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Ferroglobe (NASDAQ: GSM) chair discloses PSU awards and share holdings

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

Rhea-AI Filing Summary

Ferroglobe PLC Executive Chairman Javier Lopez Madrid filed a Form 3 reporting his holdings in the company. He holds multiple performance share unit awards over ordinary shares with a zero exercise price, with individual grants covering up to 432,771 underlying shares and expiring between 2026 and 2035. A footnote explains these amounts reflect the maximum shares that may vest, as the performance periods have not yet ended. He also reports 78,580 ordinary shares held directly and additional ordinary shares held indirectly through related entities.

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Insider Lopez Madrid Javier
Role Executive Chairman
Type Security Shares Price Value
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Performance share units -- -- --
holding Ordinary shares -- -- --
holding Ordinary shares -- -- --
holding Ordinary shares -- -- --
holding Ordinary shares -- -- --
Holdings After Transaction: Performance share units — 28,117 shares (Direct); Ordinary shares — 78,580 shares (Direct); Ordinary shares — 121,200 shares (Indirect, By Financiera Siacapital SL)
Footnotes (1)
  1. [object Object]
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*
Lopez Madrid Javier

(Last)(First)(Middle)
THE SCALPEL, 18TH FLOOR, 52 LIME STREET,

(Street)
LONDONEC3M 7AF

(City)(State)(Zip)

UNITED KINGDOM

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026
3. Issuer Name and Ticker or Trading Symbol
Ferroglobe PLC [ GSM ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
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)
Ordinary shares78,580D
Ordinary shares121,200IBy Financiera Siacapital SL
Ordinary shares73,890IBy a corporation controlled by spouse
Ordinary shares100IBy spouse
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
Performance share units11/24/201911/24/2026Ordinary shares28,117$0D
Performance share units06/01/202006/01/2027Ordinary shares70,464$0D
Performance share units03/21/202103/21/2028Ordinary shares46,777$0D
Performance share units06/14/202106/14/2028Ordinary shares23,066$0D
Performance share units03/13/202203/13/2029Ordinary shares110,114$0D
Performance share units12/16/202312/16/2030Ordinary shares432,771$0D
Performance share units01/01/202409/09/2031Ordinary shares385,611$0D
Performance share units05/30/202605/30/2033Ordinary shares333,935(1)$0D
Performance share units06/19/202706/19/2034Ordinary shares273,977(1)$0D
Performance share units09/10/202809/10/2035Ordinary shares285,278(1)$0D
Explanation of Responses:
1. Refers to the maximum number of shares to potentially vest for performance share units subject to performance periods that have not yet ended.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Marta Bragado, attorney-in-fact for Javier Lopez Madrid03/18/2026
** 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 does Javier Lopez Madrid report in his Ferroglobe (GSM) Form 3 filing?

He reports his existing holdings in Ferroglobe securities, including performance share units and ordinary shares. The filing details multiple PSU grants over ordinary shares and both direct and indirect ordinary share ownership through related entities.

How many Ferroglobe performance share units does Javier Lopez Madrid disclose?

He discloses several performance share unit grants over ordinary shares, each with specified underlying share amounts. One grant covers 432,771 underlying ordinary shares, with others ranging from 23,066 to 385,611 underlying shares, all at a zero exercise price.

What is notable about the vesting of Javier Lopez Madrid’s Ferroglobe performance share units?

A footnote states the reported performance share unit amounts are maximum potential shares that may vest. They are tied to performance periods that have not yet ended, meaning actual shares delivered could be lower depending on achieved performance.

What direct and indirect Ferroglobe ordinary share holdings are shown for Javier Lopez Madrid?

He reports 78,580 ordinary shares held directly. Indirect holdings include 121,200 ordinary shares held by Financiera Siacapital SL, 73,890 shares held by a corporation controlled by his spouse, and 100 shares held by his spouse.

When do Javier Lopez Madrid’s Ferroglobe performance share units expire?

His performance share units have expiration dates ranging from November 24, 2026 to September 10, 2035. Each grant specifies an expiration date, after which unvested or unexercised rights to the underlying ordinary shares would lapse.