Nova Minerals (NVA) CFO discloses options and 700k share stake

Rhea-AI Filing Summary

Nova Minerals Ltd Chief Financial Officer Michael Melamed filed an initial Form 3 showing his indirect equity interests in the company. The filing reports four classes of stock options, each covering 250,000 underlying Ordinary Shares at an exercise price of $0.4500 per share, expiring on December 23, 2028. One option grant is fully vested and currently exercisable, while other grants vest only upon achieving specified operational and sales milestones by the end of 2026, subject to continued employment and milestones not yet being met. The filing also shows indirect ownership of 700,000 Ordinary Shares through an affiliated entity, with footnotes indicating he has voting and investment control of that entity.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Melamed Michael

Role Chief Financial Officer

Type	Security	Shares	Price	Value
holding	Class A Stock Option (right to buy)	--	--	--
holding	Class B Stock Option (right to buy)	--	--	--
holding	Class C Stock Option (right to buy)	--	--	--
holding	Class D Stock Option (right to buy)	--	--	--
holding	Ordinary Shares, no par value	--	--	--

Holdings After Transaction: Class A Stock Option (right to buy) — 250,000 shares (Indirect, By TDM Capital Pty Ltd); Class B Stock Option (right to buy) — 250,000 shares (Indirect, By TDM Capital Pty Ltd); Class C Stock Option (right to buy) — 250,000 shares (Indirect, By TDM Capital Pty Ltd); Class D Stock Option (right to buy) — 250,000 shares (Indirect, By TDM Capital Pty Ltd); Ordinary Shares, no par value — 700,000 shares (Indirect, By Launchpad (AUS) Pty Ltd)

Footnotes (1)

1. The reporting person has voting and investment control of this entity due to being a Director and Shareholder. The shares subject to the option are fully vested and currently exercisable. Shares subject to the option will vest upon the completion of certain operational milestones by the end of 2026, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report. Shares subject to the option will vest upon achieving certain sales milestones, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

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

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

Melamed Michael

(Last) (First) (Middle)

C/O NOVA MINERALS LIMITED

SUITE 5, 242 HAWTHORN ROAD

(Street)

CAULFIELD, VICTORIA C3 3161

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/17/2026

3. Issuer Name and Ticker or Trading Symbol
Nova Minerals Ltd [ NVA ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Financial Officer

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Ordinary Shares, no par value	700,000(1)	I	By Launchpad (AUS) Pty Ltd

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Class A Stock Option (right to buy)	(1)(2)	12/23/2028	Ordinary Shares	250,000	$0.45	I	By TDM Capital Pty Ltd
Class B Stock Option (right to buy)	(1)(2)	12/23/2028	Ordinary Shares	250,000	$0.45	I	By TDM Capital Pty Ltd
Class C Stock Option (right to buy)	(1)(3)	12/23/2028	Ordinary Shares	250,000	$0.45	I	By TDM Capital Pty Ltd
Class D Stock Option (right to buy)	(1)(4)	12/23/2028	Ordinary Shares	250,000	$0.45	I	By TDM Capital Pty Ltd

Explanation of Responses:

1. The reporting person has voting and investment control of this entity due to being a Director and Shareholder.

2. The shares subject to the option are fully vested and currently exercisable.

3. Shares subject to the option will vest upon the completion of certain operational milestones by the end of 2026, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

4. Shares subject to the option will vest upon achieving certain sales milestones, subject to continuing employment by reporting person through the vesting date. The milestones have not been achieved as of the date of this report.

Remarks:

Exhibit 24 - Power of Attorney

	/s/ Ian Pamensky, by Power of Attorney	03/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.

FAQ

What does Nova Minerals (NVA) CFO Michael Melamed report in this Form 3?

He reports his initial indirect equity holdings in Nova Minerals. The filing lists four stock option grants over 250,000 shares each at $0.4500, expiring in 2028, plus 700,000 indirectly held Ordinary Shares through an affiliated entity.

How many Nova Minerals (NVA) options does the CFO indirectly hold and at what price?

He indirectly holds four classes of stock options, each tied to 250,000 underlying Ordinary Shares. All have an exercise price of $0.4500 per share and an expiration date of December 23, 2028, according to the derivative holdings disclosed.

Are all Nova Minerals (NVA) options held by the CFO currently vested?

Not all options are vested. One option grant is fully vested and currently exercisable, while others vest upon achieving specified operational and sales milestones by the end of 2026, contingent on the CFO’s continued employment and milestones not yet being achieved.

How many Nova Minerals (NVA) Ordinary Shares does the CFO indirectly own?

He indirectly owns 700,000 Ordinary Shares. These shares are held through Launchpad (AUS) Pty Ltd, and the filing notes this as indirect ownership, separate from the stock option positions listed for TDM Capital Pty Ltd.

Through which entities are Nova Minerals (NVA) holdings attributed to the CFO?

The options are held indirectly through TDM Capital Pty Ltd, while 700,000 Ordinary Shares are held through Launchpad (AUS) Pty Ltd. A footnote states he has voting and investment control of one such entity due to serving as a director and shareholder.

Does this Nova Minerals (NVA) Form 3 show any recent insider buying or selling?

No recent buying or selling is indicated. The Form 3 records existing indirect holdings: stock options and Ordinary Shares. Transaction data are categorized as holdings with unknown transaction codes, and summary statistics show no buy or sell activity reported.