Uranium Energy director nets 68,007 shares after option exercise; sells 50,800

Rhea-AI Filing Summary

Uranium Energy Corp director David Kong exercised 75,000 stock options with an exercise price of $0.91 using a net-share settlement that withheld 6,993 shares equal to the exercise price, resulting in issuance of 68,007 shares to him. The filing also reports a sale of 50,800 shares at $9.6199 and the withholding/disposition of 6,993 shares at $9.76 related to the exercise. Following these transactions the Form 4 shows beneficial ownership figures of 182,237 shares of common stock and 114,331 derivative securities (options). The report documents routine insider option exercise and related share sale activity.

Positive

• Exercised 75,000 options at a stated exercise price of $0.91
• Issued 68,007 shares to the reporting person after net-share withholding
• Retains 114,331 derivative securities (options) following the reported transactions
• Filing includes explicit explanations of the net-share exercise and withholding amounts

Negative

• Sold 50,800 shares at $9.6199, a material disposition of common stock
• 6,993 shares withheld/disposed to cover the exercise price at $9.76, reducing issued shares available
• Common stock beneficial ownership reported at 182,237 shares after transactions, indicating a reduction from prior reported lines

Insights

Securities Analyst

TL;DR Insider exercised 75,000 options at $0.91, received 68,007 shares after withholding, and sold 50,800 shares; holdings reported.

The Form 4 discloses a net-share exercise of 75,000 options with an exercise price of $0.91, where 6,993 shares were withheld to cover the exercise cost and 68,007 shares were issued. Separately, 50,800 shares were sold at $9.6199. Post-transaction beneficial ownership is shown as 182,237 common shares and 114,331 options. This is a clear, itemized insider transaction disclosure without additional qualifiers in the filing.

Corporate Governance Expert

TL;DR The filing shows a routine option exercise with net-share settlement and an associated open-market sale; disclosures appear complete.

The reporting person elected the plan's deemed net-stock exercise provision, resulting in 6,993 shares being withheld at $9.76 to satisfy the exercise cost and issuance of 68,007 shares. An S-coded disposition of 50,800 shares at $9.6199 is reported. The Form 4 includes signature and explanatory remarks consistent with standard Section 16 disclosure procedures.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

KONG DAVID

(Last) (First) (Middle)

7440 AFTON DRIVE

(Street)

RICHMOND A1 V7A 1A3

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
URANIUM ENERGY CORP [ UEC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
08/06/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/06/2025		M		75,000	A	$0.91(1)	240,030	D
Common Stock	08/06/2025		F		6,993	D	$9.76(1)	233,037	D
Common Stock	08/06/2025		S		50,800	D	$9.6199	182,237	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Options	$0.91	08/06/2025		M			75,000	10/16/2020	07/16/2030	Common Stock	75,000	(2)	114,331	D

Explanation of Responses:

1. The Reporting Person exercised options previously granted to him under the Company stock incentive plan, electing to pay the exercise price pursuant to the deemed net-stock exercise provision of such plan. As such, the Issuer withheld 6,993 shares at a fair market value of $9.76 per share being equal to the exercise price, such that the Reporting Person was issued 68,007 shares.

2. Granted pursuant to and in accordance with the Company's stock incentive plan.

	/s/ David Kong	08/08/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did David Kong report on the UEC Form 4 filing?

The filing shows Mr. Kong exercised 75,000 options (exercise price $0.91), had 6,993 shares withheld, was issued 68,007 shares, and sold 50,800 shares at $9.6199.

How many shares did the reporting person own after the transactions (UEC)?

The Form 4 lists beneficial ownership of 182,237 common shares following the reported transactions.

How many derivative securities (options) does the filing show after the transactions?

The filing shows 114,331 derivative securities (options) beneficially owned following the reported transactions.

Were any shares withheld to cover option exercise on the UEC Form 4?

Yes. 6,993 shares were withheld at a fair market value of $9.76 per the filing to satisfy the exercise price under the plan.

At what price were shares sold by David Kong according to the filing?

The filing reports a sale of 50,800 shares at $9.6199 per share.