Barron Gerard 4

What Happened Barron Gerard, Chairman, CEO and a director of TMC the metals Co Inc. (TMC), was granted 816,327 restricted stock units (RSUs) on April 13, 2026. The Form 4 reports the acquisition at $0.00 (award/compensation), so no cash changed hands. This is a compensation award under the issuer’s long-term incentive plan, not an open-market purchase or sale.

Key Details

• Transaction date: April 13, 2026; Form 4 filed April 15, 2026 (appears timely).
• Transaction type/code: A — Award/Grant of 816,327 RSUs at $0.00.
• Reported cash value on filing: $0 (RSUs represent future shares upon vesting).
• Shares owned following transaction: Not specified in this Form 4.
• Footnote: RSUs vest subject to continued service — 1/3 on Mar 20, 2027; 1/3 on Mar 20, 2028; 1/3 on Mar 20, 2029 (per footnote F1).

Context RSUs are a form of compensation that convert to actual shares only when they vest; this grant does not represent an immediate market purchase or sale. Such awards are common for executive pay and do not by themselves indicate a buying or selling signal. The vesting schedule means the economic interest is realized over the next three years, assuming continued service.