Lifezone Metals (NYSE: LZM) CEO reports shares, options, RSUs and earnouts
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
Lifezone Metals Ltd Chief Executive Officer Christopher Michael Showalter filed an initial ownership report showing direct holdings in the company. He holds 2,782,868 Lifezone Metals ordinary shares, plus stock options covering 327,730 ordinary shares at an exercise price of $4.40 expiring on August 14, 2030.
He also holds 333,334 restricted stock units, each representing one ordinary share, vesting in three equal installments between April 7, 2026 and April 7, 2027. In addition, he has 1,375,745 earnout units linked to ordinary shares that vest in two equal tranches if the daily VWAP reaches $14.00 or $16.00 for 20 trading days before July 6, 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Showalter Christopher Michael
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Lifezone Metals Stock Options | -- | -- | -- |
| holding | Lifezone Metals Restricted Stock Units | -- | -- | -- |
| holding | Lifezone Metals Earnout Units | -- | -- | -- |
| holding | Lifezone Metals Ordinary Share | -- | -- | -- |
Holdings After Transaction:
Lifezone Metals Stock Options — 327,730 shares (Direct);
Lifezone Metals Restricted Stock Units — 333,334 shares (Direct);
Lifezone Metals Earnout Units — 1,375,745 shares (Direct);
Lifezone Metals Ordinary Share — 2,782,868 shares (Direct)
Footnotes (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 RSUs vest equally in three installments on April 7, 2026, September 7, 2026 and April 7, 2027. Each Restricted Stock Unit represents a contingent right to receive one ordinary share of Lifezone Metals Limited. Vest in two equal tranches if the daily VWAP of Lifezone Metals shares for any 20 trading days is greater than or equal to $14.00 or $16.00 .
FAQ
What does the Lifezone Metals (LZM) Form 3 filing show for the CEO?
The Form 3 shows CEO Christopher Michael Showalter’s initial ownership in Lifezone Metals. He directly holds ordinary shares, stock options, restricted stock units, and performance-based earnout units, giving a detailed view of his current equity-based alignment with the company’s long-term performance.
What stock options are reported by the Lifezone Metals CEO on Form 3?
The CEO holds stock options over 327,730 ordinary shares with an exercise price of $4.40 per share, expiring on August 14, 2030. These options vest in three equal installments, tying additional ownership potential to continued service over the vesting period.
What restricted stock units (RSUs) does Lifezone Metals CEO hold?
He holds 333,334 restricted stock units, each representing one ordinary share. The RSUs vest in three equal installments on April 7, 2026, September 7, 2026 and April 7, 2027, providing time-based equity compensation that increases his stake as service conditions are met.
How do the earnout units in Lifezone Metals CEO’s Form 3 work?
The CEO has 1,375,745 earnout units tied to ordinary shares. They vest in two equal tranches if Lifezone Metals’ daily VWAP reaches $14.00 or $16.00 for any 20 trading days before July 6, 2028, linking additional equity to share-price performance milestones.
Does the Lifezone Metals Form 3 show any insider buying or selling?
The Form 3 reflects holdings only and does not report new purchases or sales. It establishes Christopher Michael Showalter’s existing positions in ordinary shares, stock options, RSUs, and earnout units as of the reporting date, without indicating recent trading activity.