Nova Minerals (NVA) CEO details options and performance rights stake

Rhea-AI Filing Summary

Nova Minerals Ltd CEO Christopher Gerteisen reports his current equity stake in the company, focusing on options, performance rights, and ordinary shares. He holds 1,700,281 ordinary shares directly and 200,000 ordinary shares indirectly through AJ Holdings International Limited.

Gersteisen also has stock options over 4,125,000 underlying ordinary shares with an exercise price of $0.4500 per share, expiring on December 23, 2028. Some options are already fully vested and exercisable, while others vest upon achieving operational and sales milestones by the end of 2026, subject to continued employment.

In addition, AJ Holdings International Limited holds performance rights over 600,000 underlying ordinary shares at a zero exercise price, expiring on November 25, 2026. These performance rights convert into ordinary shares only if specified operational and financial milestones are met; none of these milestones had been attained as of the report date.

SEC Form 3

FORM 3

UNITED 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

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1. Name and Address of Reporting Person^*

Gerteisen Christopher

(Last) (First) (Middle)

C/O NOVA MINERALS LIMITED

SUITE 5, 242 HAWTHORN ROAD

(Street)

CAULFIELD, VICTORIA C3 3161

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Nova Minerals Ltd [ NVA ]

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

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

5. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form 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)
Ordinary Shares, no par value	200,000	I	By AJ Holdings International Limited
Ordinary Shares, no par value	1,700,281	D

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 Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Stock Option (right to buy)	(1)	12/23/2028	Ordinary Shares	1,125,000	$0.45	D
Class B Stock Option (right to buy)	(1)	12/23/2028	Ordinary Shares	1,000,000	$0.45	D
Class C Stock Option (right to buy)	(2)	12/23/2028	Ordinary Shares	1,000,000	$0.45	D
Class D Stock Option (right to buy)	(3)	12/23/2028	Ordinary Shares	1,000,000	$0.45	D
Class A Performance Right(4)	(4)	11/25/2026	Ordinary Shares	200,000	(4)	I	By AJ Holdings International Limited
Class B Performance Right(4)	(4)	11/25/2026	Ordinary Shares	200,000	(4)	I	By AJ Holdings International Limited
Class C Performance Right(4)	(4)	11/25/2026	Ordinary Shares	200,000	(4)	I	By AJ Holdings International Limited

Explanation of Responses:

1. The shares subject to the option are fully vested and currently exercisable.

2. Shares subject to the option will vest upon the completion of certain operational milestones by the end of 2026, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

3. Shares subject to the option will vest upon achieving certain sales milestones, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

4. Each performance right represents the right to receive a fully paid ordinary share subject to certain operational and financial milestones prior to the expiration date. The performance rights convert into ordinary shares as soon as the milestone is met. None of the milestones have been attained as of the date of this report. The reporting person has voting and investment control of this entity due to his 100% ownership of and role as sole director of the entity.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Ian Pamensky, by Power of Attorney	03/17/2026
	** 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 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.

FAQ

What does Nova Minerals (NVA) CEO Christopher Gerteisen currently hold in ordinary shares?

Christopher Gerteisen holds 1,700,281 ordinary shares directly and 200,000 ordinary shares indirectly through AJ Holdings International Limited. This mix of direct and indirect holdings reflects his existing equity ownership, separate from options and performance rights that may convert into additional shares in the future.

What stock options does the Nova Minerals (NVA) CEO hold and at what exercise price?

Gerteisen holds stock options over 4,125,000 underlying ordinary shares, all with an exercise price of $0.4500 per share and expiration on December 23, 2028. Some options are fully vested and exercisable, while others depend on operational or sales milestones and continued employment.

How do Nova Minerals (NVA) performance rights held by AJ Holdings work for the CEO?

AJ Holdings International Limited holds performance rights over 600,000 underlying ordinary shares at a zero exercise price, expiring on November 25, 2026. Each right converts into a fully paid ordinary share only when specified operational and financial milestones are met, and none had been achieved at the report date.

Are Nova Minerals (NVA) CEO’s option and performance awards already vested?

Some options held by Gerteisen are already fully vested and currently exercisable. Other options and all performance rights vest only upon achieving stated operational, sales, or financial milestones by the end of 2026, with continued employment required through each relevant vesting date.

Does the Nova Minerals (NVA) CEO control the shares and rights held through AJ Holdings?

Yes. Gerteisen has voting and investment control over securities held through AJ Holdings International Limited because he owns 100% of the entity and serves as its sole director. This gives him effective control over both the indirect ordinary shares and the associated performance rights.