Centrus Energy Director's Stock Move Tied to RSU Vesting and Tax Settlement
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Form 4 filing reveals insider trading activity for Donald Kirkland H, Director at Centrus Energy Corp (NYSE: LEU). On June 20, 2025, two significant transactions occurred:
- Acquired 684 Class A Common Stock shares through Restricted Stock Units (RSUs) at $0
- Disposed of 1,318 shares through share surrender to cover tax obligations from 2024 RSU settlement
Following these transactions, Kirkland's direct beneficial ownership stands at 8,231 shares, which includes 2,786 vested RSUs and 6,079 Class A common stock under the company's equity incentive plan. The newly granted RSUs will vest on June 18, 2026. The filing was submitted by attorney-in-fact Shahram Ghasemian on June 24, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
DONALD KIRKLAND H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 684 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,318 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 9,549 shares (Direct)
Footnotes (1)
- Includes 2,786 vested RSUs and 6,079 Class A common stock pursuant to the Company's equity incentive plan. The newly acquired restricted stock units vest on June 18, 2026 and will be settled at the time by issuing shares. 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 RSUs.
FAQ
What is the vesting schedule for LEU Director Kirkland's new RSU grant?
The newly acquired restricted stock units will vest on June 18, 2026, approximately one year from the grant date. Upon vesting, the RSUs will be settled by issuing shares of Class A Common Stock.