Lifezone Metals (LZM) CEO receives 236,072 stock options grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Lifezone Metals Ltd reported that Chief Executive Officer Christopher Michael Showalter received a grant of stock options. The award covers 236,072 Lifezone Metals Stock Options at an exercise price of $4.81 per share, with no cash paid by him at grant.

The options were granted as compensation and are scheduled to vest in three equal instalments on November 3, 2026, May 7, 2027 and May 7, 2028. Following this grant, Showalter holds 236,072 stock options directly. The filing does not show any open‑market purchases or sales of the company’s ordinary shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Showalter Christopher Michael

Role Chief Executive Officer

Type	Security	Shares	Price	Value
Grant/Award	Lifezone Metals Stock Options	236,072	$0.00	--

Holdings After Transaction: Lifezone Metals Stock Options — 236,072 shares (Direct, null)

Footnotes (1)

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Key Figures

Stock options granted: 236,072 options Exercise price: $4.81 per share Options after transaction: 236,072 options +4 more

7 metrics

Stock options granted 236,072 options Grant to CEO on May 7, 2026

Exercise price $4.81 per share Strike price of granted stock options

Options after transaction 236,072 options Total options held by CEO following grant

Option expiration date May 6, 2031 Expiration of granted stock options

First vesting date November 3, 2026 First of three equal vesting instalments

Second vesting date May 7, 2027 Second of three equal vesting instalments

Third vesting date May 7, 2028 Final vesting instalment of options grant

Key Terms

Stock Options, exercise price, vesting, expiration date

4 terms

Stock Options financial

"The Stock Options were granted on May 7, 2026, and vest in three equal instalments"

Stock options are agreements that give a person the right to buy or sell a company's stock at a specific price within a certain time frame. They are often used as a reward or incentive, similar to a coupon that can be used later if the stock price rises, allowing the holder to make a profit.

exercise price financial

"conversion_or_exercise_price": "4.8100""

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.

vesting financial

"and vest in three equal instalments on November 3, 2026, May 7, 2027 and May 7, 2028"

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.

expiration date financial

"expiration_date": "2031-05-06T00:00:00.000Z""

The expiration date is the deadline after which a financial contract, such as an option or a futures agreement, is no longer valid or can be exercised. It matters to investors because it determines the timeframe during which they can take action or benefit from the contract, similar to how a coupon or a food item has a limited period of usefulness. Once the expiration date passes, the contract loses its value or ability to be used.

Form 4 Insider Transactions: What Each Field Means →

05/11/2026 - 02:40 PM

SEC Form 4

FORM 4

UNITED 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^*

Showalter Christopher Michael

(Last)

(First)

(Middle)

2ND FLOOR, ST GEORGE'S COURT

UPPER CHURCH STREET,

(Street)

DOUGLAS

IM1 1EE

(City)

(State)

(Zip)

ISLE OF MAN

(Country)

2. Issuer Name and Ticker or Trading Symbol
Lifezone Metals Ltd [ LZM ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/07/2026

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

X	Form 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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Lifezone Metals Stock Options	$4.81	05/07/2026		A		236,072		⁽¹⁾	05/06/2031	Lifezone Metals Ordinary Share	0	$0	236,072	D

Explanation of Responses:

1. The Stock Options were granted on May 7, 2026, and vest in three equal instalments on November 3, 2026, May 7, 2027 and May 7, 2028.

Remarks:

	Chris Showalter	05/11/2026
	** 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 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)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Lifezone Metals (LZM) report for its CEO?

Lifezone Metals reported that CEO Christopher Michael Showalter received a grant of 236,072 stock options. The options are a compensation award, not an open-market trade, and give him the right to buy ordinary shares at a fixed $4.81 exercise price.

How many Lifezone Metals (LZM) stock options were granted to the CEO?

The CEO received 236,072 Lifezone Metals stock options in this Form 4 filing. These options increase his derivative-based exposure to the company and represent his total reported option holdings immediately after the grant, according to the disclosed post-transaction balance.

At what price can the CEO exercise his Lifezone Metals (LZM) options?

The granted stock options have an exercise price of $4.81 per Lifezone Metals ordinary share. This means the CEO can choose to buy shares at $4.81 once the options vest, regardless of the market price at that future time.

When do the CEO’s Lifezone Metals (LZM) stock options vest?

The stock options vest in three equal instalments on November 3, 2026, May 7, 2027 and May 7, 2028. Vesting means portions of the grant become exercisable over time, encouraging longer-term alignment between the CEO and shareholders.

Did the Lifezone Metals (LZM) CEO buy or sell shares in this Form 4?

The Form 4 shows a grant of stock options, not an open-market buy or sell. The transaction is coded as an acquisition award, with zero purchase price and no concurrent sale of Lifezone Metals ordinary shares reported in this filing.

What is the expiration date of the Lifezone Metals (LZM) CEO’s options?

The granted stock options expire on May 6, 2031 if not exercised. After that expiration date, any unexercised options become worthless, so the CEO must exercise vested options before then to acquire underlying ordinary shares.