Gerard Barron's stake in TMC at 6.9%, expiration of warrants, RSU vesting

What did TMC the metals Co Inc. announce?

Gerard Barron's beneficial ownership in TMC is 6.9%, reflecting the expiration of some warrants and the vesting of restricted stock units.

Key details

• Gerard Barron beneficially owns 30,809,638 Common Shares, representing 6.9% of the outstanding shares.
• This includes 26,162,760 Common Shares and 4,646,878 Common Shares underlying options exercisable within 60 days.
• Warrants to purchase 89,394 Common Shares expired on September 9, 2026, unexercised.
• Barron acquired 260,417, 1,247,191, 1,438,075, and 6,666,667 Common Shares through RSU vesting on various dates.

Why it matters

This 13D/A reports a change in ownership at TMC the metals Co Inc.. The likely share-price reaction reads as neutral.