Centrus Energy (NYSE: LEU) SVP gets RSU shares, surrenders some for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centrus Energy Corp senior vice president Patrick Sidney Brown reported routine equity compensation activity involving Restricted Stock Units (RSUs). On April 21, 2026, 1,596 RSUs vested and were settled into the same number of Class A Common shares under the company’s equity incentive plan.
Of these shares, 389 were surrendered back to Centrus Energy to satisfy tax withholding obligations. Following these transactions, Brown holds 2,452 shares of Class A Common Stock directly. These events reflect compensation vesting and related tax settlement rather than open-market buying or selling.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,596 shares exercised/converted
Mixed
3 txns
Insider
BROWN PATRICK SIDNEY
Role
SVP, FIELD OPERATIONS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,596 | $0.00 | -- |
| Grant/Award | Class A Common Stock | 1,596 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 389 | $191.55 | $75K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Class A Common Stock — 2,841 shares (Direct, null)
Footnotes (1)
- RSUs issued pursuant to the Company's equity incentive plan on April 21, 2025. 1,596 of such RSUs vested on April 21, 2026 and settled at such time by issuing shares of Class A Common Stock as reported herein. Shares surrended to the Company to satisfy tax withholding. Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock. The RSUs vest on April 21, 2026, provided that Mr. Brown remains actively employed by the Company. Vested shares will be delivered to the reporting person as soon as administratively practicable following vesting.
Key Figures
RSUs vested: 1,596 units
Shares surrendered for taxes: 389 shares
Share price for tax withholding: $191.55 per share
+2 more
5 metrics
RSUs vested
1,596 units
RSUs vested and settled on April 21, 2026
Shares surrendered for taxes
389 shares
Class A Common Stock surrendered to satisfy tax withholding
Share price for tax withholding
$191.55 per share
Value used for 389-share tax-withholding disposition
Shares held after transactions
2,452 shares
Directly held Class A Common Stock following reported activity
RSU exercise price
$0.00 per unit
Conversion of 1,596 RSUs into Class A Common Stock
Key Terms
Restricted Stock Units, equity incentive plan, tax withholding, contingent right
4 terms
Restricted Stock Units financial
"The security title includes "Restricted Stock Units" for the derivative transaction."
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.
equity incentive plan financial
"RSUs issued pursuant to the Company's equity incentive plan on April 21, 2025."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
tax withholding financial
"Shares surrended to the Company to satisfy tax withholding."
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
contingent right financial
"Each RSU represents a contingent right to receive one share of the Company's Class A Common Stock."
FAQ
What insider transactions did Centrus Energy (LEU) report for Patrick Sidney Brown?
Patrick Sidney Brown reported RSU vesting and related share movements. 1,596 Restricted Stock Units vested and converted into Class A Common Stock, and 389 of those shares were surrendered to Centrus Energy to cover tax withholding obligations, leaving him with 2,452 directly held shares.
What are the key details of the RSUs reported for Centrus Energy (LEU)?
The RSUs were granted under Centrus Energy’s equity incentive plan. 1,596 RSUs, originally issued on April 21, 2025, vested on April 21, 2026. Each RSU represented a contingent right to receive one share of Class A Common Stock upon vesting and settlement.