Madsbjerg Christian 4
4 · TMC the metals Co Inc. · Filed Jun 2, 2026
Research Summary
AI-generated summary of this filing
TMC Director Madsbjerg Christian Receives RSU Awards
What Happened
Madsbjerg Christian, a director of TMC the metals Co Inc. (TMC), was granted two awards of restricted stock units (RSUs) on 2026-05-29 totaling 35,603 RSUs (19,075 and 16,528). The awards were reported at $0.00 per share (compensation RSUs), so reported acquisition value is $0. Under the filings, the 19,075 RSUs vested immediately and convert to common shares on vesting; the 16,528 RSUs vest on the date of TMC's 2027 annual meeting, subject to continued service.
Key Details
- Transaction date: 2026-05-29; Form 4 filed: 2026-06-02. The filing does not indicate a late-report flag.
- Transaction type: A (Award/Grant of RSUs). Price per share reported: $0.00; total reported cash value: $0.
- Shares involved: 19,075 RSUs vested immediately (issued/acquired), 16,528 RSUs subject to future vesting. Total = 35,603 RSUs.
- Shares owned after transaction: not specified in the information provided.
- Footnotes: F1 — 19,075 RSUs were granted in lieu of cash under the Nonemployee Director Compensation Policy and vested immediately; F2 — 16,528 RSUs were granted under the same policy and vest at the 2027 annual meeting, subject to continued service.
Context
- These were compensation awards (not open-market purchases or sales). Awards are common for non-employee directors as part of routine compensation and don’t by themselves indicate a buy/sell view.
- RSUs convert to actual shares only upon vesting; only the 19,075 RSUs are currently vested/claimable as shares per the filing.
Insider Transaction Report
Form 4
Madsbjerg Christian
Director
Transactions
- Award
Common Shares
[F1]2026-05-29+19,075→ 393,875 total - Award
Common Shares
[F2]2026-05-29+16,528→ 410,403 total
Footnotes (2)
- [F1]In lieu of cash compensation under the Issuer's Nonemployee Director Compensation Policy ("Director Compensation Policy"), the Reporting Person was granted restricted stock units ("RSUs") under the Issuer's 2021 Equity Incentive Plan ("Equity Incentive Plan"). Each RSU represents the right to receive one common share upon vesting. The RSUs vested immediately upon issuance.
- [F2]Pursuant to the Director Compensation Policy, the Reporting Person was granted RSUs under the Equity Incentive Plan. Each RSU represents the right to receive one common share upon vesting. The RSUs vest on the date of the Issuer's 2027 annual meeting of shareholders, subject to the Reporting Person's continued service through the vesting date.
Signature
/s/ Michelle Ancosky, Attorney-In-Fact|2026-06-02