Greig Andrew Carlyle 4

What Happened
Director Greig Andrew Carlyle received two grants of restricted stock units (RSUs) from TMC the metals Co Inc. on 2026-05-29: 20,292 RSUs that vested immediately and 16,528 RSUs that vest on the date of the issuer’s 2027 annual meeting. The Form 4 reports an acquisition code A with a $0.00 per-share acquisition price (grants were issued in lieu of cash compensation).

Key Details

• Transaction date: 2026-05-29 (filed on 2026-06-02).
• Grants: 20,292 RSUs (vested immediately) and 16,528 RSUs (vest on 2027 annual meeting, subject to continued service).
• Reported acquisition price/value on form: $0.00 per share (awards issued in lieu of cash).
• Each RSU equals the right to one common share upon vesting (per footnotes).
• Shares owned after the transaction: not specified in the filing.
• Filing notes: grants made under the company’s 2021 Equity Incentive Plan and Director Compensation Policy.

Context
RSU awards to outside directors are a common part of director compensation and do not necessarily signal insider buying or selling intent. The immediate vesting portion is already convertible into common shares (and typically taxable as income when vested), while the 2027 tranche is a retention-style award that requires continued service to vest. The filing shows the mechanics of the grants but does not indicate any open-market purchases or sales.