Energy Fuels SVP granted RSUs and options

Energy Fuels Inc. SVP German Oscar Armando, Senior Vice President of Global Human Resources, reported new equity awards in the form of restricted share units and stock options.

Rhea-AI Filing Summary

Energy Fuels Inc. SVP German Oscar Armando, Senior Vice President of Global Human Resources, reported new equity awards in the form of restricted share units and stock options. On 01/27/2026, he received 5,331 RSUs, which vest 50% on 01/27/2027, 25% on 01/27/2028, and 25% on 01/27/2029.

He was also granted 6,136 performance-based stock options with a strike price of $26.07, set at a 10% premium to the grant price of $23.70, vesting 50% on 01/27/2027 and 50% on 01/27/2028. A separate transaction withheld 1,165 common shares at $24.16, leaving him with 9,554 common shares held directly and 6,136 options outstanding.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider German Oscar Armando

Role SVP, Global Human Resources

Type	Security	Shares	Price	Value
Grant/Award	Performance-Based Stock Options ("Options")	6,136	$0.00	$0.00
Grant/Award	Common Shares	5,331	$0.00	$0.00
Exercise Price or Tax Liability	Common Shares	1,165	$24.16	$28K

Holdings After Transaction: Performance-Based Stock Options ("Options") — 6,136 contracts (Direct); Common Shares — 9,554 shares (Direct)

Footnotes (2)

1. F1. Reflects grant of 5,331 RSUs which vest as follows: 50% on 1/27/2027; 25% on 1/27/2028; and 25% on 1/27/2029.
2. F2. Reflects grant of 6,136 Options having a strike price at a 10% premium of the grant price of $23.70, which vest as follows: 50% on 1/27/2027 and 50% on 1/27/2028.

FAQ

What did Energy Fuels (UUUU) disclose in this Form 4 filing?

The filing shows Energy Fuels SVP German Oscar Armando received equity-based compensation on 01/27/2026, including 5,331 restricted share units and 6,136 performance-based stock options, plus a tax-related share withholding, updating his directly held common shares and option holdings.

How many RSUs did the Energy Fuels (UUUU) SVP receive and how do they vest?

He received 5,331 RSUs. These vest over three years: 50% on 01/27/2027, 25% on 01/27/2028, and 25% on 01/27/2029, creating a multi-year equity incentive tied to continued service and long-term alignment with Energy Fuels.

What are the terms of the performance-based stock options granted to the Energy Fuels SVP?

He was granted 6,136 performance-based stock options with a strike price of $26.07, set at a 10% premium to the $23.70 grant price. These options vest 50% on 01/27/2027 and 50% on 01/27/2028, encouraging medium-term performance.

Why were 1,165 Energy Fuels (UUUU) common shares reported as disposed of at $24.16?

The 1,165 common shares disposed of at $24.16 were reported with transaction code F, indicating shares withheld to cover taxes related to the equity award. This is a common non-open-market transaction associated with stock-based compensation.

How many Energy Fuels (UUUU) shares does the SVP own after these transactions?

After the reported transactions, the SVP directly holds 9,554 common shares of Energy Fuels and 6,136 performance-based stock options. This reflects the new grants and the tax withholding share reduction recorded on 01/27/2026.

What is the role of the insider involved in this Energy Fuels Form 4?

The reporting person, German Oscar Armando, is an officer of Energy Fuels serving as Senior Vice President, Global Human Resources. The Form 4 details his compensation-related equity grants and resulting beneficial ownership position in company shares and options.

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Accepted by SEC EDGAR 01/29/2026 - 09:46 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
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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^*

German Oscar Armando

(Last) (First) (Middle)

C/O ENERGY FUELS INC.

225 UNION BLVD., SUITE 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)
	SVP, Global Human Resources

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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
Common Shares	01/27/2026		A		5,331(1)	A	$0	10,719	D
Common Shares	01/27/2026		F		1,165	D	$24.16	9,554	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
Performance-Based Stock Options ("Options")	$26.07	01/27/2026		A		6,136		(2)	01/26/2031	Common Shares	6,136	$0	6,136	D

Explanation of Responses:

1. Reflects grant of 5,331 RSUs which vest as follows: 50% on 1/27/2027; 25% on 1/27/2028; and 25% on 1/27/2029.

2. Reflects grant of 6,136 Options having a strike price at a 10% premium of the grant price of $23.70, which vest as follows: 50% on 1/27/2027 and 50% on 1/27/2028.

Remarks:

Exhibit 24.2 Power of Attorney

	/s/ Julia Hoffmeier as attorney-in-fact for Oscar German	01/29/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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