STOCK TITAN

Robert M. Friedland of Ivanhoe Electric (IE) exercises options, lifts direct stake above 10.4M shares

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ivanhoe Electric Inc. Executive Chairman Robert M. Friedland reported an exercise of stock options into common shares. He exercised options covering 916,666 shares of Common Stock at $2.49 per share, increasing his directly held common shares to 10,466,436.

The exercised options were fully used, leaving no remaining shares under that specific option grant. A footnote states the option vested in four equal annual installments beginning on June 30, 2021, and that 168,250 shares are subject to vesting criteria tied to continued employment.

In addition to his direct holdings, 2,252,970 shares of Common Stock are reported as held indirectly through Ivanhoe Capital Pte Ltd. A footnote explains this total includes shares previously owned directly by Friedland that were transferred to an entity wholly owned and controlled by him.

Positive

  • None.

Negative

  • None.
Insider FRIEDLAND ROBERT M
Role Executive Chairman
Type Security Shares Price Value
Exercise Stock Option (right to buy) 916,666 $0.00 --
Exercise Common Stock 916,666 $2.49 $2.28M
holding Common Stock -- -- --
Holdings After Transaction: Stock Option (right to buy) — 0 shares (Direct, null); Common Stock — 10,466,436 shares (Direct, null); Common Stock — 2,252,970 shares (Indirect, By Ivanhoe Capital Pte Ltd.)
Footnotes (1)
  1. 168,250 shares are subject to vesting criteria related to continued employment. Total includes shares previously owned directly by the Reporting Person that were transferred to an entity that is wholly owned and controlled by the Reporting Person. The option became exercisable in four equal annual installments beginning on June 30, 2021.
Options exercised 916,666 shares Stock option exercise into common stock
Exercise price $2.49 per share Strike price for exercised stock options
Direct holdings after 10,466,436 shares Common stock held directly post-transaction
Indirect holdings 2,252,970 shares Common stock held through Ivanhoe Capital Pte Ltd.
Shares subject to vesting 168,250 shares Common stock tied to continued employment vesting criteria
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
vesting criteria financial
"168,250 shares are subject to vesting criteria related to continued employment."
indirect ownership financial
"direct_or_indirect: "I", nature_of_ownership: "By Ivanhoe Capital Pte Ltd.""
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
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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*
FRIEDLAND ROBERT M

(Last)(First)(Middle)
C/O IVANHOE ELECTRIC INC. 450 E. RIO
SALADO PARKWAY, SUITE 130

(Street)
TEMPE ARIZONA 85281

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Ivanhoe Electric Inc. [ IE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Executive Chairman
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/25/2026
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 Stock06/25/2026M916,666A$2.4910,466,436(1)D
Common Stock2,252,970IBy Ivanhoe Capital Pte Ltd.(2)
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
Stock Option (right to buy)$2.4906/25/2026M916,666 (3)06/30/2026Common Stock916,666$00D
Explanation of Responses:
1. 168,250 shares are subject to vesting criteria related to continued employment.
2. Total includes shares previously owned directly by the Reporting Person that were transferred to an entity that is wholly owned and controlled by the Reporting Person.
3. The option became exercisable in four equal annual installments beginning on June 30, 2021.
/s/ Robert M. Friedland06/25/2026
** 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 Ivanhoe Electric (IE) Executive Chairman Robert M. Friedland do in this Form 4?

Robert M. Friedland exercised stock options to acquire 916,666 shares of Ivanhoe Electric common stock at $2.49 per share. This increased his directly held shares to 10,466,436, reflecting a routine derivative exercise rather than an open-market purchase or sale.

How many Ivanhoe Electric (IE) shares does Robert M. Friedland hold after the reported transactions?

After the reported transactions, Friedland holds 10,466,436 Ivanhoe Electric common shares directly. He also reports indirect ownership of 2,252,970 additional shares held through Ivanhoe Capital Pte Ltd., an entity he wholly owns and controls according to the footnote disclosure.

What were the terms of the stock options exercised by Robert M. Friedland at Ivanhoe Electric (IE)?

Friedland exercised stock options for 916,666 Ivanhoe Electric shares with an exercise price of $2.49 per share. A footnote states the option became exercisable in four equal annual installments beginning on June 30, 2021, indicating a standard multi-year vesting schedule.

Are any of Robert M. Friedland’s Ivanhoe Electric (IE) shares subject to vesting conditions?

Yes. A footnote states that 168,250 Ivanhoe Electric shares are subject to vesting criteria related to continued employment. This means those shares will only fully vest if specific ongoing employment conditions are met over time.

How are Robert M. Friedland’s indirect Ivanhoe Electric (IE) holdings structured?

Friedland reports indirect ownership of 2,252,970 Ivanhoe Electric shares held by Ivanhoe Capital Pte Ltd. A footnote explains the total includes shares he previously held directly that were transferred to this entity, which he wholly owns and controls.