Energy Fuels (UUUU) VP Bakken receives RSUs, options and withholds shares for taxes

Rhea-AI Filing Summary

Energy Fuels Inc. VP of Regulatory Affairs Scott Bakken reported new equity awards and a related tax share withholding. On January 27, 2026, he received 5,260 restricted stock units, which vest 50% on January 27, 2027, 25% on January 27, 2028, and 25% on January 27, 2029. He also received 6,054 performance-based stock options with a $26.07 exercise price, vesting 50% on January 27, 2027 and 50% on January 27, 2028. The filing shows 5,646 common shares were disposed of at $24.16 per share under code F, typically used for shares withheld to cover taxes, leaving him with 113,679 common shares owned directly after these transactions.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider BAKKEN SCOTT

Role VP, Regulatory Affairs

Type	Security	Shares	Price	Value
Grant/Award	Performance-Based Stock Options ("Options")	6,054	$0.00	--
Grant/Award	Common Shares	5,260	$0.00	--
Tax Withholding	Common Shares	5,646	$24.16	$136K

Holdings After Transaction: Performance-Based Stock Options ("Options") — 6,054 shares (Direct); Common Shares — 119,325 shares (Direct)

Footnotes (1)

1. Reflects grant of 5,260 restricted stock units which vest as follows: 50% on 1/27/2027; 25% on 1/27/2028; and 25% on 1/27/2029. Reflects grant of 6,054 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.

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

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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^*

BAKKEN SCOTT

(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)
	VP, Regulatory Affairs

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		5,260(1)	A	$0	119,325	D
Common Shares	01/27/2026		F		5,646	D	$24.16	113,679	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		6,054		(2)	01/26/2031	Common Shares	6,054	$0	6,054	D

Explanation of Responses:

1. Reflects grant of 5,260 restricted stock units which vest as follows: 50% on 1/27/2027; 25% on 1/27/2028; and 25% on 1/27/2029.

2. Reflects grant of 6,054 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 Scott Bakken	01/30/2026
	** 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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FAQ

What insider transactions did Energy Fuels (UUUU) report for Scott Bakken?

Scott Bakken reported receiving 5,260 restricted stock units and 6,054 performance-based stock options on January 27, 2026. The filing also shows 5,646 common shares disposed at $24.16, leaving him directly holding 113,679 Energy Fuels common shares after the reported transactions.

How many restricted stock units did Scott Bakken receive from Energy Fuels (UUUU)?

Scott Bakken received 5,260 restricted stock units from Energy Fuels on January 27, 2026. These units vest over three years: 50% on January 27, 2027, 25% on January 27, 2028, and the remaining 25% on January 27, 2029, aligning incentives with longer-term company performance.

What are the terms of Scott Bakken’s performance-based stock options at Energy Fuels (UUUU)?

Scott Bakken received 6,054 performance-based stock options with a $26.07 exercise price on January 27, 2026. The footnote explains this strike is a 10% premium to a $23.70 grant price, and the options vest 50% on January 27, 2027 and 50% on January 27, 2028.

Why did Scott Bakken dispose of 5,646 Energy Fuels (UUUU) shares in this Form 4?

The Form 4 lists a disposition of 5,646 common shares at $24.16 using transaction code F. Code F typically indicates shares were surrendered or withheld to satisfy tax obligations arising from equity awards, rather than an open-market sale initiated for portfolio reasons.

How many Energy Fuels (UUUU) shares does Scott Bakken own after these transactions?

After the January 27, 2026 transactions, Scott Bakken directly owns 113,679 Energy Fuels common shares. This figure reflects the grant of 5,260 restricted stock units and the disposition of 5,646 shares under code F, as reported in Table I of the Form 4.

What is Scott Bakken’s role at Energy Fuels (UUUU) in this Form 4 filing?

In this Form 4, Scott Bakken is identified as an officer of Energy Fuels, serving as VP, Regulatory Affairs. The filing shows equity compensation grants and related share withholding, which are typical components of senior officer compensation structures at publicly traded companies.