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Liberty Star awards CFO Madaris 1.5M stock options

The award vests in three one-third installments: at grant, on the first anniversary and on the second anniversary.

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Form Type
4

Rhea-AI Filing Summary

Liberty Star Uranium & Metals Corp. (LBSR) reported that Patricia Madaris, its CFO, VP Finance, Interim CEO, was awarded 1,500,000 non-qualified stock options on November 4, 2026, for officer services, as approved by the LBSR Board of Directors. The options have a $0.02 per-share exercise price, expire October 28, 2036, and vest one third at grant, one third on the first anniversary, and one third on the second anniversary.

Insider MADARIS PATRICIA
Role CFO, VP FINANCE, Interim CEO
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, Stock Options awarded (right to buy) for services as an officer as approved by the LBSR Board of Directors vesting one third at grant, one third on first anniversary and one third on second anniversary.
Options awarded 1,500,000 options Awarded to Patricia Madaris on November 4, 2026
Exercise price $0.02 per share Non-qualified stock options
Vesting schedule One third at grant; one third on first anniversary; one third on second anniversary Options awarded for officer services
Expiration date October 28, 2036 Non-qualified stock options
NQSO financial
"NQSO, Stock Options awarded (right to buy)"
vesting financial
"vesting one third at 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
"conversion_or_exercise_price"
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 LBSR award to Patricia Madaris?

Patricia Madaris, CFO, VP Finance, Interim CEO, was awarded 1,500,000 non-qualified stock options with a $0.02 per-share exercise price.

When do Patricia Madaris's LBSR options vest?

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

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*
MADARIS PATRICIA

(Last)(First)(Middle)
1896 WILDWOOD DR.

(Street)
MADISONVILLE KENTUCKY 42431

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
CFO, VP FINANCE, Interim CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025
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, Stock Options awarded (right to buy) for services as an officer as approved by the LBSR Board of Directors vesting one third at grant, one third on first anniversary and one third on second anniversary.
/s/ Patricia Madaris11/06/2026
** 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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