$CRML.US CRML (Critical Metals Corp)'s equity incentives are primarily governed by the 2024 Incentive Award Plan, which was substantially amended in October 2025. The plan added 15 million shares; together with automatic increases, the total reserve is approximately 21.17 million shares. Incentive instruments include performance stock options granted to executives and consultants, which vest in tranches only after the share price reaches $16.25, $20.31, and $25.39 and remains at each level for 20 trading days, with an exercise price capped at $25.39; and restricted stock units, which vest in equal annual installments over three years for executives, all at once on November 1, 2026 for non-executive directors, and on January 1, 2026 for advisory committee members. In October 2025, approximately 15.52 million shares in compensatory awards were approved. Earlier, in April, directors received annual equity awards vesting after one year, and CEO Tony Sage received 500,000 common shares. The plan aligns management's interests with market-capitalization growth, but the additional shares put pressure on shareholders through dilution. Given the high exercise price, the market has raised concerns that the targets may be difficult to achieve, and the share price fluctuated and declined after the announcement.