Energy Fuels grants RSUs and options to new EVP

Energy Fuels Inc executive Werner Duvenhage, EVP Heavy Mineral Sands and Rare Earths, received new equity-based compensation effective August 4, 2026.

Rhea-AI Filing Summary

Energy Fuels Inc executive Werner Duvenhage, EVP Heavy Mineral Sands and Rare Earths, received new equity-based compensation effective August 4, 2026. He was granted 10,796 unvested restricted stock units (RSUs) at a reference price of $12.15 per common share. He was also granted 11,830 performance-based stock options with an exercise price of $13.37 per share, a 10% premium to the $12.15 grant price, expiring on August 3, 2031. All positions are held directly, with post-transaction holdings of 10,796 common shares (via RSUs) and 11,830 performance-based options. The company notes this report was filed late due to delays obtaining his SEC filing codes.

Insider Trade Summary

Grant/Award: 22,626 shares

Grant/Award 2 txns

Insider Duvenhage Werner

Role EVP Heavy Mineral Sands

Type	Security	Shares	Price	Value
Grant/Award	Performance-Based Stock Options F2	11,830	$0.00	$0.00
Grant/Award	Common Shares F1	10,796	$0.00	$0.00

Holdings After Transaction: Performance-Based Stock Options — 11,830 contracts (Direct); Common Shares — 10,796 shares (Direct)

Footnotes (2)

1. F1. The amount reported in Table I, Section 4 represents unvested restricted stock units ("RSUs") issued at a price of $12.15/common share, which were granted to Reporting Person by the Issuer, effective as of August 4, 2026, and vesting as follows: 50% on 01/27/2027; 25% on 01/27/2028; and 25% on 01/27/2029.
2. F2. The amount reported in Table II, Section 5 represents 11,830 unvested Performance-Based Stock Options granted to Reporting Person by the Issuer with a strike price at a 10% premium from the grant price of $12.15, effective as of August 4, 2026 and vesting as follows 50% one year from the effective date of grant; and 50% two years from the effective date of grant. The grant has a term of five years.

Key Figures

RSUs granted: 10,796 shares RSU grant price: $12.15 per common share Performance-based options granted: 11,830 options +4 more

7 metrics

RSUs granted 10,796 shares Unvested restricted stock units granted effective August 4, 2026

RSU grant price $12.15 per common share Reference price for unvested RSUs reported in footnote

Performance-based options granted 11,830 options Unvested performance-based stock options granted effective August 4, 2026

Option strike price $13.37 per share Exercise price set at a 10% premium to the $12.15 grant price

Option expiration date August 3, 2031 Expiration for performance-based stock options; grant has a five-year term

RSU vesting schedule 50% / 25% / 25% Vesting on 01/27/2027, 01/27/2028, and 01/27/2029, respectively

Option vesting schedule 50% + 50% Options vest 50% one year and 50% two years from grant date

Key Terms

restricted stock units ("RSUs"), Performance-Based Stock Options, strike price, term of five years

4 terms

restricted stock units ("RSUs") financial

"represents unvested restricted stock units ("RSUs") issued at a price of $12.15/common share"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Performance-Based Stock Options financial

"represents 11,830 unvested Performance-Based Stock Options granted to Reporting Person"

strike price financial

"Performance-Based Stock Options granted ... with a strike price at a 10% premium"

The strike price is the fixed price at which an option gives its holder the right to buy or sell an underlying stock. Think of it like a coupon that lets you transact at a pre-agreed price regardless of the market; for investors it determines whether an option will be profitable, influences potential gains or losses, and is a key factor in the option’s market value and risk profile.

term of five years financial

"The grant has a term of five years."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What equity awards did Energy Fuels (UUUU) grant to Werner Duvenhage?

Werner Duvenhage received 10,796 unvested RSUs at a reference price of $12.15 per share and 11,830 performance-based stock options with a $13.37 strike price, all effective August 4, 2026.

How do the new RSUs for Energy Fuels (UUUU) executive vest?

The 10,796 unvested RSUs vest in three tranches: 50% on January 27, 2027, 25% on January 27, 2028, and 25% on January 27, 2029, subject to applicable conditions.

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

The grant includes 11,830 performance-based stock options with a $13.37 strike, effective August 4, 2026, vesting 50% one year after grant and 50% two years after grant, with a five-year term.

What are Werner Duvenhage’s reported holdings in Energy Fuels (UUUU) after these grants?

After the August 4, 2026 grants, Duvenhage is reported to hold 10,796 common shares via RSUs and 11,830 performance-based stock options, all as direct holdings.

Why was this Form 4 for Energy Fuels (UUUU) filed late?

The report states it was filed late due to an inability to secure the reporting person’s SEC filing codes within two business days of the grant date, which followed his effective employment date by one day.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 08/12/2026 - 05:14 PM Accepted by SEC EDGAR 08/12/2026 - 05:14 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
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^*

Duvenhage Werner

(Last) (First) (Middle)

C/O ENERGY FUELS INC.

225 UNION BLVD., SUITE 600

(Street)

LAKEWOOD COLORADO 80228

(City) (State) (Zip)

UNITED STATES

(Country)

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)
	EVP Heavy Mineral Sands		and Rare Earths

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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

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	08/04/2026		A		10,796(1)	A	$0	10,796	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	$13.37	08/04/2026		A		11,830(2)		(2)	08/03/2031	Common Shares	11,830	$0	11,830	D

Explanation of Responses:

1. The amount reported in Table I, Section 4 represents unvested restricted stock units ("RSUs") issued at a price of $12.15/common share, which were granted to Reporting Person by the Issuer, effective as of August 4, 2026, and vesting as follows: 50% on 01/27/2027; 25% on 01/27/2028; and 25% on 01/27/2029.

2. The amount reported in Table II, Section 5 represents 11,830 unvested Performance-Based Stock Options granted to Reporting Person by the Issuer with a strike price at a 10% premium from the grant price of $12.15, effective as of August 4, 2026 and vesting as follows 50% one year from the effective date of grant; and 50% two years from the effective date of grant. The grant has a term of five years.

Remarks:

This Form 4 is being filed late due to an inability to secure Reporting Person's SEC filing codes within two business days of the grant date, which was one day after his effective date of employment.

	/s/ Werner Duvenhage	08/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)