Collard Sylvain 4

What Happened

• Sylvain Collard, President Canada and Group COO of Elevra Lithium Ltd (ELVR), sold 41,561 shares on April 2, 2026. The reported sale price equals $5.77 per share (USD), for a total of approximately $239,662. The filing shows this disposition was to cover withholding tax obligations related to the vesting and settlement of time‑based equity rights.

Key Details

• Transaction date: 2026-04-02; reported on Form 4 filed 2026-04-07.
• Price: AUD 8.3452 per share; reported as USD $5.77 after conversion (exchange rate 0.6910 USD per 1 AUD).
• Shares sold: 41,561; proceeds ≈ $239,662.
• Reason: Sale made to satisfy withholding tax on vested time‑based equity rights (footnote).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Filing timing: transaction reported on 2026-04-07 for a 2026-04-02 trade (filing date is shown in the record).

Context

• This was a sale tied to tax withholding on vested awards, a routine administrative transaction that does not necessarily indicate a change in the insider’s view of the company. Purchases typically carry more weight for signaling insider confidence than routine sales for tax or settlement purposes.