Energy Fuels (UUUU) director gets 4,409 restricted share units in new grant

Rhea-AI Filing Summary

Energy Fuels Inc. director Michael Stirzaker received an equity grant of 4,409 common-share-based restricted share units on 01/27/2026 at a price of $0 per unit. These units vest over three years: 50% on 01/27/2027, 25% on 01/27/2028, and 25% on 01/27/2029.

After this grant, Stirzaker is shown as directly beneficially owning 27,942 common shares. In addition, 11,050 common shares are held indirectly through Stith Pty Ltd, a private Australian company wholly owned by a discretionary family trust in which he is a named beneficiary.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider STIRZAKER MICHAEL

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Shares	4,409	$0.00	--
holding	Common Shares	--	--	--

Holdings After Transaction: Common Shares — 27,942 shares (Direct); Common Shares — 11,050 shares (Indirect, Stith Pty Ltd)

Footnotes (1)

1. Represents grant of 4,409 restricted share units, which vest as follows: 50% on 1/27/2027; 25% on 1/27/2028; and 25% on 1/27/2029. The common shares are held through a private Australian company that is wholly-owned by a discretionary family trust, of which Mr. Stirzaker is a named beneficiary.

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^*

STIRZAKER MICHAEL

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

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		4,409(1)	A	$0	27,942	D
Common Shares								11,050	I	Stith Pty Ltd(2)

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

Explanation of Responses:

1. Represents grant of 4,409 restricted share units, which vest as follows: 50% on 1/27/2027; 25% on 1/27/2028; and 25% on 1/27/2029.

2. The common shares are held through a private Australian company that is wholly-owned by a discretionary family trust, of which Mr. Stirzaker is a named beneficiary.

Remarks:

Exhibit 24.2 Power of Attorney

	/s/ Julia Hoffmeier as attorney-in-fact for Michael Stirzaker	01/29/2026
	** 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.

FAQ

What did Energy Fuels (UUUU) disclose about Michael Stirzaker’s new equity grant?

Energy Fuels disclosed that director Michael Stirzaker received a grant of 4,409 restricted share units on January 27, 2026, at a price of $0 per unit. These awards are common-share-based and represent part of his equity compensation as a board member.

How do Michael Stirzaker’s 4,409 restricted share units in Energy Fuels (UUUU) vest?

The 4,409 restricted share units vest in three tranches over time. Half of the units vest on January 27, 2027, while 25% vest on January 27, 2028, and the remaining 25% vest on January 27, 2029, creating a multi-year retention schedule.

How many Energy Fuels (UUUU) shares does Michael Stirzaker directly own after this Form 4?

Following the reported grant, Michael Stirzaker is shown as directly beneficially owning 27,942 common shares of Energy Fuels Inc. This figure reflects his direct holdings after adding the 4,409 restricted share units reported in the January 27, 2026 transaction.

What indirect Energy Fuels (UUUU) shareholdings are associated with Michael Stirzaker?

The filing reports an additional 11,050 common shares held indirectly through Stith Pty Ltd. Stith Pty Ltd is a private Australian company wholly owned by a discretionary family trust, of which Michael Stirzaker is named as a beneficiary, linking him economically to those shares.

What is Stith Pty Ltd’s role in Energy Fuels (UUUU) share ownership for Michael Stirzaker?

Stith Pty Ltd is described as a private Australian company wholly owned by a discretionary family trust. That trust holds Energy Fuels common shares, and Michael Stirzaker is a named beneficiary, so the Form 4 treats 11,050 shares as indirectly beneficially owned through this structure.

What type of transaction was reported for Energy Fuels (UUUU) on January 27, 2026?

The transaction reported on January 27, 2026 is coded as an acquisition of common-share-based restricted share units. The director received 4,409 units at a stated price of $0, indicating a compensatory grant rather than an open-market purchase for cash consideration.