SEC Form 4 · accession 0001104659-26-081044
TMC the metals Co Inc. · TMC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Allseas Group S.A.
10% Owner
Allseas Investments S.A.
10% Owner
Edward Heerema
10% Owner
Argentum Cedit Virtuti NV
10% Owner
Period of report
Jul 1, 2026
Accepted (ET)
Jul 7, 2026 · 9:46 am EDT
Rule 10b5-1 plan
box not checked
Issuer CIK
0001798562
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF2,F1 | Jul 1, 2026 | P$0 | 7,305,567 | — | A | 62,419,168 | D | |
| Common SharesF3 | holding | — | — | — | 1,000,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These securities are owned by Allseas Group S.A. ("Allseas"). Mr. Edward Heerema has sole authority over Allseas. Mr. Heerema, Allseas Investments S.A., ("Allseas Investments"), the majority parent of Allseas, Argentum Cedit Virtuti NV ("ACV"), the parent of Allseas Investments, and Stichting Administratiekantoor Aequa Lance Foundation, the parent of ACV, may be deemed to have beneficial ownership of the shares owned by Allseas. Each of Mr. Heerema, Allseas Investments, ACV and Stichting Administratiekantoor Aequa Lance Foundation disclaims beneficial ownership over any securities directly held by Allseas, except to the extent of his or its respective pecuniary interest therein.
- F2On July 1, 2026, Allseas acquired 7,305,567 common shares, pursuant to a Contract for Development Work and Commercial Production, by and between a wholly owned subsidiary of Allseas and TMC, dated May 11, 2026 and effective as of March 30, 2026, under which TMC is required to issue Allseas common shares of TMC in accordance with the commercial arrangement under the agreement. The common shares of TMC were issued at a price of $4.66 per common share.
- F3These securities are owned by ACV. Mr. Heerema may be deemed to have voting and investment power over the shares owned by ACV. Mr. Heerema disclaims beneficial ownership over any securities directly held by ACV, except to the extent of his pecuniary interest therein.