Centrus Energy Director's Stock Move: RSU Vesting Triggers Tax-Related Share Sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centrus Energy Corp (LEU) Director Mikel H Williams reported changes in beneficial ownership through two transactions on June 20, 2025:
- Acquired 684 Class A Common Stock shares through restricted stock units (RSUs) at $0
- Disposed of 1,713 shares through share surrender to cover tax obligations related to 2024 RSU settlement
Following these transactions, Williams beneficially owns 51,779 shares directly, which includes 47,445 vested RSUs and 5,363 shares from the company's equity incentive plan. The newly granted RSUs will vest on June 18, 2026. The Form 4 was filed by attorney-in-fact Shahram Ghasemian on June 24, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Williams Mikel H
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 684 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 1,713 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 53,492 shares (Direct)
Footnotes (1)
- Includes 47,445 vested RSUs and 5,363 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 that 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
When will Mikel Williams' new LEU restricted stock units vest?
According to the filing's explanatory notes, the newly acquired restricted stock units will vest on June 18, 2026 and will be settled at that time by issuing shares.
What positions does Mikel Williams hold at LEU (Centrus Energy)?
According to the Form 4 filing, Mikel H Williams serves as a Director of Centrus Energy Corp (LEU). This is indicated by the 'X' marked in the Director box under Section 5 of the form.