Centrus Energy (NYSE: LEU) corrects Neal Kanth's 449 RSU balance
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Centrus Energy Corp reported an administrative correction to SVP, Head Investor Relations Neal Kanth's equity holdings, showing he holds 449 Restricted Stock Units tied to Class A common stock as of June 17, 2026. These RSUs are scheduled to vest in tranches in 2027, 2028, and 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NAGARAJAN NEAL KANTH
Role
SVP, Head Investor Relations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 449 shares (Direct)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. 150 RSUs shall become respectively vested on each of March 15, 2027, and March 15, 2028, with all remaining RSUs vesting on March 15, 2029, provided that Grantee has been continuously employed with the Company from the date hereof through each of the corresponding vesting dates identified above. Vested shares will be delivered to the reporting person as soon as administratively practicable following vesting. The original Form 4, filed on June 22, 2026, is being amended by this Form 4 amendment solely to correct an administrative error on Table II, #9, to correct the holding balance.
Key Figures
RSUs reported: 449 Restricted Stock Units
RSUs vesting March 15, 2027: 150 RSUs
RSUs vesting March 15, 2028: 150 RSUs
+1 more
4 metrics
RSUs reported
449 Restricted Stock Units
Underlying shares linked to Neal Kanth’s RSUs as of June 17, 2026
RSUs vesting March 15, 2027
150 RSUs
First tranche scheduled to vest on March 15, 2027, subject to continued employment
RSUs vesting March 15, 2028
150 RSUs
Second tranche scheduled to vest on March 15, 2028, subject to continued employment
RSU-to-share ratio
1 share per RSU
Each RSU represents a contingent right to receive one share of Class A Common Stock
Key Terms
Restricted Stock Units, Class A Common Stock, vesting, administratively practicable
4 terms
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one 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.
Class A Common Stock financial
"to receive one share of the Company's Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
vesting financial
"RSUs shall become respectively vested on each of March 15, 2027, and March 15, 2028"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
administratively practicable regulatory
"Vested shares will be delivered to the reporting person as soon as administratively practicable"
FAQ
What change did Centrus Energy (LEU) report about Neal Kanth's holdings?
Centrus Energy disclosed an administrative correction to SVP Neal Kanth’s RSU balance, showing he holds 449 Restricted Stock Units linked to Class A common stock as of June 17, 2026. The update does not report any share purchases, sales, or exercises.
How many RSUs does Neal Kanth hold in Centrus Energy (LEU)?
SVP Neal Kanth is reported holding 449 Restricted Stock Units in Centrus Energy, each tied to the company’s Class A common stock. This figure reflects a corrected holding balance following an earlier administrative error in the previously reported RSU amount.
When will Neal Kanth’s Centrus Energy (LEU) RSUs vest?
The RSUs are scheduled to vest in three steps: 150 RSUs on March 15, 2027, another 150 RSUs on March 15, 2028, and all remaining RSUs on March 15, 2029. Vesting requires his continuous employment through each vesting date.
What does each RSU for Centrus Energy (LEU) represent?
Each RSU held by Neal Kanth represents a contingent right to receive one share of Centrus Energy’s Class A Common Stock. Shares are delivered after the RSUs vest and as soon as administratively practicable, according to the disclosed award terms.
Does this Centrus Energy (LEU) insider update involve stock purchases or sales?
The disclosure does not show any share purchases or sales by Neal Kanth. It reports a holding entry for 449 RSUs and explains that the change corrects an earlier administrative error in the reported RSU balance, without indicating any trading activity.
What condition applies to Neal Kanth’s Centrus Energy (LEU) RSU vesting?
Vesting of Neal Kanth’s RSUs is conditioned on his continuous employment with Centrus Energy from the grant date through each vesting date in 2027, 2028, and 2029. If employment ceases earlier, some or all unvested RSUs may not vest.