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Lifezone Metals (LZM) director details 18,917-share stock option grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Lifezone Metals Ltd director Maajar Mwanaidi Sinare has filed an initial ownership report showing holdings of stock options linked to the company’s ordinary shares. These options cover 18,917 underlying shares at an exercise price of $4.40 per share and expire on August 14, 2030.

The options were granted on August 14, 2025 and vest in three equal installments on November 1, 2025, August 14, 2026 and August 14, 2027. This filing records Sinare’s derivative position rather than any current share purchase or sale.

Positive

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Insider Maajar Mwanaidi Sinare
Role Director
Type Security Shares Price Value
holding Lifezone Metals Stock Options -- -- --
Holdings After Transaction: Lifezone Metals Stock Options — 18,917 shares (Direct)
Footnotes (1)
  1. [object Object]
SEC Form 3
FORM 3UNITED 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
OMB APPROVAL
OMB Number:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Maajar Mwanaidi Sinare

(Last)(First)(Middle)
02 GOLF STREET (NEE AVOCADO) KAWE,
KINONDONI DISTRICT

(Street)
DAR ES SALAAM

(City)(State)(Zip)

TANZANIA, UNITED REPUBLIC OF

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
03/26/2026
3. Issuer Name and Ticker or Trading Symbol
Lifezone Metals Ltd [ LZM ]
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)
XDirector10% Owner
Officer (give title below)Other (specify below)
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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 ExercisableExpiration DateTitleAmount or Number of Shares
Lifezone Metals Stock Options (1)08/14/2030Lifezone Metals Ordinary Share18,917$4.4D
Explanation of Responses:
1. The Stock Options were granted on August 14, 2025, and vest in three equal installments on November 1, 2025, August 14, 2026 and August 14, 2027
Remarks:
Mwanaidi Sinare Maajar03/27/2026
** 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 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 insider position does Lifezone Metals (LZM) director Maajar Mwanaidi Sinare report on this Form 3?

The Form 3 shows Maajar Mwanaidi Sinare holding stock options over 18,917 Lifezone Metals ordinary shares. These are derivative securities, not common shares, and reflect Sinare’s equity-linked compensation position as a director of the company.

What are the key terms of Maajar Mwanaidi Sinare’s Lifezone Metals (LZM) stock options?

The stock options relate to 18,917 underlying ordinary shares with an exercise price of $4.40 per share. They expire on August 14, 2030, giving the director a multiyear window to exercise once vesting conditions are met.

When do Maajar Mwanaidi Sinare’s Lifezone Metals (LZM) stock options vest?

The options were granted on August 14, 2025 and vest in three equal installments. Vesting dates are November 1, 2025, August 14, 2026 and August 14, 2027, gradually increasing the portion of options that can be exercised.

Does this Lifezone Metals (LZM) Form 3 show any insider buying or selling of shares?

The Form 3 reflects an initial statement of beneficial ownership, listing stock option holdings only. It does not report any open-market purchases or sales of Lifezone Metals ordinary shares by Maajar Mwanaidi Sinare at this time.

How many Lifezone Metals (LZM) shares are covered by Maajar Mwanaidi Sinare’s options?

The options are tied to 18,917 underlying Lifezone Metals ordinary shares. This figure represents the number of shares that could be acquired upon full exercise of the options, assuming all vesting conditions are satisfied during the option term.