Dick Barry 4

What Happened

• Dick Barry, a director of 5E Advanced Materials, was granted 11,036 restricted stock units (RSUs) on March 31, 2026. The grant is reported as a derivative award (acquisition code A) with an acquisition price of $0.00 — RSUs represent a contingent right to receive shares, not an immediate cash purchase or sale.

Key Details

• Transaction date and filing: Grant dated 2026-03-31; Form 4 filed with accession 0002021913-26-000004 on 2026-03-31.
• Amount/price: 11,036 RSUs granted, reported at $0.00 (derivative award).
• Shares owned after transaction: Not specified in this filing.
• Footnotes of note:
  • F1: Each RSU converts 1-for-1 into one share of common stock when/if settled.
  • F2: RSUs were granted under the Issuer’s Amended and Restated 2022 Equity Compensation Plan and vest on July 1, 2026, contingent on Barry’s continued board service; RSUs have no expiration date.
• Timeliness: Grant and filing are same-day (no late filing indicated in the record).

Context

• These RSUs are a compensation award, not an open-market purchase or sale. They vest subject to continued service, so they do not immediately increase floating shares until settlement. For retail investors, awards like this are routine board compensation and should be interpreted as compensation-related rather than a direct buy/sell signal.