5E Advanced Materials, Inc.·4

Jul 2, 8:42 AM ET

Siegler Jonathan A 4

Research Summary

AI-generated summary

Updated

5E Advanced Materials (FEAM) Director Jonathan Siegler Exercises RSUs

What Happened
Director Jonathan A. Siegler received and immediately converted 6,516 restricted stock units (RSUs) that vested — effectively converting the RSUs into 6,516 shares. To cover tax withholding, 2,411 of those shares were surrendered at $1.44 per share, totaling $3,472. No open-market sale of shares occurred; the share withholding was to satisfy tax obligations.

Key Details

  • Transaction dates: RSU grant 2026-06-30 (A); RSUs vested and converted 2026-07-01 (M); tax withholding shown 2026-07-01 (F). Filing date: 2026-07-02.
  • Withheld shares: 2,411 shares disposed to cover taxes at $1.44/share for $3,472.
  • RSUs vested/converted: 6,516 shares. Net shares retained after withholding: 6,516 − 2,411 = 4,105 shares (based on this filing).
  • Footnotes: F1 — each RSU equals a contingent right to one share. F2 — RSUs were granted under the company’s 2022 Equity Compensation Plan on 6/30/2026 and vested on 7/1/2026.
  • Transaction codes: A = award/grant, M = exercise/conversion of derivative (RSU conversion), F = tax withholding.
  • Timeliness: Filing shows a 7/2/2026 filing for transactions on 6/30–7/1/2026; no late filing flag is indicated.

Context
This was an award/vesting event and a routine tax-withholding share surrender (common for RSU vesting), not an open-market sale or a new cash purchase. The only cash-equivalent reported was the tax withholding of $3,472; the filing does not indicate any sale for liquidity or investment signaling.