly report all of the securities beneficially owned by the Reporting Person as of March 18, 2026.
Wheatley Frank David03/20/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)

FAQ

What insider holdings did Frontier Nuclear (FNUC) report for its CEO?

Frontier Nuclear’s CEO reported stock options, RSUs, and common shares. He holds options over 19,230 and 500,000 common shares, several RSU blocks, and 7,692 common shares directly, all detailed as of March 18, 2026.

How many stock options does the Frontier Nuclear (FNUC) CEO hold and at what prices?

The CEO holds two main stock option positions. One covers 19,230 common shares at an exercise price of $5.0000 expiring July 14, 2026. The other covers 500,000 common shares at $3.0800 expiring February 23, 2031.

What restricted stock units (RSUs) does the Frontier Nuclear (FNUC) CEO hold?

The CEO holds three RSU grants. They cover 29,846, 65,674, and 25,000 common shares at a $0.0000 exercise price. These RSUs were granted under the company’s RSU plan and represent contingent rights to receive common shares or cash.

When will the Frontier Nuclear (FNUC) CEO’s RSUs vest?

The RSUs vest on dates elected by the CEO within plan limits. Certain tranches reference July 1, 2026, and another vests based on the earlier of January 1, 2027 or market capitalization exceeding US$150,000,000 for 10 consecutive trading days.

Do the Frontier Nuclear (FNUC) CEO’s RSUs expire or accelerate on a Change of Control?

The RSUs do not expire and may accelerate on a Change of Control. Under the RSU plan, they are entitled to immediate vesting if a Change of Control occurs or if vesting is accelerated by the board of directors.

How many Frontier Nuclear (FNUC) common shares does the CEO own directly?

The CEO directly owns 7,692 common shares. This direct common share position is in addition to his unexercised stock options and unvested restricted stock units reported as of March 18, 2026.
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