Frontier Nuclear & Minerals (FNUC) director cash-settles 19,651 RSUs
Rhea-AI Filing Summary
Imrie Brian reported disposition transactions in this Form 4 filing.
Frontier Nuclear & Minerals Inc. director Brian Imrie redeemed vested restricted share units for cash on July 6, 2026. He converted 11,442 RSUs granted July 21, 2025 and 8,209 RSUs granted February 23, 2026, electing cash settlement; no common shares were issued, and the company must settle the cash within ten business days.
Positive
- None.
Negative
- None.
Insider Trade Summary
19,651 shares exercised/converted
Exercise
2 txns
Insider
Imrie Brian
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Share Units F1 | 11,442 | $0.00 | $0.00 |
| Exercise | Restricted Share Units F2 | 8,209 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Share Units — 0 shares (Direct)
Footnotes (2)
- F1. Each restricted share unit ("RSU") was granted on July 21, 2025 under the Issuer's restricted share unit award plan ("RSU Plan") and represents a contingent right to receive one common share or the cash equivalent thereof as allowed under the Issuer's RSU plan. On July 6, 2026 (the "Redemption Date 1"), the Reporting Person elected, pursuant to the Issuer's RSU Plan, to redeem an aggregate of 11,442 vested RSUs solely for cash. No common shares were issued in connection with the redemption. The Issuer is required to settle the cash redemption within ten business days following the Redemption Date 1.
- F2. Each RSU was granted on February 23, 2026 under the Issuer's RSU Plan and represents a contingent right to receive one common share or the cash equivalent thereof as allowed under the Issuer's RSU plan. On July 6, 2026 (the "Redemption Date 1"), the Reporting Person elected, pursuant to the Issuer's RSU Plan, to redeem 8,209 vested RSUs solely for cash. No common shares were issued in connection with the redemption. The Issuer is required to settle the cash redemption within ten business days following the Redemption Date 2.
Key Figures
RSUs redeemed from 2025 grant: 11,442 RSUs
RSUs redeemed from 2026 grant: 8,209 RSUs
Total RSUs exercised: 19,651 RSUs
+1 more
4 metrics
RSUs redeemed from 2025 grant
11,442 RSUs
Vested RSUs granted July 21, 2025 and redeemed for cash on July 6, 2026; no shares issued
RSUs redeemed from 2026 grant
8,209 RSUs
Vested RSUs granted February 23, 2026 and redeemed for cash on July 6, 2026; no shares issued
Total RSUs exercised
19,651 RSUs
Aggregate RSU derivative exercises/redemptions reported for July 6, 2026
Cash settlement period
ten business days
Issuer required to settle each cash redemption within ten business days following the redemption date
Key Terms
Restricted Share Units, RSU Plan, contingent right to receive one common share or the cash equivalent thereof, Redemption Date 1
4 terms
RSU Plan financial
"under the Issuer's restricted share unit award plan ("RSU Plan") and repres"
Redemption Date 1 financial
"On July 6, 2026 (the "Redemption Date 1"), the Reporting Person elected"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Frontier Nuclear & Minerals (FNUC) director Brian Imrie report on this Form 4?
Brian Imrie reported redeeming 19,651 restricted share units (RSUs) for cash on July 6, 2026. These RSUs were cash-settled under the company’s RSU Plan, and no common shares were issued in connection with the redemptions.
How many Frontier Nuclear & Minerals (FNUC) RSUs from each grant did Brian Imrie redeem for cash?
Brian Imrie redeemed 11,442 RSUs from a July 21, 2025 grant and 8,209 RSUs from a February 23, 2026 grant. All redeemed units were vested and were settled solely in cash rather than in Frontier Nuclear & Minerals common shares.
When must Frontier Nuclear & Minerals (FNUC) settle the cash owed from the RSU redemptions?
The company is required to settle the cash redemption amounts within ten business days following each redemption date. For the redemptions on July 6, 2026, this means the cash must be paid within that ten-business-day settlement window.
What type of security was involved in Brian Imrie’s Frontier Nuclear & Minerals (FNUC) Form 4 transactions?
The transactions involved Restricted Share Units (RSUs), each representing a contingent right to receive one common share or the cash equivalent under Frontier Nuclear & Minerals’ RSU Plan. In this case, Imrie elected cash settlement for the vested RSUs.