International Battery Metals Ltd. Chief Executive Officer Donald E. Bender filed an initial statement of beneficial ownership (Form 3) on November 2, 2026, reporting holdings as of the event date of October 26, 2026.

Key Highlights

  • Direct share ownership: Bender reported 55,926 Common Shares, no par value, held directly.
  • Stock options: 200,000 options to buy Common Shares at an exercise price of $0.35 (USD), expiring February 12, 2030, held directly.
  • RSU grant 1: 150,000 Restricted Share Units granted October 2, 2025, vesting in three tranches of 75,000, 75,000, and 750,000 on October 2, 2026, 2027, and 2028, respectively, according to the filing.
  • RSU grant 2: 50,000 Restricted Share Units granted November 3, 2025, vesting in three tranches of 16,667, 16,667, and 16,666 on November 3, 2026, 2027, and 2028, respectively.
  • RSU grant 3: 750,000 Restricted Share Units granted May 14, 2026, under the 2025 Omnibus Equity Incentive Plan, vesting 250,000 each on May 14, 2027, 2028, and 2029.
  • Reporting person role: Bender is identified as Chief Executive Officer of International Battery Metals Ltd., trading under IBATF.

Bender's Initial Ownership Disclosure at International Battery Metals Ltd.

According to the Form 3 filed with the SEC on November 2, 2026, Donald E. Bender, Chief Executive Officer of International Battery Metals Ltd. (IBATF), reported his initial beneficial ownership as of October 26, 2026. The filing covers both non-derivative and derivative securities held directly by Bender. His non-derivative holdings consist of 55,926 Common Shares, no par value, held in direct form.

In the derivative securities table, the filing discloses three separate Restricted Share Unit grants and one stock option grant. The options, totaling 200,000, were granted on February 12, 2025, under the issuer's Rolling 10% Incentive Share Option Plan. According to the filing, these options vest in equal amounts of 100,000 on the first and second anniversary of the grant date. The exercise price is reported as $0.35 USD, which the filing describes as representing CAD$0.495 converted using the Bank of Canada daily exchange rate of $1.00 to CAD$1.4025 as of October 26, 2026.

The three RSU grants were made under two separate plans. The October 2, 2025, grant of 150,000 RSUs and the November 3, 2025, grant of 50,000 RSUs were made under the issuer's Amended and Restated Restricted Share Unit Plan. The May 14, 2026, grant of 750,000 RSUs was made under the issuer's 2025 Omnibus Equity Incentive Plan. The filing states that each RSU represents a contingent right to receive one Common Share. The Form 3 was signed by Norma Garcia as Attorney-in-Fact for Donald E. Bender.

What Was Disclosed

The filing is an initial beneficial ownership statement by International Battery Metals Ltd. CEO Donald E. Bender, covering 55,926 directly held Common Shares, 200,000 stock options expiring February 12, 2030, and three RSU grants totaling 950,000 units across two equity plans.