Lifezone Metals (LZM) Director Beatriz Orrantia Receives Stock Award

What Happened

• Beatriz Orrantia, a director of Lifezone Metals Ltd (LZM), was granted a derivative award of 13,626 stock options on May 7, 2026. The Form 4 reports the acquisition as an award at $0.00 (no cash paid at grant). This is an equity compensation grant rather than an open‑market purchase or sale.

Key Details

• Transaction date: 2026-05-07; Filing date: 2026-05-12 (filed 5 days after the transaction — appears late relative to the 2‑business‑day Form 4 deadline).
• Security/amount: 13,626 derivative securities (stock options) reported as acquired at $0.00.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote F1: Options vest in three equal installments on Nov 3, 2026; May 7, 2027; and May 7, 2028.
• No indication these options were exercised or sold; this filing reports only the grant.

Context

• This is a grant of options (a derivative award). No cash was exchanged at grant and these options must vest (per schedule) before they can be exercised into shares. The reported $0.00 reflects the grant reporting, not the eventual economic value — value depends on future share price and any exercise price terms not detailed here.