Showalter Christopher Michael 4

What Happened

• Christopher Michael Showalter, CEO of Lifezone Metals Ltd (LZM), had RSUs vest on April 7, 2026, resulting in the acquisition of 113,334 ordinary shares. To satisfy tax withholding obligations, 46,525 shares were later disposed on April 13, 2026 at a weighted average price of $3.94, netting about $183,215. The RSU conversion is reported as a derivative exercise (code M) and the share withholding as a tax/payment disposition (code F).

Key Details

• Transaction dates: April 7, 2026 (RSU vesting/exercise) and April 13, 2026 (tax withholding/sale). Footnote clarifies transaction activity spans April 7–13, 2026.
• Shares acquired on vesting: 113,334 ordinary shares (reported value nominally $11 for conversion reporting).
• Shares disposed for tax withholding: 46,525 shares at a weighted-average price of $3.94, total value reported ~$183,215. Reported sale prices ranged from $3.66 to $4.16 (footnote).
• Nature of securities: Each Restricted Stock Unit (RSU) converts to one ordinary share (footnote). RSUs vest equally in three installments: April 7, 2026; September 7, 2026; and April 7, 2027.
• Shares owned after the transactions: Not specified in the provided filing extract.
• Timeliness: Filing dated April 15, 2026; no late-filing flag indicated in the provided data.

Context

• This was a vesting of RSUs (an award converting to shares) followed by a routine tax-withholding disposition — common for equity awards and not itself an open-market purchase or directional investment by the insider. The derivative entry (M) indicates conversion/exercise of award units; the F code indicates shares were used/sold to satisfy tax obligations.