Uranium Energy Corp (NYSE: UEC) grants options and RSUs to director Spencer Abraham
Rhea-AI Filing Summary
URANIUM ENERGY CORP director Spencer Abraham reported equity compensation awards. He received 1,623 options to buy common stock at an exercise price of $11.21 per share, expiring on August 14, 2036. These options vest over 24 months in several tranches. He also received 1,015 Restricted Stock Units (RSUs), each representing one share of common stock at settlement. After this RSU grant, his directly held RSUs total 35,883 units. The RSUs vest in three equal annual installments beginning July 31, 2027, with vested shares delivered no later than August 30 of each year, subject to continued Board service.
Positive
- None.
Negative
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Abraham Spencer
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Options (right to buy) F1 | 1,623 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units F2, F3 | 1,015 | $0.00 | $0.00 |
Holdings After Transaction:
Options (right to buy) — 1,623 shares (Direct);
Restricted Stock Units — 35,883 shares (Direct)
Footnotes (3)
- F1. Options vest over a 24-month period (12.5% three and six months from the date of grant; and 25% 12, 18 and 24 months from the date of grant).
- F2. Each Restricted Stock Unit represents the right to receive, at settlement, one share of the Issuer's common stock.
- F3. The Restricted Stock Units vest in three equal annual installments beginning July 31, 2027, subject to continued Board service through the applicable vesting date. Vested shares will be delivered to the reporting person no later than August 30th of each year.
Key Figures
Options Granted: 1,623 options
Option Exercise Price: $11.21 per share
Option Expiration: 2036-08-14
+4 more
7 metrics
Options Granted
1,623 options
Options (right to buy) granted on 2026-08-14
Option Exercise Price
$11.21 per share
Exercise price for options granted to Spencer Abraham
Option Expiration
2036-08-14
Expiration date of granted options
RSUs Granted
1,015 units
Restricted Stock Units granted on 2026-08-14
RSUs After Grant
35,883 units
Total directly held RSUs following the reported transaction
Option Vesting Percentages
12.5%, 12.5%, 25%, 25%, 25%
Vesting schedule over 24 months for options grant
RSU Vesting Start
July 31, 2027
Date first RSU installment vests, in three equal annual installments
Key Terms
Options (right to buy), Restricted Stock Units, exercise price, vesting
4 terms
Options (right to buy) financial
"security_title: Options (right to buy)"
Restricted Stock Units financial
"security_title: 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.
exercise price financial
"conversion_or_exercise_price: 11.2100"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"Options vest over a 24-month period"
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.
FAQ
What equity awards did UEC director Spencer Abraham receive in this Form 4?
Spencer Abraham received 1,623 stock options with an exercise price of $11.21 and 1,015 Restricted Stock Units (RSUs). The options and RSUs both relate to URANIUM ENERGY CORP (UEC) common stock as part of his director compensation.
What are the key terms of Spencer Abraham’s stock options at UEC?
He was granted 1,623 options with an exercise price of $11.21 per share, expiring on August 14, 2036. These options vest over 24 months in multiple tranches, contingent on continued eligibility.
How do the new RSUs granted to Spencer Abraham at UEC vest?
The 1,015 RSUs vest in three equal annual installments starting July 31, 2027. Vested shares are delivered no later than August 30 of each year, provided he continues his Board service through each vesting date.
How many Restricted Stock Units does Spencer Abraham hold after this UEC filing?
Following this grant, Spencer Abraham holds 35,883 RSUs directly. Each RSU represents the right to receive one share of URANIUM ENERGY CORP common stock at settlement, subject to the specified vesting conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.