EU Form 4: 196,499 RSUs to director; vesting in 2026–2027

Rhea-AI Filing Summary

enCore Energy Corp. (EU) reported a Form 4 showing director Mark Pelizza received 196,499 restricted stock units (RSUs) on October 8, 2025.

Each RSU represents one common share. The award vests in two equal installments: 50% on October 8, 2026 and 50% on October 8, 2027. The filing lists 196,499 derivative securities beneficially owned directly at a price of $0 per unit.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider PELIZZA MARK S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	196,499	$0.00	--

Holdings After Transaction: Restricted Stock Units — 196,499 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents one common share of enCore Energy Corp. On October 8, 2025, the reporting person was granted 196,499 restricted stock units. The restricted stock units vest one-half October 8, 2026 and one-half October 8, 2027.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
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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^*

PELIZZA MARK S

(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)

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

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 Units	(1)	10/08/2025		A		196,499		(2)	(2)	Common Shares	196,499	$0	196,499	D

Explanation of Responses:

1. Each restricted stock unit represents one common share of enCore Energy Corp.

2. On October 8, 2025, the reporting person was granted 196,499 restricted stock units. The restricted stock units vest one-half October 8, 2026 and one-half October 8, 2027.

	/s/ Robert Willette as attorney-in-fact for Mark Pelizza	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).
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 did enCore Energy (EU) disclose in this Form 4?

A grant of 196,499 RSUs to director Mark Pelizza on October 8, 2025.

How many RSUs were granted to the EU director and what do they represent?

196,499 RSUs, each representing one common share of enCore Energy Corp.

What is the vesting schedule for the 196,499 RSUs at EU?

The RSUs vest 50% on October 8, 2026 and 50% on October 8, 2027.

What is the ownership form reported for the RSUs at EU?

The filing reports direct ownership of 196,499 derivative securities following the transaction.

What transaction code appears on the EU Form 4 and what does it indicate?

Transaction code A appears, indicating an award/grant of derivative securities.

Was there a purchase price for the RSUs granted by EU?

The filing lists a price of $0 for the RSU grant.

Who signed the EU Form 4 and when?

It was signed by /s/ Robert Willette as attorney-in-fact for Mark Pelizza on October 10, 2025.