enCore Energy (EU) chair details stock, RSU and option stakes
Filing Impact
Filing Sentiment
Form Type
3
Rhea-AI Filing Summary
enCore Energy Corp.'s Executive Chairman William M. Sheriff has filed a Form 3 reporting his equity holdings in the company. The filing shows direct ownership of 1,337,169 shares of common stock as of April 20, 2026.
He also holds 482,589 restricted stock units directly and 102,500 restricted stock units indirectly, each unit representing the right to receive one common share. In addition, Sheriff has multiple stock option awards, including 366,667 options granted on February 14, 2022 at an exercise price of $3.07 per share expiring on February 14, 2027, and 350,000 options granted on May 17, 2023 at $2.04 per share expiring on May 17, 2028.
Further option grants disclosed include 325,000 options at $4.14 per share expiring June 13, 2029, and 320,000 options at $3.10 per share expiring September 24, 2028. Certain options and restricted stock units are held indirectly through entities owned by his spouse, with the filing stating that he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
11 transactions reported
Mixed
11 txns
Insider
SHERIFF WILLIAM M
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Stock Option (Right to Buy) | -- | -- | -- |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 366,667 shares (Direct, null);
Restricted Stock Unit — 482,589 shares (Direct, null);
Stock Option (Right to Buy) — 66,667 shares (Indirect, See Footnote);
Restricted Stock Unit — 102,500 shares (Indirect, See Footnote);
Common Stock — 1,337,169 shares (Direct, null)
Footnotes (1)
- On February 14, 2022, the reporting person was granted 366,667 stock options of enCore Energy Corp. (the "Company") pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on August 14, 2022, which was the six-month anniversary of the date on which the stock options were granted. Represents an exercise price of $4.200 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.366 reported by the Bank of Canada on April 20, 2026. On May 17, 2023, the reporting person was granted 350,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on November 17, 2023, one-fourth on May 17, 2024, one-fourth on November 17, 2024 and one-fourth on May 17, 2025. Represents an exercise price of $2.790 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.366 reported by the Bank of Canada on April 20, 2026. On June 13, 2024, the reporting person was granted 325,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on December 13, 2024, one-fourth on June 13, 2025 and one-fourth on December 13, 2025, and will vest and become exercisable one-fourth on June 13, 2026. Represents an exercise price of $5.650 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.366 reported by the Bank of Canada on April 20, 2026. On September 24, 2025, the reporting person was granted 320,000 stock options of the Company pursuant to the Company's Long Term Incentive Plan. The stock options vested and became exercisable one-fourth on March 24, 2026, and will vest and become exercisable one-fourth on September 24, 2026, one-fourth on March 24, 2027 and one-fourth on September 24, 2027. On October 8, 2025, the reporting person was granted 482,589 restricted stock units. The restricted stock units vest one-third on October 8, 2026, one-third on October 8, 2027 and one-third on October 8, 2028. Each restricted stock unit represents the contingent right to receive one common share of enCore Energy Corp. On May 26, 2021, Tintina Holdings, Ltd., a communications and community engagement consultant owned by the reporting person's spouse ("Tintina Holdings"), was granted 66,667 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options are fully vested and became exercisable in four equal installments beginning on May 26, 2021. During the year ended December 31, 2023, these options were assumed by 5 Spot Corporation, a communications and community engagement consultant owned by the reporting person's spouse ("5 Spot Corp.") in connection with the assignment of a consulting contract from Tintina Holdings to 5 Spot Corp. Represents an exercise price of $4.320 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.366 reported by the Bank of Canada on April 20, 2026. These stock options are held by 5 Spot Corp., an entity owned by the reporting person's spouse. The reporting person disclaims beneficial ownership of such stock options except to the extent of his pecuniary interest therein. On May 17, 2023, Tintina Holdings was granted 50,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on November 17, 2023, one-fourth on May 17, 2024, one-fourth on November 17, 2024 and one-fourth on May 17, 2025. During the year ended December 31, 2023, these options were assumed by 5 Spot Corp. in connection with the assignment of a consulting contract from Tintina Holdings to 5 Spot Corp. Represents an exercise price of $2.790 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.366 reported by the Bank of Canada on April 20, 2026. On June 13, 2024, 5 Spot Corp. was granted 100,000 stock options of the Company pursuant to the Company's Stock Option Plan. The stock options vested and became exercisable one-fourth on December 13, 2024, one-fourth on June 13, 2025 and one-fourth on December 13, 2025, and will vest and become exercisable one-fourth on June 13, 2026. Represents an exercise price of $5.650 Canadian dollars, converted to U.S. dollars at the daily average exchange rate of $1.00 to CAD$1.366 reported by the Bank of Canada on April 20, 2026. On October 8, 2025, the reporting person was indirectly granted 30,000 stock options. The stock options vested and became exercisable one-fourth April 8, 2026, and will vest and become exercisable one-fourth October 8, 2026 and one-half April 8, 2027. On October 8, 2025, the reporting person was indirectly granted 102,500 restricted stock units. The restricted stock units vest one-third on October 8, 2026, one-third on October 8, 2027 and one-third on October 8, 2028.
Key Figures
Direct common shares: 1,337,169 shares
Direct RSUs: 482,589 units
Indirect RSUs: 102,500 units
+5 more
8 metrics
Direct common shares
1,337,169 shares
Common Stock held directly as of April 20, 2026
Direct RSUs
482,589 units
Restricted stock units granted October 8, 2025, vesting 2026-2028
Indirect RSUs
102,500 units
Restricted stock units indirectly held, vesting 2026-2028
Option grant Feb 14, 2022
366,667 shares at $3.07
Stock options, fully vested, expiring February 14, 2027
Option grant May 17, 2023
350,000 shares at $2.04
Stock options vesting in four installments, expiring May 17, 2028
Option grant June 13, 2024
325,000 shares at $4.14
Stock options vesting 2024-2026, expiring June 13, 2029
Option grant Sept 24, 2025
320,000 shares at $3.10
Long Term Incentive Plan options vesting 2026-2027, expiring Sept 24, 2028
Indirect option grant Oct 8, 2025
30,000 shares at $3.47
Indirect stock options vesting 2026-2027, expiring October 8, 2030
Key Terms
Restricted Stock Unit, Stock Option (Right to Buy, Long Term Incentive Plan, beneficial ownership, +1 more
5 terms
Restricted Stock Unit financial
"On October 8, 2025, the reporting person was granted 482,589 restricted stock units."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Stock Option (Right to Buy financial
"Stock Option (Right to Buy) with underlying common stock and specified exercise prices."
Long Term Incentive Plan financial
"On September 24, 2025, the reporting person was granted 320,000 stock options of the Company pursuant to the Company's Long Term Incentive Plan."
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
beneficial ownership financial
"The reporting person disclaims beneficial ownership of such stock options except to the extent of his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"The reporting person disclaims beneficial ownership of such stock options except to the extent of his pecuniary interest therein."
FAQ
What does William M. Sheriff's Form 3 for enCore Energy (EU) report?
The Form 3 reports William M. Sheriff’s initial ownership in enCore Energy common stock, restricted stock units, and stock options. It lists 1,337,169 common shares held directly plus several large option and RSU awards with detailed grant, vesting, and expiration terms.
What restricted stock unit (RSU) holdings are disclosed in the enCore Energy (EU) Form 3?
The filing shows 482,589 restricted stock units held directly and 102,500 restricted stock units held indirectly. Each RSU represents a contingent right to receive one common share, with vesting schedules running annually from October 8, 2026 through October 8, 2028.
Which major stock option grants to William M. Sheriff are listed in the Form 3?
Major option grants include 366,667 options at $3.07 per share expiring February 14, 2027, 350,000 options at $2.04 expiring May 17, 2028, 325,000 options at $4.14 expiring June 13, 2029, and 320,000 options at $3.10 expiring September 24, 2028.