Welcome to our dedicated page for Tmc The Metals Company SEC filings (Ticker: TMC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings page for TMC the metals company Inc. (Nasdaq: TMC) provides access to the company’s official U.S. regulatory disclosures. As an emerging growth company incorporated in British Columbia, Canada, with common shares and warrants listed on the Nasdaq Stock Market, TMC files current and periodic reports that document its deep-sea polymetallic nodule projects, financing activities and governance matters.
Among the most informative filings for investors are Form 8-K current reports. Recent 8-Ks describe material events such as revised sponsorship agreements for Tonga Offshore Mining Ltd (TOML), strategic equity financings including a private placement with Korea Zinc and a registered direct offering, and the publication of technical economic assessments prepared under Regulation S-K Subpart 1300. Other 8-Ks furnish press releases announcing quarterly results, corporate updates and strategy events.
TMC also files Technical Report Summaries as exhibits under Item 9.01 of Form 8-K, including the S-K 1300 NORI Area D Technical Report (Pre-Feasibility Study) and the Initial Assessment for TOML and NORI properties in the Clarion Clipperton Zone. These reports, prepared and signed by independent and company-affiliated Qualified Persons, outline mineral resources and reserves, conceptual mine plans, processing routes and economic projections, and are accompanied by consents from the Qualified Persons.
On this page, users can review TMC’s SEC submissions to understand how the company characterizes its resource base, regulatory strategy under the International Seabed Authority and U.S. DSHMRA regimes, sponsorship obligations to Nauru and Tonga, and capital-raising transactions. AI-powered tools summarize lengthy filings, highlight key items such as new technical reports, warrant issuances and sponsorship terms, and help readers quickly locate information on topics like mineral reserve declarations, regulatory milestones and financing structures.
For deeper research, investors can examine exhibits such as technical reports, sponsorship agreements, deeds of guarantee and indemnity, and consent letters from Qualified Persons, all referenced within TMC’s SEC filings.
TMC the metals company Inc. is holding its 2026 annual shareholder meeting as a virtual-only audio webcast on May 28, 2026 at 10:00 a.m. EDT. Shareholders of record at the close of business on April 2, 2026, when 433,188,187 common shares were outstanding, may vote.
Investors will be asked to set the board size at ten directors, elect ten nominees, appoint Ernst & Young LLP as independent auditor for 2026, approve on an advisory basis named executive officer compensation, and choose how often future say‑on‑pay votes occur. The board recommends ten directors, electing all nominees, ratifying the auditor, approving executive pay, and holding say‑on‑pay votes every two years.
TMC the metals Co Inc. reported that its Chief Financial Officer, Craig Shesky, received a grant of 453,515 Common Share RSUs on April 13, 2026 as compensation. The award carries a price of $0.00 per share, reflecting a share-based grant rather than a market purchase.
Each RSU converts into one common share upon vesting. The grant vests over three years in equal installments, with 1/3 vesting on March 20, 2027, 1/3 on March 20, 2028, and 1/3 on March 20, 2029, subject to his continued service. Following this grant, Shesky directly holds 1,879,356 common shares.
TMC the metals Co Inc. reported that Chief Strategy Officer Erika Ilves received a grant of 453,515 restricted stock units (RSUs) on April 13, 2026 as part of the company’s long-term incentive plan. Each RSU converts into one common share upon vesting.
The RSUs vest over three years, with one-third vesting on March 20, 2027, one-third on March 20, 2028, and one-third on March 20, 2029, subject to her continued service through each vesting date. After this grant, Ilves directly holds 5,214,199 common shares, with an additional 30,682 shares held indirectly by her children.
TMC the metals Co Inc. reported that Chairman & CEO Gerard Barron acquired 816,327 Common Shares through a grant of restricted stock units (RSUs) at no cash cost as part of the company’s long-term incentive plan.
Each RSU converts into one share upon vesting, which occurs in three equal installments on March 20, 2027, March 20, 2028 and March 20, 2029, subject to his continued service. Following this award, Barron directly holds 41,803,445 Common Shares, highlighting that this filing reflects compensation-based equity rather than an open-market share purchase or sale.
TMC the metals company Inc. filed an automatic shelf registration on Form S-3 as a well-known seasoned issuer to register an unlimited aggregate amount of common shares, preferred shares, debt securities, warrants and units for offering from time to time after effectiveness. The shelf permits offerings by the company or by selling securityholders; prospectus supplements will state specific terms and whether the company receives proceeds. As context, there were 433,188,187 common shares issued and outstanding as of March 30, 2026, the last reported sale price of the common shares was $4.10 per share and the public warrants last traded at $0.271 per warrant on March 30, 2026. The prospectus incorporates technical reports on the NORI Area D pre-feasibility study and TOML/NORI initial assessment and discloses NOAA and ISA regulatory pathways for deep-seabed minerals under DSHMRA and UNCLOS-related regimes.
TMC the metals company Inc. describes its plan to develop deep-sea polymetallic nodules in the Clarion Clipperton Zone to supply nickel, copper, cobalt, manganese and rare earth elements for U.S. strategic sectors such as batteries, steel, defense and data centers. The company pursues a dual regulatory path, maintaining ISA exploration contracts through subsidiaries NORI and TOML while applying under the U.S. Deep Seabed Hard Mineral Resources Act for exploration licenses and a commercial recovery permit covering 65,187 square kilometers (TMC USA-A) and additional ground (TMC USA-B).
A 2025 pre-feasibility study for NORI Area D declared the first mineral reserves for a seafloor polymetallic nodule project, with 51 million tonnes of probable reserves and larger measured, indicated and inferred resources across NORI and TOML areas. TMC outlines a phased production strategy targeting up to 12 million tonnes of wet nodules per year at steady state, initially using the Hidden Gem vessel and toll processing in Japan and Indonesia, and later adding integrated U.S. processing in Texas.
The report emphasizes life cycle assessments suggesting lower environmental footprints versus many land-based routes, including reduced biomass disturbance, near-zero solid processing waste, and shorter supply chains into the United States. Key partnerships include Allseas for offshore collection systems, PAMCO for smelting trials and feasibility work, Korea Zinc for refining and pCAM opportunities, Glencore for 50% offtake on NORI nickel and copper, and Mariana Minerals to help design and potentially develop a U.S. processing facility in Brownsville, Texas.
TMC the metals company Inc. reported fourth quarter and full year 2025 results alongside major permitting and strategic updates. The company ended December 31, 2025 with cash of $117.6 million and cites total liquidity of $162 million, expecting around $154 million at March 31, 2026.
TMC posted a net loss of $40.4 million ( $0.08 per share) for Q4 2025, versus a loss of $16.1 million ( $0.04 per share) a year earlier. For full year 2025, net loss widened to $319.8 million ( $0.83 per share) from $81.9 million ( $0.25 per share) in 2024, driven by a $131 million increase in NORI royalty liability and a non‑recurring $38 million warrant charge.
General and administrative expenses rose sharply to $99.8 million in 2025 from $30.6 million, largely due to accelerated share‑based compensation. At year‑end, total equity was a deficit of $33.4 million. Strategically, TMC advanced a U.S. permitting path with NOAA’s “substantial compliance” determination on its consolidated deep‑seabed mining application, secured exclusive lease‑option rights for a potential processing hub in Brownsville, Texas, and entered a strategic partnership with Mariana Minerals. TMC also highlighted expected 2026 Nasdaq trading of The Metals Royalty Co., in which it holds an equity stake and royalty repurchase rights.
TMC the metals Co Inc. Chief Financial Officer Craig Shesky reported selling a total of 345,619 common shares of TMC in open-market transactions on March 24–26, 2026 at average prices around $4.53–$4.74 per share. According to the filing, these sales were executed as automatic “sell to cover” transactions to satisfy tax withholding obligations arising from the vesting of restricted stock units granted on March 20, 2023, March 20, 2024 and March 20, 2025, and are described as non-discretionary. Following these transactions, Shesky directly holds 1,425,841 common shares of TMC.
TMC director Craig Shesky reported the sale of Common Stock in two transactions on 03/24/2026 and 03/25/2026.
The filing shows 51,941 shares sold on 03/24/2026 for $246,107.65 and 78,186 shares sold on 03/25/2026 for $358,297.02. The excerpt also records vesting of 215,492 restricted stock units on 03/20/2026 granted under the issuer's equity compensation plan.