Centrus Energy (LEU) SVP granted 396 RSUs vesting through 2029
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Emery Richard Dingley III reported acquisition or exercise transactions in this Form 4 filing.
Centrus Energy Corp senior vice president and general counsel Emery Richard Dingley III received a grant of 396 restricted stock units (RSUs) tied to the company’s Class A common stock. Following this award, his reported RSU holdings from this grant total 677 RSUs.
Each RSU represents the right to receive one share of Class A common stock if the vesting conditions are met. 132 RSUs vest on each of March 15, 2027 and March 15, 2028, with the remaining RSUs vesting on March 15, 2029, assuming continuous employment through each vesting date. Shares are delivered after vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Emery Richard Dingley III
Role
SVP, GC, CCO & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 396 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 677 shares (Direct, null)
Footnotes (1)
- Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. 132 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: 396 RSUs
RSUs after transaction: 677 RSUs
Annual vesting tranches: 132 RSUs each
+2 more
5 metrics
RSUs granted
396 RSUs
Award on 2026-06-17
RSUs after transaction
677 RSUs
Total reported from this award following grant
Annual vesting tranches
132 RSUs each
Vest on March 15, 2027 and March 15, 2028
Final vesting date
March 15, 2029
All remaining RSUs vest on this date if employment continues
RSU price per unit
$0.00
Grant and conversion price, reflecting compensation nature
Key Terms
Restricted Stock Units, Class A Common Stock, vested shares, continuously employed
4 terms
Restricted Stock Units financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock."
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 contingent right to receive one share of the Company's 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.
continuously employed financial
"provided that Grantee has been continuously employed with the Company from the date hereof through each of the corresponding vesting dates"
FAQ
What insider transaction did Centrus Energy (LEU) report for Emery Richard Dingley III?
Centrus Energy reported a grant of 396 restricted stock units to Emery Richard Dingley III. These RSUs are compensation-related awards that may convert into Class A common shares if service-based vesting conditions are satisfied, rather than open-market share purchases or sales.
How many restricted stock units does the LEU executive hold after this Form 4 transaction?
After this transaction, the executive’s reported position from this award is 677 restricted stock units. These RSUs represent potential future shares of Centrus Energy Class A common stock, subject to vesting over several years and continued employment with the company through the stated vesting dates.
What is the vesting schedule for the new RSUs reported by Centrus Energy (LEU)?
The grant vests in three stages: 132 restricted stock units on March 15, 2027, and 132 RSUs on March 15, 2028. All remaining RSUs from this award vest on March 15, 2029, provided the executive remains continuously employed through each vesting date.
Do the LEU restricted stock units reported in this Form 4 have an exercise price?
The restricted stock units have an indicated price per unit and conversion price of $0.00, reflecting their nature as stock-based compensation. They are not options and do not require a cash exercise; instead, shares are delivered once the RSUs vest under the award terms.