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[SCHEDULE 13D/A] Solaris Resources Inc. SEC Filing

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SCHEDULE 13D/A

Amendment No. 1 to a Schedule 13D reports that Daniel Earle, President and CEO, exercised options and completed a related sale in early October 2025. On 10/02/2025 he executed a cashless exercise that produced 417,441 Common Shares at a deemed price of C$4.90 (US$3.51), and on 10/03/2025 sold those 417,441 shares at C$8.90 (US$6.38). After accounting for direct holdings, indirect holdings through 2210637 Ontario Ltd., and outstanding options, Mr. Earle may be deemed to beneficially own 8,014,375 Common Shares, equal to approximately 4.8% on a partially diluted basis using 166,202,804 shares outstanding plus the 900,000 options. The filing states he ceased to hold more than five percent of the company's Common Shares on 10/03/2025.

Emendamento n. 1 al Schedule 13D riporta che Daniel Earle, presidente e CEO, ha esercitato opzioni e completato una vendita correlata all'inizio di ottobre 2025. Il 10/02/2025 ha eseguito un esercizio cashless che ha generato 417,441 azioni ordinarie a un prezzo considerato di C$4,90 (US$3,51), e il 10/03/2025 ha venduto quelle 417,441 azioni a C$8,90 (US$6,38). Dopo aver considerato le partecipazioni dirette, le partecipazioni indirette attraverso 2210637 Ontario Ltd., e le opzioni in circolazione, il signor Earle potrebbe essere ritenuto proprietario di 8.014.375 azioni ordinarie, pari a circa 4,8% su base parzialmente diluita utilizzando 166.202.804 azioni in circolazione più le 900.000 opzioni. La filing indica che ha cessato di detenere più del cinque per cento delle azioni ordinarie della società il 10/03/2025.

Enmienda n.º 1 al Schedule 13D informa que Daniel Earle, presidente y director ejecutivo, ejerció opciones y completó una venta relacionada a principios de octubre de 2025. El 02/10/2025 realizó un ejercicio sin cash que produjo 417,441 acciones ordinarias a un precio considerado de C$4,90 (US$3,51), y el 03/10/2025 vendió esas 417,441 acciones a C$8,90 (US$6,38). Después de considerar participaciones directas, participaciones indirectas a través de 2210637 Ontario Ltd. y las opciones vigentes, el señor Earle podría considerarse que posee 8.014.375 acciones ordinarias, equivalentes a aproximadamente 4,8% sobre una base parcialmente diluida utilizando 166.202.804 acciones en circulación más las 900.000 opciones. La presentación indica que dejó de poseer más del cinco por ciento de las acciones ordinarias de la empresa el 03/10/2025.

일정 13D에 대한 수정 제1호Daniel Earle 현 회장 겸 CEO가 2025년 10월 초에 옵션을 행사하고 관련 매도를 완료했다고 보고합니다. 2025-10-02에 현금 없는 행사를 통해 417,441 주의 일반주가 C$4.90 (US$3.51)의 평가가로 발생했고, 2025-10-03에 이들 417,441 주를 C$8.90 (US$6.38)에 매도했습니다. 직접 보유 지분, 2210637 Ontario Ltd.를 통한 간접 보유 지분, 그리고 남아 있는 옵션을 고려하면, Earle 씨는 8,014,375 주의 일반주를 실질적으로 소유하는 것으로 간주될 수 있으며, 부분적으로 희석된 기준으로 약 4.8%에 해당하며 166,202,804 주의 발행 주식수에 900,000개의 옵션을 더한 수치에 해당합니다. 제출서는 그가 2025-10-03에 회사의 일반주를 5%를 넘지 않게 보유했다고 명시하고 있습니다.

Modification n° 1 du Schedule 13D indique que Daniel Earle, président et PDG, a exercé des options et a effectué une vente associée au début octobre 2025. Le 02/10/2025, il a procédé à un exercice en cashless qui a produit 417 441 actions ordinaires à un prix considéré de C$4,90 (US$3,51), et le 03/10/2025 il a vendu ces 417 441 actions à C$8,90 (US$6,38). Après prise en compte des participations directes, des participations indirectes via 2210637 Ontario Ltd., et des options en circulation, M. Earle peut être réputé détenir 8 014 375 actions ordinaires, soit environ 4,8% sur une base partiellement diluée en utilisant 166 202 804 actions en circulation plus les 900 000 options. Le dossier indique qu'il a cessé de détenir plus de cinq pour cent des actions ordinaires de la société le 03/10/2025.

Änderung Nr. 1 zum Schedule 13D meldet, dass Daniel Earle, Präsident und CEO, im frühen Oktober 2025 Optionen ausgeübt und einen dazugehörigen Verkauf abgeschlossen hat. Am 02.10.2025 führte er eine cashless Übung durch, die 417.441 Stammaktien zu einem angenommenen Preis von C$4,90 (US$3,51) ergab, und am 03.10.2025 verkaufte er diese 417.441 Aktien zu C$8,90 (US$6,38). Nachdem direkte Beteiligungen, indirekte Beteiligungen durch 2210637 Ontario Ltd. und ausstehende Optionen berücksichtigt wurden, könnte Herr Earle als wirtschaftlich Eigentümer von 8.014.375 Stammaktien gelten, ca. 4,8% auf einer teilweise verwässerten Basis mit 166.202.804 ausstehenden Aktien zuzüglich der 900.000 Optionen. Die Einreichung besagt, dass er am 03.10.2025 nicht mehr mehr als fünf Prozent der Stammaktien des Unternehmens hielt.

التعديل رقم 1 على الجدول 13D يُفيد بأن دانيال إيرل، الرئيس التنفيذي ورئيس الشركة، قد مارس خياراته وأكمل بيعًا ذا صلة في أوائل أكتوبر 2025. في 02/10/2025 نفّذ تمارين نقدية بلا نقود أسفر عن 417,441 من الأسهم العادية بسعر مُقدر C$4.90 (US$3.51)، وفي 03/10/2025 باع تلك 417,441 سهماً بسعر C$8.90 (US$6.38). بعد احتساب الحصص المباشرة، والحصص غير المباشرة من خلال 2210637 Ontario Ltd., ووجود الخيارات القائمة، قد يُعد السيد إيرل مالكاً فعلياً لـ 8,014,375 سهماً عادياً، وهو ما يعادل نحو 4.8% على أساس مخفف جزئياً باستخدام 166,202,804 سهم قائم بالإضافة إلى 900,000 خيار. تنص العريضة على أنه توقف عن امتلاك أكثر من خمسة في المئة من أسهم الشركة العادية في 03/10/2025.

Schedule 13D 第1号 amendments 报告称,Daniel Earle,总裁兼首席执行官,在2025年10月初行使期权并完成相关出售。于 2025/10/02 进行现金无现金的行权,产生 417,441 份普通股,按被视为的价格 C$4.90 (US$3.51),并在 2025/10/03C$8.90 (US$6.38) 出售这批 417,441 份股票。在考虑直接持股、通过 2210637 Ontario Ltd. 的间接持股以及未行使的期权之后,Earle 先生可能被视为实际持有 8,014,375 份普通股,约占 4.8%,以部分摊薄的基准,使用已发行的 166,202,804 份股票加上 900,000 份期权。申报中指出,他在 2025/10/03 已停止持有公司普通股超过五个百分点。

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Insights

Insider exercised options and sold the resulting shares within one day.

The exercise of 417,441 options on 10/02/2025 followed by a sale of the same number of shares on 10/03/2025 indicates a routine cashless exercise-to-sale sequence tied to compensation as President and CEO. The filing clarifies the composition of holdings: 6,141,875 shares directly held, 972,500 indirectly held, plus 900,000 options included in the reported beneficial ownership.

Dependencies and risks are straightforward: the action changed filing status relative to the five percent threshold and updated partially diluted ownership using 166,202,804 outstanding shares. Monitor near-term option exercise windows and any further open-market transactions within the next 60 days where 350,000 options are exercisable.

The amendment updates prior Schedule 13D with a material insider transaction and revised beneficial ownership.

The disclosure lists the source of funds as PF and OO and documents a cashless option exercise and immediate sale, with specific exchange rates used to convert C$ to US$. The filing restates that the Original Schedule 13D from 11/14/2024 is supplemented only by these items, limiting the scope of the amendment.

Compliance implications are limited: the form reports the exercise price, sale price, and that the reporting person fell below the 5% threshold on 10/03/2025. Continue to watch subsequent amendments if additional option exercises or share purchases occur within statutory reporting windows.

Emendamento n. 1 al Schedule 13D riporta che Daniel Earle, presidente e CEO, ha esercitato opzioni e completato una vendita correlata all'inizio di ottobre 2025. Il 10/02/2025 ha eseguito un esercizio cashless che ha generato 417,441 azioni ordinarie a un prezzo considerato di C$4,90 (US$3,51), e il 10/03/2025 ha venduto quelle 417,441 azioni a C$8,90 (US$6,38). Dopo aver considerato le partecipazioni dirette, le partecipazioni indirette attraverso 2210637 Ontario Ltd., e le opzioni in circolazione, il signor Earle potrebbe essere ritenuto proprietario di 8.014.375 azioni ordinarie, pari a circa 4,8% su base parzialmente diluita utilizzando 166.202.804 azioni in circolazione più le 900.000 opzioni. La filing indica che ha cessato di detenere più del cinque per cento delle azioni ordinarie della società il 10/03/2025.

Enmienda n.º 1 al Schedule 13D informa que Daniel Earle, presidente y director ejecutivo, ejerció opciones y completó una venta relacionada a principios de octubre de 2025. El 02/10/2025 realizó un ejercicio sin cash que produjo 417,441 acciones ordinarias a un precio considerado de C$4,90 (US$3,51), y el 03/10/2025 vendió esas 417,441 acciones a C$8,90 (US$6,38). Después de considerar participaciones directas, participaciones indirectas a través de 2210637 Ontario Ltd. y las opciones vigentes, el señor Earle podría considerarse que posee 8.014.375 acciones ordinarias, equivalentes a aproximadamente 4,8% sobre una base parcialmente diluida utilizando 166.202.804 acciones en circulación más las 900.000 opciones. La presentación indica que dejó de poseer más del cinco por ciento de las acciones ordinarias de la empresa el 03/10/2025.

일정 13D에 대한 수정 제1호Daniel Earle 현 회장 겸 CEO가 2025년 10월 초에 옵션을 행사하고 관련 매도를 완료했다고 보고합니다. 2025-10-02에 현금 없는 행사를 통해 417,441 주의 일반주가 C$4.90 (US$3.51)의 평가가로 발생했고, 2025-10-03에 이들 417,441 주를 C$8.90 (US$6.38)에 매도했습니다. 직접 보유 지분, 2210637 Ontario Ltd.를 통한 간접 보유 지분, 그리고 남아 있는 옵션을 고려하면, Earle 씨는 8,014,375 주의 일반주를 실질적으로 소유하는 것으로 간주될 수 있으며, 부분적으로 희석된 기준으로 약 4.8%에 해당하며 166,202,804 주의 발행 주식수에 900,000개의 옵션을 더한 수치에 해당합니다. 제출서는 그가 2025-10-03에 회사의 일반주를 5%를 넘지 않게 보유했다고 명시하고 있습니다.

Modification n° 1 du Schedule 13D indique que Daniel Earle, président et PDG, a exercé des options et a effectué une vente associée au début octobre 2025. Le 02/10/2025, il a procédé à un exercice en cashless qui a produit 417 441 actions ordinaires à un prix considéré de C$4,90 (US$3,51), et le 03/10/2025 il a vendu ces 417 441 actions à C$8,90 (US$6,38). Après prise en compte des participations directes, des participations indirectes via 2210637 Ontario Ltd., et des options en circulation, M. Earle peut être réputé détenir 8 014 375 actions ordinaires, soit environ 4,8% sur une base partiellement diluée en utilisant 166 202 804 actions en circulation plus les 900 000 options. Le dossier indique qu'il a cessé de détenir plus de cinq pour cent des actions ordinaires de la société le 03/10/2025.

Änderung Nr. 1 zum Schedule 13D meldet, dass Daniel Earle, Präsident und CEO, im frühen Oktober 2025 Optionen ausgeübt und einen dazugehörigen Verkauf abgeschlossen hat. Am 02.10.2025 führte er eine cashless Übung durch, die 417.441 Stammaktien zu einem angenommenen Preis von C$4,90 (US$3,51) ergab, und am 03.10.2025 verkaufte er diese 417.441 Aktien zu C$8,90 (US$6,38). Nachdem direkte Beteiligungen, indirekte Beteiligungen durch 2210637 Ontario Ltd. und ausstehende Optionen berücksichtigt wurden, könnte Herr Earle als wirtschaftlich Eigentümer von 8.014.375 Stammaktien gelten, ca. 4,8% auf einer teilweise verwässerten Basis mit 166.202.804 ausstehenden Aktien zuzüglich der 900.000 Optionen. Die Einreichung besagt, dass er am 03.10.2025 nicht mehr mehr als fünf Prozent der Stammaktien des Unternehmens hielt.






If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).






SCHEDULE 13D




Comment for Type of Reporting Person:
Amounts reported in Items 7, 9, and 11 represent 6,141,875 common shares held directly; 972,500 common shares held indirectly through 2210637 Ontario Ltd., of which the Reporting Person is sole beneficial owner and officer; and 900,000 options. The percentages used herein are calculated on a partially diluted basis based upon 166,202,804 outstanding shares of Solaris Resources Inc., as of October 3, 2025, plus 900,000 options to purchase common shares held by Daniel Earle, and included pursuant to Rule 13d-3(d)(1)(i) of the Act.


SCHEDULE 13D


EARLE DANIEL
Signature:/s/ Daniel Earle
Name/Title:Daniel Earle
Date:10/06/2025
Solaris Res

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