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Intl Battery Metals (IBATF) CEO discloses 3M restricted share units

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

Rhea-AI Filing Summary

International Battery Metals Ltd. filed a Form 3 showing that Chief Executive Officer and director Joseph A. Mills beneficially owns restricted equity awards in the company. He holds 1,000,000 Restricted Share Units (RSUs) granted on April 7, 2025, which vest in full on April 7, 2026, under the company’s Amended and Restated Restricted Share Unit Plan. He also holds 2,000,000 Performance Based Restricted Share Units (PBRSUs) granted on the same date, which vest upon completion and deployment of two additional Direct Lithium Extraction plants, subject to the related agreement. Each RSU and each PBRSU represents a contingent right to receive one common share.

Positive

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Insider MILLS JOSEPH A
Role Chief Executive Officer
Type Security Shares Price Value
holding Restricted Share Units -- -- --
holding Performance Based Restricted Share Units -- -- --
Holdings After Transaction: Restricted Share Units — 1,000,000 shares (Direct); Performance Based Restricted Share Units — 2,000,000 shares (Direct)
Footnotes (1)
  1. Represents Restricted Share Units ("RSUs") granted on April 7, 2025 under International Battery Metals Ltd.'s (the "Issuer") Amended and Restated Restricted Share Unit Plan (as amended, the "Plan") and vests in full on April 7, 2026. Each RSU represents a contingent right to receive one Common Share. Represents Performance Based Restricted Share Units ("PBRSUs") granted on April 7, 2025, under the Plan, which shall vest upon completion of and deployment of two additional Direct Lithium Extraction Plants, subject to the terms of the associated Restricted Share Unit Agreement. Each PBRU represents a contingent right to receive one Common Share.
SEC Form 3
FORM 3 UNITED 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*
MILLS JOSEPH A

(Last) (First) (Middle)
12 GREENWAY PLAZA
SUITE 1100

(Street)
HOUSTON TX 77027

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
01/30/2026
3. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL BATTERY METALS LTD. [ IBATF ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
5. 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 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)
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 Exercisable Expiration Date Title Amount or Number of Shares
Restricted Share Units (1) (1) Common Shares, no par value 1,000,000 (2) D
Performance Based Restricted Share Units (3) (3) Common Shares, no par value 2,000,000 (4) D
Explanation of Responses:
1. Represents Restricted Share Units ("RSUs") granted on April 7, 2025 under International Battery Metals Ltd.'s (the "Issuer") Amended and Restated Restricted Share Unit Plan (as amended, the "Plan") and vests in full on April 7, 2026.
2. Each RSU represents a contingent right to receive one Common Share.
3. Represents Performance Based Restricted Share Units ("PBRSUs") granted on April 7, 2025, under the Plan, which shall vest upon completion of and deployment of two additional Direct Lithium Extraction Plants, subject to the terms of the associated Restricted Share Unit Agreement.
4. Each PBRU represents a contingent right to receive one Common Share.
/s/ Norma Garcia, Attorney-in-Fact for Joseph A. Mills 02/04/2026
** Signature of Reporting Person Date
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.

FAQ

What does the IBATF Form 3 filing disclose for CEO Joseph A. Mills?

The Form 3 shows that CEO and director Joseph A. Mills beneficially owns restricted share units in International Battery Metals Ltd. These include 1,000,000 time-based RSUs and 2,000,000 performance-based RSUs, all convertible into common shares upon vesting under plan terms.

How many restricted share units does IBATF’s CEO hold according to this Form 3?

Joseph A. Mills holds 1,000,000 Restricted Share Units and 2,000,000 Performance Based Restricted Share Units. Each unit, whether time-based or performance-based, represents a contingent right to receive one common share of International Battery Metals Ltd. when its vesting conditions are satisfied.

When do Joseph A. Mills’ IBATF Restricted Share Units vest?

The 1,000,000 Restricted Share Units granted to Joseph A. Mills on April 7, 2025 vest in full on April 7, 2026. These RSUs were issued under International Battery Metals Ltd.’s Amended and Restated Restricted Share Unit Plan according to the Form 3 disclosure.

What are the vesting conditions for IBATF performance-based RSUs held by the CEO?

The 2,000,000 Performance Based Restricted Share Units vest upon completion and deployment of two additional Direct Lithium Extraction plants. Vesting is also subject to the terms of the associated Restricted Share Unit Agreement under the company’s equity incentive plan.

What does each IBATF RSU and PBRSU represent in this Form 3 filing?

Each Restricted Share Unit and each Performance Based Restricted Share Unit represents a contingent right to receive one common share of International Battery Metals Ltd. Actual common shares are issued only if the applicable time-based or performance-based vesting conditions are met.

What roles does Joseph A. Mills hold at International Battery Metals Ltd.?

Joseph A. Mills is identified as both a director and the Chief Executive Officer of International Battery Metals Ltd. in the Form 3. The filing reflects his beneficial ownership of restricted equity awards connected to these leadership positions at the company.