HICKEY PAUL JOSEPH 4/A

4/A · RARE ELEMENT RESOURCES LTD · Filed Mar 13, 2026

AI-generated summary of this filing

Updated Mar 13, 2026

Rare Element (REEMF) Director Paul Hickey Receives Shares

What Happened

Paul Joseph Hickey, a director of Rare Element Resources Ltd. (REEMF), acquired 7,217 common shares in a rights offering on March 4, 2026.
The purchases were reported as two acquisitions at $0.24 per share: 6,940 shares directly (cost $1,666) and 277 shares indirectly through his spouse (cost $66), for a combined cost of about $1,732.
These were purchases (acquisitions), which are generally viewed by investors as a more informative signal than routine sales.

Key Details

Transaction date: March 4, 2026; reported in an original Form 4 filed March 6, 2026 and amended on March 13, 2026 to reflect final counts.
Price and amounts: 6,940 shares @ $0.24 ($1,666) direct; 277 shares @ $0.24 ($66) indirect. Total 7,217 shares ($1,732).
Shares owned after transaction: 31,940 shares directly and 1,277 shares indirectly through spouse (33,217 total).
Form type and code: Amended Form 4; transaction code "A" (award/grant/acquisition) — here, acquisition through a rights offering.
Footnote: The amendment corrects preliminary quantities previously reported (was 6,250 direct and 250 indirect).

Context

This was an acquisition via a company rights offering (not an option exercise or sale). The dollar amount is small relative to most insider trades, so while it is a purchase, it is modest in size.
The amendment clarifies final holdings; the original Form 4 reported preliminary numbers and was subsequently corrected.

Form 4/AAmended

Period: 2026-03-04

Director

Transactions

Award
Common Shares
[F1]
2026-03-04$0.24/sh+6,940$1,666→ 31,940 total
Award
Common Shares
[F1]
2026-03-04$0.24/sh+277$66→ 1,277 total(indirect: By Spouse)

Footnotes (1)

[F1]On March 6, 2026, the reporting person filed a Form 4 reporting the acquisition of common shares of Rare Element Resources Ltd. ("Rare Element") in connection with Rare Element's rights offering. As noted in the original Form 4, the number of shares reported therein was preliminary and subject to final determination. This amendment reflects the final number of shares acquired in the rights offering. The reporting person acquired 6,940 common shares directly (rather than the 6,250 previously reported) and 277 common shares indirectly through the reporting person's spouse (rather than the 250 previously reported). Accordingly, as of March 4, 2026, the reporting person owned 31,940 common shares of Rare Element directly and 1,277 common shares indirectly through the reporting person's spouse.

Signature

/s/ Wayne Rich as Attorney-in-Fact for Paul J. Hickey|2026-03-13

1 file