Piedmont Lithium Inc SEC Filings

Piedmont Lithium Inc. filed a Current Report on Form 8-K reporting a material event dated August 29, 2025. The filing references an existing Agreement and Plan of Merger dated November 18, 2024 and its Amendment No. 1 dated April 22, 2025, both incorporated by reference. The 8-K also includes a Second Amended and Restated Certificate of Incorporation and Second Amended and Restated Bylaws, each dated August 29, 2025, and it attaches a press release dated August 29, 2025. The document lists these exhibits but does not disclose transaction economics, shareholder approvals, closing conditions, or any financial terms within the provided text.

Bruce Czachor, EVP, CLO & Secretary of Piedmont Lithium Inc. (PLL), reported multiple transactions on 08/29/2025. He acquired 33,410 shares of Piedmont common stock and reported beneficial ownership of 63,476 shares following the acquisition, then disposed of 63,476 shares as part of the same reporting sequence. Several Piedmont stock options were reported as disposed: options with exercise prices $16, $67.50, $55, $55 and $65 covering 41,263; 7,259; 9,069; 15,871; and 2,157 underlying shares, respectively, with various exercisable and expiration dates through 2034. The disclosure explains all transactions were affected by the Merger Agreement among Piedmont, Sayona and Shock MergeCo, effective at the merger, which converted Piedmont equity and awards into Sayona ordinary shares using a 527-for-1 exchange ratio and caused certain performance stock units to be deemed satisfied.

Michael A. Bless, a director of Piedmont Lithium Inc. (PLL), reported a transaction dated 08/29/2025 in which he disposed of 11,065 shares of Piedmont common stock and, following the reported transaction, beneficially owns 0 shares. The filing states the disposition is tied to the Merger Agreement among Piedmont, Sayona Mining Limited and Shock MergeCo Inc., under which each Piedmont share was converted into the right to receive 527 ordinary shares of Sayona. The Form 4 is signed by Mr. Bless on 08/29/2025 and indicates he filed as a reporting person who is a director. No derivative transactions or prices are reported on the form.

Jorge Beristain, a director of Piedmont Lithium Inc. (PLL), reported a disposal of 42,421 shares of Piedmont common stock on 08/29/2025. The Form 4 shows that following the reported transaction the reporting person beneficially owns 0 shares of Piedmont common stock. The filing explains this action occurred in connection with the November 18, 2024 merger agreement under which each Piedmont share was converted into the right to receive 527 ordinary shares of Sayona Mining Limited, reflecting a corporate reorganization rather than an isolated open-market sale.

Claude Demby, a director of Piedmont Lithium Inc. (PLL), reported a disposal of 11,179 shares of Piedmont common stock on 08/29/2025, leaving him with 0 shares following the transaction. The Form 4 identifies the transaction code as a disposal and lists the reporting person as a director based at Piedmont Lithium Inc.'s Belmont, NC address.

The filing explains this transaction in the context of the Agreement and Plan of Merger dated November 18, 2024, under which each share of Piedmont common stock was converted into the right to receive 527 ordinary shares of Sayona Mining Limited at the effective time of the merger. The Form 4 is signed by Claude Demby and provides no exercise or derivative information.

Piedmont Lithium Inc. insider filing shows a post-merger conversion and resulting disposition. Director Dawne S. Hickton reported a disposition of 7,724 shares of Piedmont common stock on 08/29/2025, leaving her with 0 shares reported beneficially owned after the transaction. The filing explains this resulted from the previously disclosed Agreement and Plan of Merger dated November 18, 2024, under which each Piedmont common share was converted into the right to receive 527 ordinary shares of Sayona Mining Limited at the effective time of the merger. The Form 4 is a single-person filing and is signed by the reporting person.

Insider sale and merger conversion: Jeffrey T. Armstrong, a director of Piedmont Lithium Inc. (PLL), reported a disposition of 50,824 shares of Piedmont common stock on 08/29/2025, after which he reports owning 0 shares. The filing states that Piedmont merged with Merger Sub under a Merger Agreement that converted each share of Piedmont common stock into the right to receive 527 ordinary shares of Sayona Mining Limited.

This Form 4 shows a director-level sale tied to the post-merger ownership structure rather than continued direct Piedmont common stock ownership. The filing does not disclose sale price per share or any derivative holdings.

Keith D. Phillips, President and CEO and a director of Piedmont Lithium Inc. (PLL), reported transactions dated 08/29/2025 on a Form 4. The filing shows an acquisition of 137,560 shares of Piedmont common stock and a disposition of 301,569 shares, after which the reported beneficial ownership figures reflect the conversion events tied to a merger. Multiple Piedmont stock options were disposed of in connection with the Merger, converting into options and restricted units of Sayona Mining Limited pursuant to the Merger Agreement. Footnotes state performance stock units were deemed satisfied at the Merger and each Piedmont security was converted into rights to 527 Sayona ordinary shares or units. The form is signed by Mr. Phillips on 08/29/2025.

Insider transactions by Michael D. White, EVP and CFO of Piedmont Lithium Inc. (PLL) show activity tied to the Merger with Sayona Mining Limited. The filing reports on 08/29/2025 that 33,410 Piedmont performance shares were treated as acquired and 63,066 common shares were disposed. The explanatory notes state that under the Merger Agreement each Piedmont share and restricted stock unit converted into 527 Sayona ordinary shares, and each Piedmont option converted into an option to purchase 527 Sayona shares. Several existing Piedmont stock options are shown as disposed on the same date, with zero Piedmont derivative securities remaining following the transactions.