Lifezone Metals CFO converts 33K RSUs to shares
Lifezone Metals’ CFO converted 33,000 RSUs into ordinary shares, with 16,435 shares withheld or delivered to cover exercise price or tax obligations.
Rhea-AI Filing Summary
Lifezone Metals Ltd (LZM) reported that Chief Financial Officer Ingo Hofmaier converted 33,000 Restricted Stock Units (RSUs) into 33,000 ordinary shares on September 7, 2026, as part of an RSU vesting schedule. Of the shares received, 16,435 ordinary shares were delivered or withheld to cover the exercise price or tax liability at a weighted average price of $4.04 per share in multiple trades between $3.81 and $4.35 from September 7 to September 10, 2026. Each RSU represents a right to receive one ordinary share, and the RSU grant vests in three equal installments on April 7, 2026, September 7, 2026 and April 7, 2027. No Rule 10b5-1 trading plan is reported for these transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
33,000 shares exercised/converted
Exercise
3 txns
Insider
Hofmaier Ingo
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Conversion | Lifezone Metals Restricted Stock Units F3, F4 | 33,000 | $0.0001 | $3.30 |
| Conversion | Lifezone Metals Ordinary Share | 33,000 | $0.0001 | $3.30 |
| Exercise Price or Tax Liability | Lifezone Metals Ordinary Share F1, F2 | 16,435 | $4.04 | $66K |
Holdings After Transaction:
Lifezone Metals Restricted Stock Units — 33,000 contracts (Direct);
Lifezone Metals Ordinary Share — 61,450 shares (Direct)
Footnotes (4)
- F1. Transaction date includes trading dates starting from September 7, 2026 and ending on September 10, 2026
- F2. The reported price is a weighted average price. These shares were sold in multiple transactions at prices ranging from $3.81 to $4.35, inclusive. The reporting person undertakes to provide the staff of the Securities and Exchange Commission (the "SEC"), upon request, full information regarding the number of shares sold at each price within the range set forth in this footnote.
- F3. Each Restricted Stock Unit represents a contingent right to receive one ordinary share of Lifezone Metals Limited.
- F4. RSUs vest equally in three installments on April 7, 2026, September 7, 2026 and April 7, 2027.
Key Figures
RSUs converted: 33,000 units
Ordinary shares acquired from RSU conversion: 33,000 shares
Shares delivered or withheld for exercise price or tax liability: 16,435 shares
+3 more
6 metrics
RSUs converted
33,000 units
Restricted Stock Units converted into ordinary shares on September 7, 2026
Ordinary shares acquired from RSU conversion
33,000 shares
Shares received upon conversion of 33,000 RSUs on September 7, 2026
Shares delivered or withheld for exercise price or tax liability
16,435 shares
Code F transaction covering exercise price or tax liability between September 7 and 10, 2026
Weighted average price
$4.04 per share
Price for 16,435 shares delivered or withheld, in multiple trades from $3.81 to $4.35
Trade price range
$3.81–$4.35 per share
Range of prices for shares delivered or withheld for exercise price or tax liability
RSU vesting dates
April 7, 2026; September 7, 2026; April 7, 2027
Equal installments for the RSU vesting schedule
Key Terms
Restricted Stock Unit, weighted average price, tax liability, exercise price
4 terms
Restricted Stock Unit financial
"Each Restricted Stock Unit represents a contingent right to receive one ordinary share"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
weighted average price financial
"The reported price is a weighted average price. These shares were sold in multiple"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
tax liability financial
"Payment of exercise price or tax liability by delivering or withholding securities"
exercise price financial
"Payment of exercise price or tax liability by delivering or withholding securities"
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.
What insider equity transaction did LZM’s CFO report on this Form 4?
Lifezone Metals’ CFO Ingo Hofmaier reported converting 33,000 RSUs into 33,000 ordinary shares on September 7, 2026, followed by the delivery or withholding of 16,435 ordinary shares to cover the exercise price or tax liability associated with that RSU conversion.
How many Lifezone Metals (LZM) RSUs were involved and what do they convert into?
The filing shows 33,000 Lifezone Metals Restricted Stock Units converted. Each RSU represents a contingent right to receive one ordinary share of Lifezone Metals, resulting in the acquisition of 33,000 ordinary shares upon conversion on September 7, 2026.
What is the vesting schedule for the CFO’s Lifezone Metals (LZM) RSUs?
According to the filing, the RSUs vest in three equal installments on April 7, 2026, September 7, 2026 and April 7, 2027. Each vested RSU entitles the holder to receive one ordinary share of Lifezone Metals Limited upon settlement.
Were the LZM insider transactions made under a Rule 10b5-1 trading plan?
No. The document-level Rule 10b5-1 checkbox is marked as false, and the footnotes do not state that the transactions were made pursuant to any Rule 10b5-1 trading plan or pre-arranged trading arrangement.
AI-generated analysis. How Rhea-AI works. Not financial advice.
