International Battery Metals CEO receives 16,667 shares
The CEO's reported derivative positions include options expiring February 12, 2030 and RSUs tied to 150,000 and 750,000 common shares.
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Form Type
4
Rhea-AI Filing Summary
International Battery Metals Ltd. Chief Executive Officer Donald E. Bender had 16,667 restricted share units vest into 16,667 common shares on November 3, 2026. The issuer withheld 3,758 shares at $0.053 per share for tax obligations; Bender's resulting directly held common-share position was 68,835 shares. The reported positions also include options tied to 200,000 common shares expiring February 12, 2030, and RSUs tied to 150,000 and 750,000 common shares.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
BENDER DONALD E
Role
Chief Executive Officer
Sold
3,758 shs ($199.17)
Approx. gross sale proceeds
$199.17
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F4, F6 | 16,667 | $0.00 | $0.00 |
| Exercise | Common Stock, no par value | 16,667 | $0.00 | $0.00 |
| Sale | Common Shares, no par value F1 | 3,758 | $0.053 | $199.17 |
| Holding | Options (Rights to Buy) F2, F3 | -- | -- | -- |
| Holding | Restricted Share Units F4, F5 | -- | -- | -- |
| Holding | Restricted Share Units F4, F7 | -- | -- | -- |
Holdings After Transaction:
Restricted Share Units — 933,333 contracts for 900,000 underlying shares (Direct);
Common Stock, no par value — 72,593 shares (Direct);
Common Shares, no par value — 68,835 shares (Direct);
Options (Rights to Buy) — 200,000 contracts (Direct)
Footnotes (7)
- F1. Represents the number of shares withheld by the Issuer to satisfy the tax withholding obligations incurred by the reporting person as a result of the shares received on November 3, 2026
- F2. 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$1.4025 as of October 26, 2026.
- F3. These option were granted on February 12, 2025, under the Issuer's Rolling 10% Incentive Share Option Plan and vest in equal amounts of 100,000 on the first and second anniversary of the grant date.
- F4. Each RSU represents a contingent right to receive one Common Share.
- F5. Represents Restricted Share Units ("RSUs") granted on October 2, 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: 75,000 units vested on October 2, 2026, 75,000 units vest on October 2, 2027, and 75,000 units vest on October 2, 2028.
- F6. Represents RSUs granted on November 3, 2025, under the Issuer's Amended and Restated Restricted Share Unit Plan. These share will vest in accordance with the following schedule: 16,667 units vest on November 3, 2026, 16,667 units vest on November 3, 2027, and 16,666 units vest on November 3, 2028.
- F7. Represents RSUs granted on May 14, 2026, under the Issuer's the 2025 Omnibus Equity Incentive Plan (the "Omnibus Plan"). These share will vest in accordance with the following schedule: 250,000 units vest on May 14, 2027, 250,000 units vest on May 14, 2028, and 250,000 units vest on May 14, 2029.
Key Figures
RSUs vested: 16,667 units
Common shares acquired: 16,667 shares
Shares withheld for tax obligations: 3,758 shares at $0.053 per share
+4 more
7 metrics
RSUs vested
16,667 units
Vested November 3, 2026
Common shares acquired
16,667 shares
November 3, 2026
Shares withheld for tax obligations
3,758 shares at $0.053 per share
Issuer withholding on November 3, 2026
Direct common shares following withholding
68,835 shares
November 3, 2026
Options underlying common shares
200,000 shares
Exercise price of $0.495 Canadian dollars; expiration February 12, 2030
RSUs underlying common shares
150,000 shares
Reported RSU position; grant dated October 2, 2025
RSUs underlying common shares
750,000 shares
Reported RSU position; grant dated May 14, 2026
Key Terms
Restricted Share Units, tax withholding obligations, exercise price, Rolling 10% Incentive Share Option Plan
4 terms
tax withholding obligations financial
"to satisfy the tax withholding obligations incurred by the reporting person"
exercise price financial
"Represents an exercise price of $0.495 Canadian dollars"
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 options and RSUs did IBATF CEO Donald E. Bender report?
The options are tied to 200,000 common shares and expire February 12, 2030. Their footnote states a $0.495 Canadian-dollar exercise price, converted to U.S. dollars using the Bank of Canada's daily exchange rate of $1.00 to CAD$1.4025 as of October 26, 2026. The RSU positions cover 150,000 and 750,000 common shares.
When do Donald E. Bender's reported IBATF RSUs vest?
The October 2, 2025 grant has 75,000 units vested October 2, 2026, with 75,000 on each of October 2, 2027 and 2028. The November 3, 2025 grant vests 16,667 on November 3, 2026 and 2027, and 16,666 on November 3, 2028. A separate May 14, 2026 grant vests 250,000 units on each of May 14, 2027, 2028, and 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
