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Liberty Star director receives 1.5M stock options

The options vest one-third on the grant date, one-third on the first anniversary, and one-third on the second anniversary.

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Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

Form Type
4

Rhea-AI Filing Summary

Liberty Star Uranium & Metals Corp. director Nicholas H. Hemmerly acquired 1,500,000 non-qualified stock options on November 4, 2026, to acquire common shares at an exercise price of $0.02 per share. The options were granted for director services with board approval.

Insider Hemmerly Nicholas H.
Role Director
Type Security Shares Price Value
Grant/Award Non Qualified stock Options F1 1,500,000 $0.02 $30K
Holdings After Transaction: Non Qualified stock Options — 1,500,000 contracts (Direct)
Footnotes (1)
  1. F1. NQSO's for services as a director as approved by the LBSR Board of Directors vesting one third on grant, one third on first anniversary, and one third on second year anniversary.
Options acquired 1,500,000 options November 4, 2026
Exercise price $0.02 per share Options to acquire common shares
Vesting schedule One-third on grant; one-third on first anniversary; one-third on second anniversary Options granted for director services
Non Qualified stock Options financial
"1,500,000 Non Qualified stock Options"
vesting financial
"vesting one third on grant"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
exercise price financial
"at an exercise price of $0.02 per share"
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.

How many options did the LBSR director receive, and what is the exercise price?

Nicholas H. Hemmerly acquired 1,500,000 non-qualified stock options at an exercise price of $0.02 per share on November 4, 2026.

How do the LBSR director's options vest?

The options vest one-third on the grant date, one-third on the first anniversary, and one-third on the second anniversary. They were granted for services as a director with board approval.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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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*
Hemmerly Nicholas H.

(Last)(First)(Middle)
234 MONROE DRIVE

(Street)
WEST PALM BEACH FLORIDA 33405

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LIBERTY STAR URANIUM & METALS CORP. [ LBSR ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/28/2026
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
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
Non Qualified stock Options(1)$0.0211/04/202610/28/2026A1,500,00010/28/202610/28/2036Common Stock1,500,000$0.021,500,000D
Explanation of Responses:
1. NQSO's for services as a director as approved by the LBSR Board of Directors vesting one third on grant, one third on first anniversary, and one third on second year anniversary.
/s/ Nicholas Hemmerly11/06/2026
** 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)

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