EU CFO receives equity grants with options at $3.47

Rhea-AI Filing Summary

enCore Energy Corp. (EU) reported an insider equity award for its Chief Financial Officer, Kevin Kremke. On 10/08/2025, he received 250,000 restricted stock units and 250,000 stock options.

The RSUs vest in four equal tranches on October 1 of 2026, 2027, 2028, and 2029. The options have a $3.47 exercise price, vest on the same schedule, and expire on 10/01/2030. These grants were reported as directly owned.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Kremke Kevin L

(Last) (First) (Middle)

5950 BERKSHIRE LANE, SUITE 210

(Street)

DALLAS TX 75225

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
enCore Energy Corp. [ EU ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2025

4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Unit	(1)	10/08/2025		A		250,000		(2)	(2)	Common Shares	250,000	$0	250,000	D
Stock Option (Right to Buy)	$3.47	10/08/2025		A		250,000		(3)	10/01/2030	Common Shares	250,000	$0	250,000	D

Explanation of Responses:

1. Each restricted stock unit represents the contingent right to receive one common share of enCore Energy Corp.

2. On October 8, 2025, the reporting person was granted 250,000 restricted stock units. The restricted stock units vest one-fourth on October 1, 2026, one-fourth on October 1, 2027, one-fourth on October 1, 2028 and one-fourth on October 1, 2029.

3. On October 8, 2025, the reporting person was granted 250,000 stock options. The stock options vest and become exercisable one-fourth on October 1, 2026, one-fourth on October 1, 2027, one-fourth on October 1, 2028 and one-fourth on October 1, 2029.

	/s/ Robert Willette as attorney-in-fact for Kevin Kremke	10/10/2025
	** 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 4 (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).
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FAQ

What did enCore Energy (EU) disclose in this Form 4?

The CFO, Kevin Kremke, was granted 250,000 RSUs and 250,000 stock options on 10/08/2025.

What is the exercise price and term of the options granted to EU’s CFO?

The stock options carry a $3.47 exercise price and expire on 10/01/2030.

How do the RSUs and options for EU’s CFO vest?

Both vest one-fourth on 10/01/2026, 10/01/2027, 10/01/2028, and 10/01/2029.

How many shares underlie the CFO’s RSUs and options at enCore Energy?

The RSUs represent 250,000 common shares, and the options are for 250,000 common shares.

What ownership form was reported for these EU awards?

The filing lists the holdings as Direct (D) ownership.

Who signed the Form 4 for enCore Energy?

It was signed by /s/ Robert Willette as attorney-in-fact for Kevin Kremke on 10/10/2025.