Lifezone Metals CTO granted 129,448 stock options
Lifezone Metals Ltd reported that Chief Technology Officer Michael David Adams received a grant of stock options on May 7, 2026.
Rhea-AI Filing Summary
Lifezone Metals Ltd reported that Chief Technology Officer Michael David Adams received a grant of stock options on May 7, 2026. The award covers 129,448 Lifezone Metals Stock Options, each allowing the purchase of one Lifezone Metals ordinary share at an exercise price of $4.81 per share.
These options vest in three equal instalments on November 3, 2026, May 7, 2027, and May 7, 2028, and expire on May 6, 2031. After this grant, Adams directly holds 129,448 stock options as part of his compensation, and there were no open-market share purchases or sales reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 129,448 shares
Grant/Award
1 txn
Insider
Adams Michael David
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Lifezone Metals Stock Options | 129,448 | $0.00 | $0.00 |
Holdings After Transaction:
Lifezone Metals Stock Options — 129,448 contracts (Direct)
Footnotes (1)
- F1. 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.
Key Figures
Stock options granted: 129,448 options
Exercise price: $4.81 per share
Options outstanding after grant: 129,448 options
+4 more
7 metrics
Stock options granted
129,448 options
Grant to CTO on May 7, 2026
Exercise price
$4.81 per share
Price to buy Lifezone Metals ordinary shares
Options outstanding after grant
129,448 options
Total options held by CTO following transaction
Option expiration date
May 6, 2031
Final date to exercise granted options
Vesting date 1
November 3, 2026
First one-third of options vest
Vesting date 2
May 7, 2027
Second one-third of options vest
Vesting date 3
May 7, 2028
Final one-third of options vest
Key Terms
Stock Options, vest, exercise price, expiration date, +1 more
5 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.
vest financial
"and vest in three equal instalments on November 3, 2026, May 7, 2027 and May 7, 2028"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
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.
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.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transaction did Lifezone Metals (LZM) report for Michael David Adams?
Lifezone Metals reported a grant of 129,448 stock options to Chief Technology Officer Michael David Adams. These options are a compensation award, not an open-market trade, and give him the right to buy ordinary shares at a fixed exercise price.
How many stock options did the Lifezone Metals CTO receive in this Form 4?
The CTO received 129,448 Lifezone Metals stock options. Each option is linked to one ordinary share, forming a significant equity-based compensation grant that aligns part of his pay with the company’s future share performance and long-term value.
What is the exercise price of the Lifezone Metals (LZM) stock options granted?
The stock options were granted with an exercise price of $4.81 per share. This means the CTO can purchase Lifezone Metals ordinary shares at $4.81, regardless of future market price, once the options have vested and before they expire.
When do Michael David Adams’ Lifezone Metals stock options vest?
The options vest in three equal instalments on November 3, 2026, May 7, 2027, and May 7, 2028. This staged vesting schedule encourages continued service and ties the CTO’s potential reward to remaining with Lifezone Metals over several years.
When do the newly granted Lifezone Metals (LZM) stock options expire?
The granted stock options expire on May 6, 2031. After that date, any unexercised options become worthless, so the CTO must exercise vested options before expiration if he wants to convert them into Lifezone Metals ordinary shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
