SEC Form 4 · accession 0001193125-26-274413
INTERNATIONAL BATTERY METALS LTD. · IBATF
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
James Garrett Galloway
Officer — SVP of Corporate Development
Period of report
Jun 15, 2026
Accepted (ET)
Jun 17, 2026 · 5:30 pm EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001786318
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares, no par value | Jun 15, 2026 | M | 400,000 | $0.00 | A | 400,000 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Share UnitsF1,F2 | — | Jun 15, 2026 | M | 400,000 | D | — | — | Common Stock, no par value | 400,000 | 0 | D |
| Performance Based Restricted Share UnitF3,F4 | — | holding | — | — | — | — | — | Common Shares, no par value | 800,000 | 800,000 | D |
| Performance Based Restricted Share UnitF3,F5 | — | holding | — | — | — | — | — | Common Shares, no par value | 200,000 | 200,000 | D |
| Performance Based Restricted Share UnitF3,F6 | — | holding | — | — | — | — | — | Common Shares, no par value | 1,721,810 | 1,721,810 | D |
| Performance Based Restricted Share UnitF3,F7 | — | holding | — | — | — | — | — | Common Shares, no par value | 860,905 | 860,905 | D |
Explanation of responses
- F1The Restricted Share Units ("RSUs") each represent a contingent right to receive one common share of International Battery Metals Ltd. (the "Issuer").
- F2Represents Restricted Share Units ("RSUs") granted on June 2, 2025, under International Battery Metals Ltd.'s (the "Issuer") Amended and Restated Restricted Share Unit Plan (as amended, the "Plan"), which vests in full on June 15, 2026. Each RSU represents a contingent right to receive one Common Share.
- F3Each PBRSU represents a contingent right to receive one share of Common Stock.
- F4Represents Performance Based Restricted Share Units ("PBRSUs") granted on June 2, 2025, under the Plan, which shall vest upon completion of and deployment of two additional Direct Lithium Extraction Plants, subject to the terms of the associated Restricted Share Unit Agreement.
- F5Represents Performance Based Restricted Share Units granted on February 4, 2026, which will vest in full 60 days following the Issuer's successful listing on a major stock exchange.
- F6Represents Performance Based Restricted Share Units granted on February 4, 2026, of which, 50% shall vest upon the Issuer achieving an annualized EBITDA of $25 million and the remaining 50% shall vest upon the Issuer achieving an annualized EBITDA of $50 million.
- F7Represents Performance Based Restricted Share Units granted on February 4, 2026, of which, 50% shall vest upon the Issuer achieving a $750 million market capitalization over a 60 day volume weighted average trading price and the remaining 50% shall vest upon the Issuer achieving $1.5 billion market capitalization over a 60 day volume weighted average trading price.