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International Battery Metals (IBATF) grants 740,524 RSUs to general counsel

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

Positive

  • None.

Negative

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Insider GARCIA NORMA LINDA
Role General Counsel
Type Security Shares Price Value
Grant/Award Restricted Stock Units 740,524 $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 shares (Direct, null); Options (Rights to Buy) — 400,000 shares (Direct, null); Restricted Share Units — 66,667 shares (Direct, null); Common Shares, no par value — 33,333 shares (Direct, null)
Footnotes (1)
  1. Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share. 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. 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. 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 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. 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.
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
Restricted Share Units financial
"Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share."
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
Amended and Restated Restricted Share Unit Plan financial
"Represents RSUs granted ... under International Battery Metals Ltd.'s Amended and Restated Restricted Share Unit Plan."
Rolling 10% Incentive Share Option Plan financial
"These option were granted on February 12, 2025, under the Issuer's Rolling 10% Incentive Share Option Plan..."
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
GARCIA NORMA LINDA

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

(Street)
HOUSTON TEXAS 77046

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
INTERNATIONAL BATTERY METALS LTD. [ IBATF ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Shares, no par value33,333D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Restricted Stock Units(1)06/22/2026A740,524 (2) (2)Common Stock, no par value740,524$0740,524D
Options (Rights to Buy)$0.365(3) (4)02/12/2030Common Shares, no par value400,000400,000D
Restricted Share Units(1) (5) (5)Common Shares, no par value66,66766,667D
Restricted Share Units(1) (6) (6)Common Shares, no par value500,000500,000D
Explanation of Responses:
1. Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share.
2. 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.
3. 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.
4. 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.
5. 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.
6. 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.
/s/ Norma Garcia06/23/2026
** 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 4 (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 4: SEC 1474 (03-26)

FAQ

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.