GARCIA NORMA LINDA 4
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International Battery Metals (IBATF) GC Norma Garcia Receives Award
What Happened Norma Garcia, General Counsel of International Battery Metals Ltd. (IBATF), received a grant of 500,000 derivative awards on May 14, 2026. These awards are Restricted Share Units (RSUs) granted at $0.00 (no immediate cash exchanged); each RSU is a contingent right to receive one common share upon vesting.
Key Details
- Transaction date: 2026-05-14; transaction type: Award/Grant (code A); reported acquisition: 500,000 RSUs at $0.00 (derivative).
- Vesting (per filing footnote): 166,666 RSUs vest on 2027-05-14, 166,667 on 2028-05-14, and 166,667 on 2029-05-14 (see F5). F3 clarifies each RSU converts to one common share when vested.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Filing timeliness: filing date equals transaction date (2026-05-14), indicating a timely report.
Context These RSUs are awards, not open-market purchases or immediate share issuances. They do not increase Garcia’s common-share holdings until each tranche vests and is settled; there was no cash paid or sale of shares reported in this transaction.