HEBERT CURTIS L JR 4

What Happened Curtis L. Hebert Jr., a director of 5E Advanced Materials, had restricted stock units (RSUs) vest on July 1, 2026 and converted those RSUs into common stock. A total of 33,988 RSUs were converted to shares (exercises/conversions recorded July 1, 2026). To satisfy tax withholding obligations, 12,577 shares were surrendered on July 1 at $1.44 per share, generating $18,111 in proceeds; the net shares retained by Hebert after withholding were 21,411.

Key Details

• Transaction dates: RSU vesting/conversion on July 1, 2026; Form 4 filed July 2, 2026 (within the typical 2-business-day window).
• Shares converted: 33,988 shares (multiple RSU grants converted/vested).
• Shares withheld for taxes (dispositions): 12,577 shares at $1.44 each, total $18,111.
• Net shares received after withholding: 21,411 shares.
• Footnotes: RSUs represent a contingent right to one share each (F1). Grants originated from the company’s Amended and Restated 2022 Equity Compensation Plan with grant dates Sep 30, 2025; Dec 31, 2025; Mar 31, 2026; and Jun 30, 2026 (all vested July 1, 2026) (F2–F5).
• Transaction codes: A = grant/award (RSUs), M = exercise/conversion of a derivative (RSU conversion), F = payment of exercise price or tax liability (share withholding).
• Shares owned after transaction: not specified in the provided data.

Context This filing reflects routine RSU vesting and conversion, not an open-market sale or discretionary purchase. The share surrender reported was to cover tax withholding—common in equity compensation—rather than a cash sale for investment purposes. There is no indication of a 10b5-1 plan or other special trading arrangement in the filing.