Centrus Energy (NYSE: LEU) CFO receives 561 RSU award with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
TINELLI TODD M reported acquisition or exercise transactions in this Form 4 filing.
Centrus Energy senior vice president, CFO and treasurer Todd M. Tinelli received a grant of 561 Restricted Stock Units (RSUs) tied to Class A common stock. After this award, he holds 1,930 RSUs. The RSUs vest in three annual installments in 2027, 2028 and 2029, subject to continued employment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
TINELLI TODD M
Role
SVP, CFO & Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 561 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 1,930 shares (Direct, null)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. 187 RSUs shall become respectively vested on each of March 15, 2027, and March 15, 2028, with all remaining RSUs vesting on March 15, 2029, provided that Grantee has been continuously employed with the Company from the date hereof through each of the corresponding vesting dates identified above. Vested shares will be delivered to the reporting person as soon as administratively practicable following vesting.
Key Figures
RSUs granted: 561 RSUs
RSUs after grant: 1,930 RSUs
Vesting 2027: 187 RSUs
+2 more
5 metrics
RSUs granted
561 RSUs
Grant on June 17, 2026 to SVP, CFO & Treasurer
RSUs after grant
1,930 RSUs
Total RSUs held following the reported transaction
Vesting 2027
187 RSUs
Scheduled to vest on March 15, 2027
Vesting 2028
187 RSUs
Scheduled to vest on March 15, 2028
Vesting 2029 remainder
Remaining RSUs from 561 grant
Scheduled to vest on March 15, 2029
Key Terms
Restricted Stock Units, Class A Common Stock, contingent right, vesting, +1 more
5 terms
Restricted Stock Units financial
"The security reported is described as "Restricted Stock Units"."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A Common Stock financial
"Each RSU represents a right to receive one share of Class A Common Stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's stock."
vesting financial
"RSUs shall become respectively vested on March 15, 2027, March 15, 2028, and March 15, 2029."
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
administratively practicable financial
"Vested shares will be delivered as soon as administratively practicable following vesting."
FAQ
What insider transaction did Centrus Energy (LEU) report for Todd M. Tinelli?
Centrus Energy reported that SVP, CFO and treasurer Todd M. Tinelli received a grant of 561 Restricted Stock Units. These RSUs represent potential future shares of Class A common stock, subject to a multi-year vesting schedule and continued employment conditions.
How many Restricted Stock Units does Todd M. Tinelli hold after this LEU Form 4?
After this grant, Todd M. Tinelli holds a total of 1,930 Restricted Stock Units. These units give him contingent rights to receive an equal number of Class A common shares as they vest over several years, assuming ongoing employment with Centrus Energy.
What is the vesting schedule for Todd M. Tinelli’s new RSU grant at Centrus Energy?
The 561 RSUs vest in three tranches: 187 RSUs on March 15, 2027, 187 RSUs on March 15, 2028, and the remaining RSUs on March 15, 2029. Vesting requires that he remain continuously employed through each vesting date.
What does each RSU granted to Todd M. Tinelli by Centrus Energy represent?
Each Restricted Stock Unit represents a contingent right to receive one share of Centrus Energy’s Class A common stock. Shares are not issued immediately; they are delivered as soon as administratively practicable after each RSU tranche vests under the award terms.
Does the June 17, 2026 Centrus Energy Form 4 reflect a market purchase or sale by Todd M. Tinelli?
The Form 4 reflects a grant or award acquisition of 561 Restricted Stock Units to Todd M. Tinelli. It is a compensation-related award with no reported open-market purchase or sale, and the transaction price per unit is recorded as $0.0000.