Ur-Energy director sells 77,751 shares after exercise
Rhea-AI Filing Summary
UR-ENERGY INC (URG) director John Cash reported an option exercise and related share sale. He exercised 77,751 common share options at an exercise price of US$1.0403 per share (C$1.44), acquiring 77,751 Common Shares, and on the same date sold 77,751 Common Shares at US$1.4103 per share (C$1.9523). Following the derivative transaction, he held 1,040,617 common share options directly, with the options originally granted on August 27, 2021 and vesting in three equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise and Sale: 77,751 shares ($29K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
CASH JOHN
Role
Director
Sold
77,751 shs ($110K)
Approx. gross sale proceeds
$110K
Approx. exercise cost
$81K
Approx. pre-tax spread
$29K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common share options (right to buy) F1, F3 | 77,751 | $0.00 | $0.00 |
| Exercise | Common Shares F1 | 77,751 | $1.0403 | $81K |
| Sale | Common Shares F2 | 77,751 | $1.4103 | $110K |
Holdings After Transaction:
Common share options (right to buy) — 1,040,617 shares (Direct);
Common Shares — 696,264 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 $1.9523 Canadian dollars, $1.4103 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 77,751 options were granted on 8/27/2021 and vested and became exercisable as follows: 25,917 on 8/27/2022; 25,917 on 8/27/2023; and 25,917 on 8/27/2024.
Key Figures
Options exercised: 77,751 options
Exercise price per share: US$1.0403 per share
Shares sold: 77,751 Common Shares
+4 more
7 metrics
Options exercised
77,751 options
Common share options exercised by John Cash on 2026-08-24
Exercise price per share
US$1.0403 per share
Exercise price for 77,751 common share options (C$1.44 equivalent)
Shares sold
77,751 Common Shares
Common Shares sold on 2026-08-24
Sale price per share
US$1.4103 per share
Sales price for 77,751 Common Shares (C$1.9523 equivalent)
Options held after transaction
1,040,617 options
Common share options held directly by John Cash following the derivative transaction
Option grant date
August 27, 2021
Grant date for the 77,751 options exercised
Option vesting tranches
25,917 options per tranche
Vested on August 27, 2022; August 27, 2023; and August 27, 2024
Key Terms
Common share options (right to buy), Exercise or conversion of derivative security, derivative security, exercise price
4 terms
Exercise or conversion of derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
derivative security financial
"transaction_type: "derivative" for the option exercise entry"
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
"conversion_or_exercise_price: "1.0403" as the exercise price per share"
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 director John Cash report on this Form 4?
John Cash exercised 77,751 common share options of UR-ENERGY INC, acquiring 77,751 Common Shares, and then sold 77,751 Common Shares on the same date. The transactions involved both an option exercise and a sale of the resulting shares.
How many URG options does John Cash hold after these transactions?
After the reported derivative transaction, John Cash held 1,040,617 common share options directly. This figure relates to options on UR-ENERGY INC common shares and reflects his position following the exercise of 77,751 options.
Were John Cash’s URG transactions reported under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not checked, and the footnotes do not state that the transactions were made pursuant to a Rule 10b5-1 trading arrangement. The filing therefore does not identify these trades as plan-based.
When were the URG options that John Cash exercised originally granted and how did they vest?
The 77,751 options were granted on August 27, 2021. They vested and became exercisable in three tranches of 25,917 options each on August 27, 2022, August 27, 2023, and August 27, 2024, according to the footnote.
What type of transaction code was used for John Cash’s URG Form 4 entries?
The option exercise and related share acquisition and sale used codes M for the exercise or conversion of a derivative security and S for the sale of common shares. These codes classify the transactions as an option exercise followed by a share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
