Energy Fuels (NYSE: UUUU) VP corrects performance stock option grant

Rhea-AI Filing Summary

Energy Fuels Inc. reported an amended insider transaction for its VP Global Human Resources. The Form 4/A shows a grant of 6,080 performance-based stock options with an exercise price of $10.69 per share, granted on 08/05/2025.

The options become exercisable on 08/05/2026 and expire on 08/04/2030. The amendment corrects the previously reported number of performance-based options, which had been miscalculated using the Black-Scholes value intended for non‑performance options. Ownership of the options is reported as direct.

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

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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^*

German Oscar Armando

(Last) (First) (Middle)

C/O ENERGY FUELS INC.

225 UNION BLVD., STE. 600

(Street)

LAKEWOOD CO 80228

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ENERGY FUELS INC [ UUUU ]

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	VP Global Human Resources

3. Date of Earliest Transaction (Month/Day/Year)
08/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)
08/07/2025

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
Performance-Based Stock Options ("Options")	$10.69	08/05/2025		A		6,080		08/05/2026	08/04/2030	Common Shares	6,080	$0	6,080	D

Explanation of Responses:

Remarks:

Amended to correct the number of Performance-Based Options granted, as was previously incorrectly calculated using the Black Scholes value for non-performance options.

	Julia Hoffmeier as Attorney-in-Fact for Oscar German	02/04/2026
	** Signature of Reporting Person	Date
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FAQ

What does the Energy Fuels (UUUU) Form 4/A filing disclose?

The Form 4/A discloses an amended grant of 6,080 performance-based stock options to a company officer. It corrects a prior miscalculation of the grant size that was based on a Black-Scholes value intended for non-performance options.

Who is the insider in the Energy Fuels (UUUU) Form 4/A filing?

The filing reports a transaction for the company’s VP Global Human Resources. The document notes that attorney-in-fact Julia Hoffmeier signed on behalf of the reporting person, indicating a standard authorization rather than a separate economic transaction.

How many stock options were granted in the Energy Fuels (UUUU) amendment?

The amended filing reports a grant of 6,080 performance-based stock options. This replaces a previously incorrect number, which had been calculated using a Black-Scholes value suitable for non-performance options rather than these performance-linked awards.

What are the key terms of the Energy Fuels (UUUU) performance-based options?

The performance-based stock options have an exercise price of $10.69 per share, are exercisable starting 08/05/2026, and expire on 08/04/2030. The filing lists 6,080 underlying common shares and reports the holding as direct ownership.

Did the Energy Fuels (UUUU) Form 4/A show any share sales?

No share sales are shown; the filing reports an acquisition of 6,080 performance-based stock options. The transaction code is recorded as an acquisition, with a price of $0 for the derivative, reflecting a grant rather than a market purchase or sale.

Why was the Energy Fuels (UUUU) stock option grant corrected?

The amendment explains that the original number of performance-based options was incorrectly calculated. The prior figure used a Black-Scholes value intended for non-performance options, so the Form 4/A updates the grant to the correct 6,080 options.