enCore Energy director converts award to 98.2K shares

Of the 196,499 restricted stock units granted October 8, 2025, one-half vested October 8, 2026, and one-half will vest October 8, 2027.

Rhea-AI Filing Summary

enCore Energy Corp. director Mark S. Pelizza reported the conversion of 98,249 restricted stock units into 98,249 common shares on October 8, 2026. He reported 336,487 directly held common shares after the transaction; the filing also lists 443,332 common shares held indirectly through a family trust. The derivative row reports 98,250 restricted stock units following the transaction.

Insider Trade Summary

98,249 shares exercised/converted

Exercise 3 txns

Insider PELIZZA MARK S

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F1, F2	98,249	$0.00	$0.00
Exercise	Common Shares F1	98,249	--	--
holding	Common Shares	--	--	--

Holdings After Transaction: Restricted Stock Units — 98,250 contracts (Direct); Common Shares — 336,487 shares (Direct); Common Shares — 443,332 shares (Indirect, By Family Trust)

Footnotes (2)

1. F1. Each restricted stock unit represents one common share of enCore Energy Corp.
2. F2. On October 8, 2025, the reporting person was granted 196,499 restricted stock units. The restricted stock units vested one-half October 8, 2026 and will vest one-half October 8, 2027.

Key Figures

Restricted stock units converted: 98,249 restricted stock units Common shares acquired: 98,249 common shares Direct common shares after transaction: 336,487 common shares +3 more

6 metrics

Restricted stock units converted 98,249 restricted stock units October 8, 2026 transaction

Common shares acquired 98,249 common shares October 8, 2026 transaction

Direct common shares after transaction 336,487 common shares Reported following the October 8, 2026 transaction

Common shares held through family trust 443,332 common shares Indirect ownership

Restricted stock units following transaction 98,250 restricted stock units Reported following the October 8, 2026 transaction

Restricted stock units granted 196,499 restricted stock units Granted October 8, 2025

Key Terms

Restricted Stock Units, vested, Family Trust

3 terms

Restricted Stock Units financial

"Each restricted stock unit represents one common share"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vested financial

"restricted stock units vested one-half October 8, 2026"

Family Trust financial

"By Family Trust"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is the vesting schedule for enCore Energy (EU) director Mark S. Pelizza's RSUs?

Mark S. Pelizza was granted 196,499 restricted stock units on October 8, 2025; one-half vested October 8, 2026, and one-half will vest October 8, 2027.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Available on EDGAR 10/13/2026 - 04:15 PM EDT Accepted by SEC EDGAR 10/13/2026 - 04:15 PM EDT Learn about SEC filing dates

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
Estimated average burden
hours per response:			0.5

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)

ONE GALLERIA TOWER

13355 NOEL RD, SUITE 1700

(Street)

DALLAS TEXAS 75240

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
Common Shares	10/08/2026		M		98,249	A	(1)	336,487	D
Common Shares								443,332	I	By Family Trust

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)	10/08/2026		M			98,249	(2)	(2)	Common Shares	98,249	$0	98,250	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 vested one-half October 8, 2026 and will vest one-half October 8, 2027.

	/s/ Robert W. Hudson Jr. as attorney-in-fact for Mark Pelizza	10/13/2026
	** 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.
* Form 4: SEC 1474 (03-26)