International Battery Metals GC awarded 740,524 RSUs
International Battery Metals Ltd. reported that General Counsel Norma Linda Garcia received a grant of 740,524 Restricted Stock Units (RSUs).
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Form Type
4
Rhea-AI Filing Summary
International Battery Metals Ltd. reported that General Counsel Norma Linda Garcia received a grant of 740,524 Restricted Stock Units (RSUs). Each RSU represents a contingent right to receive one common share. The RSUs were granted under the company’s Amended and Restated Restricted Share Unit Plan.
According to the vesting schedule, 246,841 units vest on June 19, 2027, another 246,841 on June 19, 2028, and 246,842 on June 19, 2029. Garcia also holds 33,333 common shares directly, previously granted RSUs tied to 566,667 underlying common shares, and options for 400,000 shares at an exercise price of $0.365 expiring in 2030.
Insider Trade Summary
Grant/Award: 740,524 shares
Grant/Award
5 txns
Insider
GARCIA NORMA LINDA
Role
General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 740,524 | $0.00 | $0.00 |
| holding | Options (Rights to Buy) | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Restricted Share Units | -- | -- | -- |
| holding | Common Shares, no par value | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 740,524 contracts (Direct);
Options (Rights to Buy) — 400,000 contracts (Direct);
Restricted Share Units — 566,667 contracts (Direct);
Common Shares, no par value — 33,333 shares (Direct)
Footnotes (6)
- F1. Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share.
- F2. Represents RSUs granted on June 19, 2026, 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: 246,841 units vest on June 19, 2027, 246,841 units vest on June 19, 2028, and 246,842 units vest on June 19, 2029.
- F3. These options were issued with an exerciase price of CAD$0.495. The reported exercise price represents the U.S. dollar equivalent using the Bank of Canada daily exchange rate of $0.7374 on the grant date of January 30, 2026.
- F4. 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.
- F5. Represents 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 vested on February 12, 2026, 33,333 units vest on February 12, 2027, and 33,334 units vest on February 12, 2028.
- F6. Represents RSUs granted on May 14, 2026, 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: 166,666 units vest on May 14, 2027, 166,667 units vest on May 14, 2028, and 166,667 units vest on May 14, 2029.
Key Figures
RSUs granted: 740,524 units
RSUs vesting 2027: 246,841 units
RSUs vesting 2028: 246,841 units
+5 more
8 metrics
RSUs granted
740,524 units
Restricted Stock Units granted to General Counsel; each unit equals one common share
RSUs vesting 2027
246,841 units
Portion of 740,524 RSUs vesting on June 19, 2027
RSUs vesting 2028
246,841 units
Portion of 740,524 RSUs vesting on June 19, 2028
RSUs vesting 2029
246,842 units
Final portion of 740,524 RSUs vesting on June 19, 2029
Direct common shares
33,333 shares
Common Shares, no par value, held directly after reported transactions
Existing RSUs (first grant)
500,000 underlying shares
Restricted Share Units referencing 500,000 underlying common shares
Existing RSUs (second grant)
66,667 underlying shares
Restricted Share Units referencing 66,667 underlying common shares
Stock options
400,000 underlying shares at $0.365
Options (Rights to Buy) common shares, expiring February 12, 2030
Key Terms
Restricted Share Units, Amended and Restated Restricted Share Unit Plan, Rolling 10% Incentive Share Option Plan, Options (Rights to Buy), +1 more
5 terms
Options (Rights to Buy) financial
"Options (Rights to Buy) with an exercise price of 0.3650 and 400000.0000 underlying shares."
exercise price financial
"These options were issued with an exerciase price of CAD$0.495. The reported exercise price represents the U.S. dollar equivalent..."
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did International Battery Metals (IBATF) report in this Form 4 for Norma Linda Garcia?
International Battery Metals reported that General Counsel Norma Linda Garcia received a grant of 740,524 Restricted Stock Units (RSUs). These RSUs give her a contingent right to receive common shares over time, subject to the disclosed vesting schedule.
How do the 740,524 RSUs for IBATF’s General Counsel vest over time?
The 740,524 RSUs vest in three annual installments: 246,841 units on June 19, 2027, 246,841 units on June 19, 2028, and 246,842 units on June 19, 2029. Each vested unit converts into one International Battery Metals common share.
What other equity awards does IBATF’s General Counsel hold besides the new RSU grant?
In addition to 740,524 new RSUs, Garcia holds 33,333 common shares directly, RSUs tied to 500,000 and 66,667 underlying common shares, and options for 400,000 shares at a $0.365 exercise price expiring in 2030.
Are the 740,524 RSUs for IBATF’s General Counsel an open-market purchase or a compensation grant?
The 740,524 RSUs are described as a grant, award, or other acquisition under International Battery Metals’ Amended and Restated Restricted Share Unit Plan, indicating a compensation-related equity award rather than an open-market share purchase.
What stock option position does IBATF’s General Counsel hold according to this Form 4?
Garcia holds options labeled “Options (Rights to Buy)” covering 400,000 underlying common shares with an exercise price of $0.365 per share. These options were granted under the Rolling 10% Incentive Share Option Plan and expire on February 12, 2030.
AI-generated analysis. How Rhea-AI works. Not financial advice.
