5E Advanced Materials CFO Joshua Malm Vests 4,261 RSUs

What Happened Joshua Malm, Chief Financial Officer of 5E Advanced Materials, had 4,261 restricted stock units (RSUs) vest/convert into common shares on September 15, 2026. The conversion (reported as derivative exercise/conversion, code M) resulted in acquisition of 4,261 shares; the issuer withheld 1,225 shares to cover tax withholding (code F) at $1.26 per share ($1,544). The RSUs carried no exercise price (reported $0), so this is a settlement of compensation awards rather than an open‑market buy or sell.

Key Details

• Transaction date: 2026-09-15 (filed same day).
• Primary activity: Vesting/settlement of 4,261 RSUs (conversion of derivative to common stock; code M).
• Tax withholding: 1,225 shares withheld (disposed) at $1.26/share for $1,544 (code F).
• Net shares delivered to Malm: 4,261 − 1,225 = 3,036 shares.
• Footnotes: F1—each RSU equals one share on settlement; F2—withheld shares cover tax withholding; F3—these RSUs were granted 3/1/2026 and vest ~1/3 on each Sep 15 of 2026–2028.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.
• Timeliness: Filing and report date are the same (no late filing indicated).

Context RSU vesting is standard executive compensation and the withholding of shares to satisfy tax obligations is routine; it does not represent a market sale by the insider. The M code here reflects conversion/settlement of RSUs (no exercise price), and the F code denotes shares surrendered for taxes. This transaction is informational for investors tracking insider compensation and ownership changes, but it is not a discretionary buy or sell signal.