TMC (TMC) CFO awarded 453,515 RSUs in three-year vesting grant

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

TMC the metals Co Inc. reported that its Chief Financial Officer, Craig Shesky, received a grant of 453,515 Common Share RSUs on April 13, 2026 as compensation. The award carries a price of $0.00 per share, reflecting a share-based grant rather than a market purchase.

Each RSU converts into one common share upon vesting. The grant vests over three years in equal installments, with 1/3 vesting on March 20, 2027, 1/3 on March 20, 2028, and 1/3 on March 20, 2029, subject to his continued service. Following this grant, Shesky directly holds 1,879,356 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Shesky Craig

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	453,515	$0.00	--

Holdings After Transaction: Common Shares — 1,879,356 shares (Direct)

Footnotes (1)

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Key Figures

RSUs granted: 453,515 shares Grant price: $0.00 per share Shares held after grant: 1,879,356 shares +3 more

6 metrics

RSUs granted 453,515 shares Common Share RSU award on April 13, 2026

Grant price $0.00 per share RSU award pricing, compensation grant

Shares held after grant 1,879,356 shares Total direct holdings after RSU award

First vesting tranche 1/3 of 453,515 RSUs Vests on March 20, 2027, subject to continued service

Second vesting tranche 1/3 of 453,515 RSUs Vests on March 20, 2028, subject to continued service

Third vesting tranche 1/3 of 453,515 RSUs Vests on March 20, 2029, subject to continued service

Key Terms

RSUs, long-term incentive plan, vesting

3 terms

RSUs financial

"Consists of RSUs. Each RSU represents the right to receive one Share upon vesting."

RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.

long-term incentive plan financial

"The RSUs were granted on April 13, 2026 as part of the Issuer's long-term incentive plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

vesting financial

"and vest, subject to continued service through the respective vesting date, over a three year period"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Form 4 Insider Transactions: What Each Field Means →

04/15/2026 - 05:32 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shesky Craig

(Last)

(First)

(Middle)

C/O TMC THE METALS COMPANY INC.,

1111 WEST HASTINGS STREET, 15TH FLOOR

(Street)

VANCOUVER

V6E 2J3

(City)

(State)

(Zip)

BRITISH COLUMBIA, CANADA

(Country)

2. Issuer Name and Ticker or Trading Symbol
TMC the metals Co Inc. [ TMC ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/13/2026

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Shares	04/13/2026		A		453,515⁽¹⁾	A	$0.00	1,879,356	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Consists of RSUs. Each RSU represents the right to receive one Share upon vesting. The RSUs were granted on April 13, 2026 as part of the Issuer's long-term incentive plan and vest, subject to continued service through the respective vesting date, over a three year period as follows: 1/3 on March 20, 2027, 1/3 on March 20, 2028 and 1/3 on March 20, 2029.

	/s/ Michelle Ancosky, Attorney-In-Fact	04/15/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did TMC (TMC) disclose about CFO Craig Shesky’s latest equity grant?

TMC disclosed that CFO Craig Shesky received a grant of 453,515 restricted stock units (RSUs). Each RSU represents one common share, awarded at $0.00 per share as part of his compensation under the company’s long-term incentive plan.

How do the new RSUs granted to TMC CFO Craig Shesky vest over time?

The 453,515 RSUs granted to TMC CFO Craig Shesky vest in three equal installments. One-third vests on March 20, 2027, another third on March 20, 2028, and the final third on March 20, 2029, subject to his continued service.

Is Craig Shesky’s recent TMC RSU grant an open-market stock purchase?

No, Craig Shesky’s recent TMC award is not an open-market purchase. The filing shows a grant of 453,515 RSUs at $0.00 per share, issued as compensation under the company’s long-term incentive plan rather than bought on the market.

How many TMC shares does CFO Craig Shesky hold after this RSU grant?

After this RSU grant, CFO Craig Shesky holds 1,879,356 TMC common shares directly. This total reflects his position following the award of 453,515 RSUs, which each convert into one share upon satisfying the vesting conditions.

What conditions apply to vesting of the new TMC RSUs granted to the CFO?

The RSUs granted to TMC’s CFO vest only if he continues service through each vesting date. One-third vests on March 20, 2027, another third on March 20, 2028, and the final third on March 20, 2029, tying the award to ongoing employment.