IBATF General Counsel reports 400,000 options and 100,000 RSUs in initial insider filing
Rhea-AI Filing Summary
International Battery Metals Ltd. filed an initial insider ownership report for its General Counsel, Norma Linda Garcia. She holds options to buy 400,000 common shares granted on February 12, 2025 under the company’s Rolling 10% Incentive Share Option Plan, vesting in two equal installments of 200,000 on the first and second anniversaries of the grant date at an exercise price of $0.365 per share, which reflects a CAD$0.495 grant price converted using the Bank of Canada rate as of January 30, 2026. Garcia also holds 100,000 Restricted Share Units (RSUs) granted on February 12, 2025 under the Amended and Restated Restricted Share Unit Plan, scheduled to vest as 33,333 units on February 12, 2026, 33,333 units on February 12, 2027, and 33,334 units on February 12, 2028, with each RSU representing a contingent right to receive one common share.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Options (Rights to Buy) | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
Footnotes (1)
- These option were granted on February 12, 2025, under the Issuer's Rolling 10% Incentive Share Option Plan and vest in equal amounts of 200,000 on the first and second anniversary of the grant date. Represents an exercise price of $0.495 Canadian dollars, converted to U.S. dollars using the Bank of Canada daily exchange rate of $1.00 to CAD$1.3562 as of January 30, 2026. Represents Restricted Share Units ("RSUs") granted on February 12, 2025, under International Battery Metals Ltd.'s (the "Issuer") Amended and Restated Restricted Share Unit Plan. These share will vest in accordance with the following schedule: 33,333 units vest on February 12, 2026, 33,333 units vest on February 12, 2027, and 33,334 units vest on February 12, 2028. Each RSU represents a contingent right to receive one Common Share.
FAQ
What insider holdings does IBATF General Counsel Norma Linda Garcia report on this Form 3?
How do Norma Linda Garcia’s 400,000 IBATF stock options vest and what is the exercise price?
What is the vesting schedule for the 100,000 RSUs held by IBATF’s General Counsel?
What plans govern the options and RSUs reported by IBATF’s General Counsel on this insider filing?
What event date is associated with the insider ownership statement for IBATF’s General Counsel?