Centrus Energy (LEU) CEO and director reports 4,000 RSUs vested, shares surrendered for taxes
Rhea-AI Filing Summary
Centrus Energy Corp. reported an insider equity transaction involving its President and CEO, who is also a director. On December 4, 2025, 4,000 restricted stock units (RSUs) granted on January 1, 2024 vested and were settled in shares of Class A common stock at an exercise price of $0, increasing his directly held stake to 6,196 shares before tax withholding.
On the same date, 1,804 Class A shares were surrendered back to Centrus Energy at a price of $278.63 per share to cover tax withholding obligations, leaving the executive with 4,392 directly owned shares after the transaction. The RSU award continues to vest annually in 4,000-share increments each December from 2024 through 2028, subject to continued employment, with 12,000 RSUs remaining beneficially owned after this vesting event.
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FAQ
What insider transaction did Centrus Energy Corp (LEU) report on this Form 4?
The Form 4 reports that the Centrus Energy Corp President and CEO, who is also a director, had 4,000 RSUs vest on December 4, 2025, which were settled into shares of Class A common stock. It also shows a related surrender of 1,804 shares to the company to satisfy tax withholding.
How many Centrus Energy (LEU) shares does the reporting person own after this transaction?
After the RSU vesting and the surrender of shares for tax withholding, the reporting person directly owns 4,392 shares of Centrus Energy Class A common stock.
What were the details of the RSU vesting for Centrus Energy Corp (LEU)?
The RSUs were issued under Centrus Energy's equity incentive plan on January 1, 2024. They vest annually in 4,000 RSU increments each December from December 4, 2024 through December 4, 2028, provided the executive remains actively employed. Each RSU represents a right to receive one share of Class A common stock.
Why were 1,804 Centrus Energy (LEU) shares surrendered in this Form 4?
The Form 4 notes that 1,804 shares of Centrus Energy Class A common stock were surrendered to the company at $278.63 per share to satisfy tax withholding obligations related to the RSU vesting.
How many restricted stock units does the Centrus Energy (LEU) executive still hold?
Following the vesting of 4,000 RSUs on December 4, 2025, the reporting person beneficially owns 12,000 remaining RSUs, each representing a contingent right to receive one share of Centrus Energy Class A common stock.
What role does the reporting person hold at Centrus Energy Corp (LEU)?
The reporting person is identified as both a Director and an Officer of Centrus Energy Corp, serving as President and CEO.