Director Nicholas H. Hemmerly filed a Form 4 with the SEC on November 6, 2026, disclosing the acquisition of 1,500,000 Non-Qualified Stock Options in Liberty Star Uranium & Metals Corp. (OTC:LBSR) on October 28, 2026.

Key Highlights

  • Reporting person: Nicholas H. Hemmerly, identified as a Director of Liberty Star Uranium & Metals Corp.
  • Transaction date: October 28, 2026, with the form filed November 6, 2026.
  • Securities acquired: 1,500,000 Non-Qualified Stock Options (NQSOs), acquired with transaction code "A" (acquired).
  • Exercise price: $0.02 per share, with an expiration date of October 28, 2036.
  • Vesting schedule: One third on grant date, one third on the first anniversary, and one third on the second anniversary, as stated in the filing.
  • Post-transaction beneficial ownership: 1,500,000 derivative securities beneficially owned, held directly.
  • Purpose: The options were granted "for services as a director as approved by the LBSR Board of Directors," according to the filing.

Liberty Star Director Hemmerly Reports NQSO Grant Dated October 28, 2026

According to the Form 4 filed November 6, 2026, Nicholas H. Hemmerly, a director of Liberty Star Uranium & Metals Corp. (OTC:LBSR), acquired 1,500,000 Non-Qualified Stock Options on October 28, 2026. The filing identifies these as derivative securities with an exercise price of $0.02 per share and an underlying security of common stock. The options carry an expiration date of October 28, 2036, giving them a ten-year term from the grant date.

The filing's explanation of responses states that the NQSOs were granted "for services as a director as approved by the LBSR Board of Directors." The vesting schedule described in the filing provides that one third of the options vest on the grant date, one third vest on the first anniversary of the grant, and one third vest on the second anniversary. No cash consideration for the options is indicated in the filing.

Following the reported transaction, Hemmerly beneficially owns 1,500,000 derivative securities directly, as reported in Table II of the filing. No non-derivative securities transactions appear in Table I of the filing. The form was signed by Nicholas Hemmerly and dated November 6, 2026.

What Was Disclosed

Director Nicholas H. Hemmerly disclosed the acquisition of 1,500,000 NQSOs in Liberty Star Uranium & Metals Corp. at an exercise price of $0.02 per share, granted October 28, 2026, for services as a director, with a ten-year expiration and a three-tranche vesting schedule.