Form 4: TMC Director Amelia Kinahoi Siamomua Receives 5,459 Shares as Compensation

TMC the metals company Inc. Director Amelia Kinahoi Siamomua was granted 5,459 common shares as non-cash compensation, vesting immediately, increasing her total beneficial ownership to 294,452 shares.

Summary

• Amelia Kinahoi Siamomua, a Director of TMC the metals company Inc. (TMC), acquired 5,459 common shares on May 30, 2025.
• The shares were granted as Restricted Stock Units (RSUs) in lieu of cash compensation under the Issuer's Nonemployee Director Compensation Policy.
• The RSUs were issued under the Issuer's 2021 Equity Incentive Plan and vested immediately upon issuance.
• The acquisition price for these shares was $0.00, as they represent compensation.
• Following this transaction, Ms. Siamomua's total beneficial ownership of TMC common shares increased to 294,452.
• The filing was signed on June 3, 2025, by Michelle Ancosky, Attorney-In-Fact for Ms. Siamomua, under a Power of Attorney effective December 31, 2023.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as it indicates a director's continued alignment with shareholder interests through equity compensation and an increase in their beneficial ownership, which is a standard practice for corporate governance.

Positives

• The grant of shares to a director aligns the director's interests with those of shareholders, as their compensation is tied to the company's equity performance.
• The immediate vesting of the RSUs provides the director with immediate ownership and liquidity, reflecting confidence in the company's compensation structure.

Future Outlook

The document does not contain forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• The reporting person was granted restricted stock units (RSUs) under the Issuer's 2021 Equity Incentive Plan in lieu of cash compensation under the Issuer's Nonemployee Director Compensation Policy.
• Each RSU represents the right to receive one common share upon vesting, and the RSUs vested immediately upon issuance.

Industry Context

This Form 4 filing is a routine disclosure of an insider transaction, specifically a compensation-related share grant to a director. It does not provide broader industry context or trends.

Corporate Governance

Related Party Transactions

• The grant of 5,459 common shares to Amelia Kinahoi Siamomua, a director of TMC, as compensation, constitutes a related party transaction.

Stakeholder Impact

• Shareholders: The transaction aligns the director's interests with shareholders by increasing her equity stake, potentially fostering better long-term decision-making.
• Employees: No direct impact on employees is indicated by this specific filing.

Key Dates

Keywords

TMC the metals company Inc., TMC, Form 4, Insider Transaction, Director Compensation, Restricted Stock Units, RSUs, Equity Incentive Plan, Share Grant, Beneficial Ownership