Centrus Energy Director Surrenders 2,734 Shares for Tax Obligations
Bradley J. Sawatzke, Director of Centrus Energy Corp (NYSE: LEU), reported a significant insider transaction on June 20, 2025.
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Rhea-AI Filing Summary
Bradley J. Sawatzke, Director of Centrus Energy Corp (NYSE: LEU), reported a significant insider transaction on June 20, 2025. The filing discloses that Sawatzke surrendered 2,734 shares of Class A Common Stock to the company in a tax liability-related transaction.
The shares were surrendered at $0 price to satisfy tax obligations associated with the settlement of previously awarded 2024 and 2021 Restricted Stock Units (RSUs). Following this transaction, Sawatzke maintains direct beneficial ownership of 5,949 shares of Class A Common Stock.
This Form 4 filing, executed by attorney-in-fact Shahram Ghasemian, represents a routine tax withholding event rather than an open market transaction, indicating no change in the director's investment outlook. The transaction was processed under transaction code 'F', which typically denotes a payment of exercise price or tax liability by delivering or withholding securities.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 2,734 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the surrender of shares to the company in exchange for cash to satisfy the reporting person's tax liability with respect to the settlement of 2024 & 2021 RSUs.
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What is Bradley Sawatzke's role at LEU according to the Form 4?
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