International Battery Metals (IBATF) grants 500,000 RSUs to General Counsel

Rhea-AI Filing Summary

INTERNATIONAL BATTERY METALS LTD. General Counsel Norma Linda Garcia reported updated equity holdings, highlighted by a new compensation grant of 500,000 Restricted Share Units (RSUs) on May 14, 2026. Each RSU represents a contingent right to receive one common share.

After this grant, she directly holds 33,333 common shares, previously granted RSUs covering 66,667 underlying common shares, and options over 400,000 common shares with a $0.365 exercise price expiring on February 12, 2030. The 500,000 new RSUs vest in three annual tranches from May 14, 2027 through May 14, 2029 under the company’s Amended and Restated Restricted Share Unit Plan, reflecting a multi‑year, stock‑based compensation award rather than an open‑market share purchase or sale.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider GARCIA NORMA LINDA

Role General Counsel

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Units	500,000	$0.00	--
holding	Options (Rights to Buy)	--	--	--
holding	Restricted Share Units	--	--	--
holding	Common Shares, no par value	--	--	--

Holdings After Transaction: Restricted Share Units — 500,000 shares (Direct, null); Options (Rights to Buy) — 400,000 shares (Direct, null); Common Shares, no par value — 33,333 shares (Direct, null)

Footnotes (1)

1. 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. Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share. 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.

Key Figures

New RSU grant: 500,000 RSUs Common shares held: 33,333 shares Prior RSUs underlying shares: 66,667 shares +4 more

7 metrics

New RSU grant 500,000 RSUs Granted May 14, 2026 to General Counsel

Common shares held 33,333 shares Direct ownership after reported transactions

Prior RSUs underlying shares 66,667 shares RSUs granted February 12, 2025

Stock options underlying shares 400,000 shares Options expiring February 12, 2030

Option exercise price $0.365 per share U.S. dollar equivalent of CAD$0.495

New RSU vesting schedule 166,666 / 166,667 / 166,667 units Vesting on May 14, 2027, 2028, 2029

Prior RSU vesting tranches 33,333 / 33,333 / 33,334 units Vesting on Feb 12, 2026, 2027, 2028

Key Terms

Restricted Share Unit, Options (Rights to Buy), exercise price, Rolling 10% Incentive Share Option Plan, +1 more

5 terms

Restricted Share Unit financial

"Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share."

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

Options (Rights to Buy) financial

"Options (Rights to Buy) with an exercise price of $0.365 expiring on February 12, 2030."

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.

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..."

Amended and Restated Restricted Share Unit Plan financial

"Represents RSUs granted under International Battery Metals Ltd.'s Amended and Restated Restricted Share Unit Plan."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	General Counsel

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Shares, no par value								33,333	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options (Rights to Buy)	$0.365(1)							(2)	02/12/2030	Common Shares, no par value	400,000		400,000	D
Restricted Share Units	(3)							(4)	(4)	Common Shares, no par value	66,667		66,667	D
Restricted Share Units	(3)	05/14/2026		A		500,000		(5)	(5)	Common Stock, no par value	500,000	$0	500,000	D

Explanation of Responses:

1. 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.

2. 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.

3. Each Restricted Share Unit ("RSU") represents a contingent right to receive one Common Share.

4. 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.

5. 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 Garcia	05/14/2026
	** 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 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 IBATF General Counsel Norma Linda Garcia report in this Form 4?

Norma Linda Garcia reported updated equity holdings, including a new grant of 500,000 Restricted Share Units (RSUs). She also disclosed existing common shares, RSUs, and stock options as part of her overall compensation-related equity position.

How many Restricted Share Units were granted to IBATF’s General Counsel?

She received a grant of 500,000 Restricted Share Units on May 14, 2026. These RSUs vest in three installments between May 14, 2027 and May 14, 2029 under the company’s Amended and Restated Restricted Share Unit Plan.

Does this IBATF Form 4 show any open-market buying or selling of shares?

The filing does not show any open-market buying or selling. It primarily reflects a grant of 500,000 RSUs and updates to existing holdings in common shares, RSUs, and stock options held directly by the General Counsel.

What stock options does IBATF’s General Counsel hold according to this filing?

She holds options over 400,000 common shares with an exercise price of $0.365 per share, expiring on February 12, 2030. These options were granted under the Issuer’s Rolling 10% Incentive Share Option Plan.

What existing RSUs for IBATF shares are reported before the new 500,000 grant?

The filing lists RSUs granted on February 12, 2025 covering 66,667 underlying common shares. These vest in three tranches on February 12, 2026, February 12, 2027, and February 12, 2028 under the company’s RSU plan.

How many IBATF common shares does the General Counsel directly own after the transactions?

She directly owns 33,333 common shares following the reported transactions. This common share position is separate from her RSU awards and stock options, which give additional contingent and derivative exposure to the company’s equity.