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Unico Silver Director Rebalances Holdings After Option Conversion

Story Highlights
  • Unico Silver director Todd Williams converted 1.5 million options into fully paid ordinary shares.
  • He then sold 1.5 million shares to cover FY26 tax and exercise costs, retaining a significant equity stake overall.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Unico Silver Director Rebalances Holdings After Option Conversion

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E2 Metals Ltd. ( (AU:USL) ) just unveiled an announcement.

Unico Silver Limited has reported a change in the interests of director Todd Jarrad Williams, who converted 1.5 million unlisted options into 1.5 million fully paid ordinary shares on 23 January 2026. Following the conversion, Williams disposed of 1.5 million fully paid ordinary shares to fund FY26 tax liabilities and the option exercise, leaving him with 7,779,635 fully paid ordinary shares and 1.5 million unlisted options held directly, along with 8 million performance rights and 1,155,550 shares held indirectly through SMSF TERF Super, thereby slightly rebalancing his mix of equity instruments while maintaining a substantial exposure to the company.

The most recent analyst rating on (AU:USL) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on E2 Metals Ltd. stock, see the AU:USL Stock Forecast page.

More about E2 Metals Ltd.

Unico Silver Limited is an Australia-listed company operating in the resources sector, with its securities traded on the ASX. The company’s capital structure includes fully paid ordinary shares, unlisted options, and performance rights held by directors and other investors.

Average Trading Volume: 5,053,405

Technical Sentiment Signal: Buy

Current Market Cap: A$659.7M

See more insights into USL stock on TipRanks’ Stock Analysis page.

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