Energy Fuels (UUUU) awards 10,443 RSUs and 12,019 stock options

Rhea-AI Filing Summary

Energy Fuels Inc. granted equity awards to senior executive Misael Cabrera, SVP Regulatory, Environmental and Sustainability Affairs. On 1/27/2026, he received 10,443 common shares in the form of restricted stock units at $0 per share, all held directly.

These 10,443 restricted stock units vest 50% on 1/27/2027, 25% on 1/27/2028, and 25% on 1/27/2029. He also received 12,019 employee stock options with a $26.07 exercise price, set at a 10% premium to a $23.70 grant price, vesting 50% on 1/27/2027 and 50% on 1/27/2028, and expiring on 1/26/2031. The filing notes it was submitted late due to delays in obtaining EDGAR filing codes.

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^*

Cabrera Misael

(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)	X	Other (specify below)
	SVP Regulatory, Environmental		and Sustainability 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		10,443(1)	A	$0	10,443	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
Employee Stock Option (Right to Buy)	$26.07	01/27/2026		A		12,019		(2)	01/26/2031	Common Shares	12,019	$0	12,019	D

Explanation of Responses:

1. Reflects grant of 10,443 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 12,019 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:

This Form 4 is being filed late due to the lengthy delay in obtaining Edgar filing codes.

	/s/ Julia Hoffmeier as attorney-in-fact for Misael Cabrera	02/05/2026
	** 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 equity awards were reported in this Energy Fuels (UUUU) Form 4?

The filing reports grants to SVP Misael Cabrera of 10,443 restricted stock units and 12,019 employee stock options. Both awards were granted on January 27, 2026 and are held directly, with no purchase price paid at grant.

What are the vesting terms of the 10,443 restricted stock units for Energy Fuels (UUUU)?

The 10,443 restricted stock units vest over three years: 50% on 1/27/2027, 25% on 1/27/2028, and 25% on 1/27/2029. This structure encourages longer-term retention and alignment with Energy Fuels’ share performance.

What are the key terms of the 12,019 stock options granted by Energy Fuels (UUUU)?

The 12,019 employee stock options have a $26.07 exercise price, set at a 10% premium to a $23.70 grant price. They vest 50% on 1/27/2027 and 50% on 1/27/2028, and expire on 1/26/2031 if not exercised.

Who is the insider receiving these Energy Fuels (UUUU) equity grants?

The awards were granted to Misael Cabrera, who serves as SVP Regulatory, Environmental and Sustainability Affairs at Energy Fuels Inc. The Form 4 shows he directly holds the reported restricted stock units and stock options after the grants.

Did Energy Fuels (UUUU) SVP pay anything for the reported RSUs and options?

According to the Form 4, the 10,443 restricted stock units and 12,019 options were granted at $0 per unit or option at grant. However, each option can only be exercised later by paying the stated $26.07 exercise price per share.

Why was this Energy Fuels (UUUU) Form 4 filing submitted late?

The remarks section states the Form 4 was filed late because of a lengthy delay in obtaining EDGAR filing codes. This explanation indicates administrative timing issues rather than a change in the substance or size of the reported equity grants.