Director Jack Wortzman details option and RSU awards at Frontier Nuclear (FNUC)

Rhea-AI Filing Summary

Frontier Nuclear & Minerals Inc. director Jack Wortzman filed an initial statement of beneficial ownership showing equity awards rather than new market transactions. He holds fully vested stock options to acquire 4,000 common shares at an exercise price of $5.00 per share, expiring on January 30, 2028.

He also holds 7,500 restricted stock units granted on July 21, 2025. These RSUs will vest on the earlier of June 30, 2026 or when the company’s market capitalization exceeds US$150 million for 10 consecutive trading days. The RSUs do not expire, and each RSU represents a contingent right to receive one common share.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Wortzman Jack

(Last) (First) (Middle)

360 MAIN STREET, 30TH FLOOR

(Street)

WINNIPEG R3C 4G1

(City) (State) (Zip)

MANITOBA, CANADA

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
03/18/2026

3. Issuer Name and Ticker or Trading Symbol
Frontier Nuclear & Minerals Inc. [ FNUC ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Stock Options (Right to Buy)	(1)	01/30/2028	Common Shares	4,000	$5	D
Restricted Stock Units	(2)	(3)	Common Shares	7,500	(4)	D

Explanation of Responses:

1. The Stock Options are fully vested.

2. The Restricted Stock Units (RSUs) were granted on July 21, 2025. All of the RSUs will vest on the earlier of June 30, 2026 or the market capitalization of the Issuer exceeding US$150 million for 10 consecutive trading days.

3. The RSUs do not expire.

4. Each RSU represents a contingent right to receive one Common Share.

	Wortzman Jack	03/18/2026
	** 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 5 (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 3: SEC 1473 (03-26)

FAQ

What does Jack Wortzman’s Form 3 show for Frontier Nuclear & Minerals (FNUC)?

The Form 3 shows director Jack Wortzman’s initial equity holdings in Frontier Nuclear & Minerals. It lists fully vested stock options and restricted stock units, detailing exercise price, expiration, grant date, and specific vesting conditions tied to time and company market capitalization.

How many stock options does Jack Wortzman hold in Frontier Nuclear & Minerals (FNUC)?

Jack Wortzman holds stock options over 4,000 common shares at an exercise price of $5.00 per share. These options are fully vested and expire on January 30, 2028, giving him the right, but not the obligation, to purchase shares at that fixed price.

What restricted stock units does Jack Wortzman report for Frontier Nuclear & Minerals (FNUC)?

He reports 7,500 restricted stock units tied to Frontier Nuclear & Minerals common shares. The RSUs were granted on July 21, 2025 and each unit represents a contingent right to receive one common share upon satisfying vesting conditions described in the filing.

When do Jack Wortzman’s RSUs in Frontier Nuclear & Minerals (FNUC) vest?

All 7,500 RSUs vest on the earlier of June 30, 2026 or when the company’s market capitalization exceeds US$150 million for 10 consecutive trading days. This means vesting can occur based on either a time-based or performance-based milestone.

Do Jack Wortzman’s RSUs in Frontier Nuclear & Minerals (FNUC) expire?

The filing states that the RSUs do not expire, distinguishing them from traditional options with fixed end dates. They remain outstanding until they vest or are otherwise settled or forfeited under the plan terms, with each RSU equating to one common share upon settlement.

What does each RSU represent in Frontier Nuclear & Minerals (FNUC)?

Each RSU represents a contingent right to receive one Frontier Nuclear & Minerals common share. Delivery of shares occurs only if the vesting conditions are met, aligning Wortzman’s potential ownership with both time-based and market capitalization performance thresholds described in the award terms.