LEU Insider Activity: Tinelli Receives 456 Shares, 1,369 RSUs; 150 Withheld

Rhea-AI Filing Summary

Todd M. Tinelli, SVP, CFO & Treasurer of Centrus Energy Corp. (LEU), received equity awards tied to his hire and ongoing service. On 08/11/2025 he was issued 456 shares of Class A common stock that vested immediately as part of his first-day compensation, and 1,369 restricted stock units (RSUs) were granted that each represent one share and vest in three equal annual installments on August 11, 2026–2028. To satisfy tax withholding, 150 shares were surrendered at a reported per-share withholding value of $219.10, leaving 306 shares of Class A common stock beneficially owned directly following the transactions and 1,369 RSUs outstanding as contingent rights to shares. Vested RSUs will be delivered as soon as administratively practicable.

Positive

• 456 shares issued and immediately vested as first-day compensation to align the CFO with shareholder interests.
• 1,369 RSUs granted that create multi-year retention incentives, vesting annually from 2026 through 2028.

Negative

• 150 shares surrendered to satisfy tax withholding, reducing the reporting person’s direct share count by that amount.
• RSUs are contingent and subject to future vesting conditions, so they are not currently deliverable shares.

Insights

Financial Analyst

TL;DR: New CFO received immediate equity and multi-year RSU award; net direct holding ends at 306 shares with 1,369 RSUs pending vesting.

This Form 4 reflects routine compensation-related stock issuance tied to employment start: 456 shares issued and immediately vested, 150 shares surrendered for tax withholding at $219.10 per share, and a grant of 1,369 RSUs that vest annually over three years. The economics shown are compensation, not open-market purchases or sales. The reported withholding price indicates the tax obligations were satisfied via share surrender rather than cash. For investors, this is a disclosure of executive equity alignment and timing of future potential share deliveries, but it does not report any market transactions by the executive.

Corporate Governance Expert

TL;DR: Issuance and RSU schedule are standard onboarding compensation; vesting timeline creates future potential dilution and retention incentives.

The filing documents an onboarding equity package: immediate issuance of common stock plus time‑based RSUs vesting annually through 2028. The RSUs are contingent rights to receive shares and will convert only upon vesting. Surrendering 150 shares to satisfy withholding is a common administrative mechanic. The disclosure is procedural and consistent with typical executive hiring arrangements; it signals contractual retention incentives but contains no unusual governance provisions in the reported items.

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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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^*

TINELLI TODD M

(Last) (First) (Middle)

CENTRUS ENERGY CORP.

6901 ROCKLEDGE DRIVE, SUITE 800

(Street)

BETHESDA MD 20817

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
CENTRUS ENERGY CORP [ LEU ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP, CFO & Treasurer

3. Date of Earliest Transaction (Month/Day/Year)
08/11/2025

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
Class A Common Stock	08/11/2025		A(1)		456	A	$0	456	D
Class A Common Stock	08/11/2025		F(2)		150	D	$219.1	306	D

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	(3)	08/11/2025		A		1,369		(4)	(5)	Class A Common Stock	1,369	$0	1,369	D

Explanation of Responses:

1. Represents shares of Class A Common Stock issued upon and the immediate vesting of stock granted to this Reporting Person on first day of employment.

2. Shares surrendered to the Company to satisfy tax withholding.

3. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock.

4. The RSUs vest annually in equal installments on each August 11 following the grant date, with August 11, 2026 as the first such vesting date and continuing through August 11, 2028, provided that Mr. Tinelli remains actively employed by the Company.

5. Vested shares will be delivered to the reporting person as soon as administratively practicable following vesting.

Remarks:

	Richard Emery, Attorney-in-Fact	08/13/2025
	** 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

Who filed the Form 4 for Centrus Energy (LEU)?

The reporting person is Todd M. Tinelli, listed as SVP, CFO & Treasurer of Centrus Energy Corp.

What equity did the reporting person receive on 08/11/2025?

He was issued 456 shares of Class A common stock that vested immediately and granted 1,369 RSUs representing contingent rights to 1,369 shares.

How many shares were surrendered for tax withholding and at what value?

150 shares were surrendered to satisfy tax withholding at a reported per-share withholding value of $219.10.

What are the beneficial ownership totals after the reported transactions?

Following the transactions, the reporting person beneficially owned 306 direct shares of Class A common stock and 1,369 RSUs (derivative securities) representing contingent rights to shares.

When do the RSUs vest?

The RSUs vest in equal annual installments on each August 11 following the grant date, beginning on August 11, 2026 and continuing through August 11, 2028.