MCMANUS MICHAEL A JR 4

What Happened

• Michael A. McManus Jr., a director of United States Antimony Corp. (UAMY), was granted time‑based equity awards on January 15, 2026. He received 6,635 restricted stock units (RSUs) that vested immediately and a 12,259‑share stock option award (derivative) that vests over time.
• The 6,635 RSUs were recorded at $0.00 on the Form 4 (typical for RSU grants — they convert to common shares when vested). The stock option award is listed as a derivative grant (price/exercise price not disclosed on the filing).

Key Details

• Transaction date: January 15, 2026 (Form 4 filed January 23, 2026 — filing appears late relative to the 2‑business‑day standard).
• RSU grant: total RSU award = 19,903 shares; one‑third (6,635) vested on Jan 15, 2026 and were reported as acquired.
• Stock option award: 12,259 shares total; vests one‑third (4,087) on Jan 15, 2027, with additional one‑third vesting on Jan 18, 2028 and Jan 16, 2029, subject to continued service.
• Plan: Awards granted under the Issuer’s Amended & Restated 2023 Equity Incentive Plan.
• Shares owned after transaction: not disclosed in the provided filing excerpt.
• Filing timeliness: Form 4 was filed 8 days after the transaction date (appears late), which can reduce the immediacy of the disclosure for investors.

Context

• These are time‑based grants (RSUs and options) that compensate and retain insiders; they are not open‑market purchases or sales and do not by themselves indicate a personal buying or selling decision.
• For the options, vesting is phased over multiple years; the filing does not show an exercise price or any immediate sale of shares, so no cashless exercise or monetization is indicated.