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Ur-Energy (URG) insider awarded stock options and restricted share units

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Ur-Energy Inc. vice president of finance reports new equity awards. A Form 4 discloses that on 12/22/2025 the officer received options to purchase 124,581 common shares at an exercise price of $1.4657 U.S. dollars, equivalent to $2.02 Canadian dollars based on an exchange rate of Cdn$1.00 = US$0.7256 as of the transaction date. These options vest in three equal installments of 41,527 options on 12/22/2026, 12/22/2027, and 12/22/2028, and expire on 12/22/2030.

The filing also shows a grant of 31,145 restricted share units on 12/22/2025. Each unit is redeemable for one common share and will be redeemed for one common share on or within 30 days of 12/22/2027 under the plan terms. Both the options and restricted share units are reported as directly owned by the officer.

Positive

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Negative

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Insider Walle Jade
Role VICE PRESIDENT FINANCE
Type Security Shares Price Value
Grant/Award Common share options (right to buy) 124,581 $0.00 --
Grant/Award Restricted share units (exchange for common shares) 31,145 $0.00 --
Holdings After Transaction: Common share options (right to buy) — 244,581 shares (Direct); Restricted share units (exchange for common shares) — 31,145 shares (Direct)
Footnotes (1)
  1. The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca. The options will vest and become exercisable as follows: 41,527 on 12/22/2026; 41,527 on 12/22/2027; and 41,527 on 12/22/2028. Each unit is redeemable upon vesting for one common share. Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.
Form 4 Insider Transactions: What Each Field Means →
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*
Walle Jade
(Last) (First) (Middle)
10758 W. CENTENNIAL ROAD
SUITE 200
(Street)
LITTLETON CO 80127
(City) (State) (Zip)
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)
VICE PRESIDENT FINANCE
3. Date of Earliest Transaction (Month/Day/Year)
12/22/2025
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
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) $1.4657(1) 12/22/2025 A 124,581 (2) 12/22/2030 Common Shares 124,581 $0 244,581 D
Restricted share units (exchange for common shares) (3) 12/22/2025 A 31,145 (4) (4) Common Shares 31,145 $0 31,145 D
Explanation of Responses:
1. The options were priced at $2.02 Canadian dollars; $1.4657 U.S. dollars is the equivalent of the exercise price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7256) www.bankofcanada.ca.
2. The options will vest and become exercisable as follows: 41,527 on 12/22/2026; 41,527 on 12/22/2027; and 41,527 on 12/22/2028.
3. Each unit is redeemable upon vesting for one common share.
4. Each unit will be redeemed for one common share on or within 30 days of 12/22/2027 per the terms of the plan.
/s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney 12/29/2025
** 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.
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Ur-Energy (URG) disclose in this Form 4?

The filing reports equity awards to the vice president of finance, including options to buy 124,581 common shares and 31,145 restricted share units, all granted on 12/22/2025.

What is the exercise price of the Ur-Energy (URG) stock options granted?

The options have an exercise price of $1.4657 U.S. dollars per share, which is equivalent to $2.02 Canadian dollars based on an exchange rate of Cdn$1.00 = US$0.7256 as of the transaction date.

How do the newly granted Ur-Energy (URG) options vest?

The 124,581 options vest in three equal installments: 41,527 on 12/22/2026, 41,527 on 12/22/2027, and 41,527 on 12/22/2028, with an expiration date of 12/22/2030.

What are the terms of the restricted share units reported for Ur-Energy (URG)?

The officer received 31,145 restricted share units on 12/22/2025. Each unit is redeemable upon vesting for one common share and will be redeemed for one common share on or within 30 days of 12/22/2027 under the plan.

Who is the Ur-Energy (URG) insider involved and what is their role?

The reporting person is an officer of Ur-Energy Inc., serving as vice president finance, and the filing is made for one reporting person.

Are the reported Ur-Energy (URG) derivative securities held directly or indirectly?

Both the stock options and the restricted share units are reported as held in direct ownership by the officer.