Ur-Energy COO exercises, sells 81K shares

UR-ENERGY INC (URG) reported that Chief Operating Officer Steven M. Hatten exercised 81,576 common share options on 2026-08-21 at an exercise price of US$1.0464 per share (Cdn$1.44, based on Cdn$1.00 = US$0.7267), acquiring an equal number of common shares.

Rhea-AI Filing Summary

UR-ENERGY INC (URG) reported that Chief Operating Officer Steven M. Hatten exercised 81,576 common share options on 2026-08-21 at an exercise price of US$1.0464 per share (Cdn$1.44, based on Cdn$1.00 = US$0.7267), acquiring an equal number of common shares. On the same date, he sold 81,576 common shares at US$1.3880 per share (Cdn$1.91) in an open-market or private transaction. After the option exercise, he directly held 526,572 common shares. The 81,576 options were originally granted on 2021-08-27 and vested in three equal annual installments from 2022 through 2024.

Insider Trade Summary

Exercise and Sale: 81,576 shares ($28K approx. pre-tax spread)

Exercise and Sale 3 txns

Insider HATTEN STEVEN M.

Role Chief Operating Officer

Sold 81,576 shs ($113K)

Approx. gross sale proceeds $113K

Approx. exercise cost $85K

Approx. pre-tax spread $28K

Type	Security	Shares	Price	Value
Exercise	Common share options (right to buy) F1, F3	81,576	$0.00	$0.00
Exercise	Common Shares F1	81,576	$1.0464	$85K
Sale	Common Shares F2	81,576	$1.388	$113K

Holdings After Transaction: Common share options (right to buy) — 526,572 contracts (Direct); Common Shares — 345,764 shares (Direct)

Footnotes (3)

1. F1. The options were exercised and the shares were acquired at $1.44 Canadian dollars, $1.0464 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7267).
2. F2. The shares were sold at $1.91 Canadian dollars, $1.3880 U.S. dollars is the equivalent of the sales price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7267).
3. F3. The 81,576 options were granted on 8/27/2021 and vested and became exercisable as follows: 27,192 on 8/27/2022; 27,192 on 8/27/2023; and 27,192 on 8/27/2024.

Key Figures

Options exercised: 81,576 options Exercise price per share: US$1.0464 per share Shares sold: 81,576 shares +4 more

7 metrics

Options exercised 81,576 options Common share options exercised on 2026-08-21

Exercise price per share US$1.0464 per share Equivalent to Cdn$1.44 based on Cdn$1.00 = US$0.7267

Shares sold 81,576 shares Common shares sold on 2026-08-21

Sale price per share US$1.3880 per share Equivalent to Cdn$1.91 based on Cdn$1.00 = US$0.7267

Shares owned after exercise 526,572 common shares Direct holdings following the reported option exercise

Option grant date 2021-08-27 Grant date of the 81,576 options exercised

Option vesting tranches 27,192 options on each of 2022-08-27, 2023-08-27, 2024-08-27 Vesting schedule for the 81,576 options

Key Terms

Common share options (right to buy), derivative security, vested and became exercisable, exercise price

4 terms

Common share options (right to buy) financial

"security_title": "Common share options (right to buy)"

derivative security financial

"transaction_code_description": "Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

vested and became exercisable financial

"and vested and became exercisable as follows: 27,192 on 8/27/2022"

exercise price financial

"The options were exercised and the shares were acquired at $1.44 Canadian dollars"

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.

FAQ

What insider transactions did URG executive Steven M. Hatten report on this Form 4?

Steven M. Hatten exercised 81,576 common share options at US$1.0464 per share and sold 81,576 common shares at US$1.3880 per share on 2026-08-21, in linked exercise-and-sell transactions.

At what prices did Steven M. Hatten exercise and sell URG shares?

He exercised options at US$1.0464 per share (Cdn$1.44) and sold the resulting shares at US$1.3880 per share (Cdn$1.91). Both U.S. prices reflect an exchange rate of Cdn$1.00 = US$0.7267 on the transaction date.

How many URG shares does Steven M. Hatten hold after these transactions?

Following the option exercise reported, Steven M. Hatten directly owned 526,572 common shares of UR-ENERGY INC. The filing does not state any change to this figure from the same-day sale leg.

When were the URG options exercised by Steven M. Hatten originally granted and how did they vest?

The 81,576 options were granted on 2021-08-27 and vested in three equal tranches of 27,192 options each on 2022-08-27, 2023-08-27, and 2024-08-27, after which they became exercisable.

Were the reported URG transactions under a Rule 10b5-1 trading plan?

The filing’s Rule 10b5-1 checkbox is not checked, and no footnote states that the transactions were executed pursuant to a Rule 10b5-1 trading plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/24/2026 - 05:05 PM Accepted by SEC EDGAR 08/24/2026 - 05:05 PM Learn about SEC filing dates

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

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

HATTEN STEVEN M.

(Last) (First) (Middle)

10758 W. CENTENNIAL ROAD

SUITE 200

(Street)

LITTLETON COLORADO 80127

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
UR-ENERGY INC [ URG ]

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

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

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

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

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 Shares	08/21/2026		M		81,576	A	$1.0464(1)	427,340	D
Common Shares	08/21/2026		S		81,576	D	$1.388(2)	345,764	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
Common share options (right to buy)	$1.0464(1)	08/21/2026		M			81,576	(3)	08/27/2026	Common Shares	81,576	$0	526,572	D

Explanation of Responses:

1. The options were exercised and the shares were acquired at $1.44 Canadian dollars, $1.0464 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7267).

2. The shares were sold at $1.91 Canadian dollars, $1.3880 U.S. dollars is the equivalent of the sales price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7267).

3. The 81,576 options were granted on 8/27/2021 and vested and became exercisable as follows: 27,192 on 8/27/2022; 27,192 on 8/27/2023; and 27,192 on 8/27/2024.

	/s/ Roger L. Smith, Roger L. Smith, pursuant to Power of Attorney	08/24/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)