Director Matthew Tyler Westbrook filed a Form 4 on November 6, 2026, disclosing the acquisition of 1,500,000 Non-Qualified Stock Options in Liberty Star Uranium & Metals Corp. (OTC:LBSR) with a transaction date of October 28, 2026.
Key Highlights
- Security acquired: 1,500,000 Non-Qualified Stock Options (NQSOs) in Liberty Star Uranium & Metals Corp.
- Transaction date: October 28, 2026, with an acquisition transaction code of "A."
- 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 approved by the LBSR Board of Directors.
- Purpose: Granted for services as a director, according to the filing's explanation of responses.
- Resulting ownership: 1,500,000 derivative securities beneficially owned following the reported transaction, held directly.
Westbrook's October 2026 Director Option Grant at Liberty Star
According to the Form 4 filed with the U.S. Securities and Exchange Commission, Matthew Tyler Westbrook, identified as 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 the transaction code as "A" (acquired) and lists the price of the derivative security as $0.02.
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 vesting one third on grant, one third on first anniversary, and one third on second year anniversary." The options carry an exercise price of $0.02 per share and are exercisable from October 28, 2026, through October 28, 2036. The underlying security is Common Stock, with 1,500,000 shares underlying the options.
Following the reported transaction, Westbrook's total beneficial ownership of derivative securities stands at 1,500,000, held directly. No non-derivative securities were reported in Table I of the filing. The Form 4 was signed by Matthew Westbrook and dated November 6, 2026, the same date it was filed.
What Was Disclosed
Director Matthew Tyler Westbrook disclosed the acquisition of 1,500,000 NQSOs in Liberty Star Uranium & Metals Corp. at an exercise price of $0.02 per share, granted for director services on October 28, 2026, with a ten-year term and a three-tranche vesting schedule.




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