05/19/2026 | Press release | Distributed by Public on 05/19/2026 04:05
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FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | SEC 1473 (7-02) | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | |||
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1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Stock Option | (4) | 06/13/2027 | Common Stock(1) | 40,000 | $9.31(3) | I | See Footnote(7) |
| Stock Option | (5) | 09/15/2028 | Common Stock(1) | 80,500 | $17.35(3) | I | See Footnote(7) |
| Stock Option | (6) | 06/19/2029 | Common Stock(1) | 50,000 | $16.63(3) | I | See Footnote(7) |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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Denaro Stephen TOOWONG TOWER, LEVEL 3, SUITE 302 9 SHERWOOD ROAD TOOWONG QLD 4066 |
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| /s/ Stephen Denaro | 05/19/2026 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents CHESS Depositary Interests ("CDIs") of the Issuer. The CDIs are traded on the Australian Securities Exchange (the "ASX") and are held by CHESS Depositary Nominees Pty, Limited, a subsidiary of ASX Limited, the company that operates the ASX. |
| (2) | Held by Citicorp Nominees Pty Ltd as custodian for Sloane Pty Ltd who is the Trustee for the Denaro Superannuation Fund, for which Mr. Denaro is a beneficiary. |
| (3) | Options are issued in AUD. Exercise prices have been translated into USD using the May 11, 2026 exchange rate, which was approximately A$1.00 to $0.72. |
| (4) | The option vested in three equal annual installments on December 31, 2022, December 31, 2023 and December 31, 2024. |
| (5) | The option vests in three equal annual installments on September 15, 2024, September 15, 2025 and September 15, 2026, subject to the Reporting Person's continued service. |
| (6) | The option vests in three equal annual installments on June 19, 2025, June 19, 2026 and June 19, 2027, subject to the Reporting Person's continued service. |
| (7) | Held by Sloane Pty Ltd as Trustee for the Denaro Family Trust. The Reporting Person serves as the director and sole shareholder of Sloane Pty Ltd, which Mr. Denaro is deemed to beneficially own. |