Ur-Energy director exercises options, sells shares
Rhea-AI Filing Summary
UR-ENERGY INC (URG) director Robby Sai Kit Chang exercised 87,858 common share options on 2026-08-24 at an exercise price of US$1.0403 per share (equivalent to Cdn$1.44) and acquired the same number of common shares. On the same date, he sold 75,588 common shares at US$1.4090 per share (equivalent to Cdn$1.9504). After the option exercise, he held 340,134 options to purchase additional common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and sale activity reported; no spread calculated
Exercise and Sale
3 txns
Insider
Chang Robby Sai Kit
Role
Director
Sold
75,588 shs ($107K)
Approx. gross sale proceeds
$107K
Approx. exercise cost
$91K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common share options (right to buy) F1, F3 | 87,858 | $0.00 | $0.00 |
| Exercise | Common Shares F1 | 87,858 | $1.0403 | $91K |
| Sale | Common Shares F2 | 75,588 | $1.409 | $107K |
Holdings After Transaction:
Common share options (right to buy) — 340,134 shares (Direct);
Common Shares — 96,449 shares (Direct)
Footnotes (3)
- F1. The options were exercised and the shares were acquired at $1.44 Canadian dollars, $1.0403 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7224).
- F2. The shares were sold at $1.9504 Canadian dollars, $1.4090 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$0.7224).
- F3. The 87,858 options were granted on 8/27/2021 and vested and became exercisable as follows: 29,286 on 8/27/2022; 29,286 on 8/27/2023; and 29,286 on 8/27/2024.
Key Figures
Options exercised: 87,858 options
Exercise price: US$1.0403 per share (Cdn$1.44)
Shares sold: 75,588 common shares
+3 more
6 metrics
Options exercised
87,858 options
Common share options exercised on 2026-08-24
Exercise price
US$1.0403 per share (Cdn$1.44)
Price for exercising 87,858 options on 2026-08-24
Shares sold
75,588 common shares
Sale transaction on 2026-08-24
Sale price
US$1.4090 per share (Cdn$1.9504)
Price for sale of 75,588 common shares on 2026-08-24
Options held after exercise
340,134 options
Common share options held following the reported transactions
Exchange rate
Cdn$1.00 = US$0.7224
Rate used to convert Canadian dollar prices to U.S. dollars on transaction date
Key Terms
Common share options (right to buy), derivative security, exercise price, vested and became exercisable
4 terms
derivative security financial
"Transaction code M described as 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.
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.
vested and became exercisable financial
"The 87,858 options were granted on 8/27/2021 and vested and became exercisable"
FAQ
What insider transactions did URG director Robby Sai Kit Chang report on this Form 4?
He reported exercising 87,858 common share options at US$1.0403 per share, acquiring 87,858 common shares, and selling 75,588 common shares at US$1.4090 per share, all on 2026-08-24.
What was the option exercise price reported by URG insider Chang?
The options were exercised at Cdn$1.44 per share, which the filing states was equivalent to US$1.0403 per share based on an exchange rate of Cdn$1.00 = US$0.7224 on the transaction date.
Were the URG insider transactions made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox as not affirmed (aff_10b5_one = false), and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading plan.
When were the exercised URG options originally granted and how did they vest?
The 87,858 options were granted on 2021-08-27 and vested in three equal installments of 29,286 options each on 2022-08-27, 2023-08-27, and 2024-08-27.
AI-generated analysis. How Rhea-AI works. Not financial advice.
