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Energy Fuels (UUUU) reports RSU and stock option awards to CAO & Interim CFO

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Energy Fuels Inc. reported an equity compensation grant to its CAO and Interim CFO on 12/12/2024. The officer received 9,096 restricted stock units, which vest 50% on 1/27/2025, 25% on 1/27/2026, and 25% on 1/27/2027. Following this grant, the officer beneficially owned 47,185 common shares directly.

The filing also records an award of 10,465 employee stock options with a strike price of $7.25, described as a 10% premium to a grant price of $6.59. These options vest 50% on 12/12/2025 and 50% on 12/12/2026, and expire on 12/11/2029. The document notes that the form is being filed late due to an inadvertent administrative error.

Positive

  • None.

Negative

  • None.
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*
Bennett Nathan Reed

(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)
CAO & Interim CFO
3. Date of Earliest Transaction (Month/Day/Year)
12/12/2024
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 12/12/2024 A 9,096(1) A $0 47,185 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) $7.25 12/12/2024 A 10,465 (2) 12/11/2029 Common Shares 10,465 $0 10,465 D
Explanation of Responses:
1. Reflects grant of 9,096 restricted stock units which vest as follows: 50% on 1/27/2025; 25% on 1/27/2026; and 25% on 1/27/2027.
2. Reflects grant of 10,465 options having a strike price at a 10% premium of the grant price of $6.59, which vest as follows: 50% on 12/12/2025 and 50% on 12/12/2026.
Remarks:
TOTAL BALANCE IN COLUMN 5 OF TABLE I REFLECTS THE REPORTING PERSON'S TOTAL COMMON SHARE BALANCE AS OF THE DATE OF THIS FORM 4 THIS FORM 4 FORM 4 IS BEING FILED LATE DUE TO AN INADVERTENT ADMINISTRATIVE ERROR
/s/ David Frydenlund as attorney-in-fact for Nathan Reed Bennett 12/01/2025
** 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 insider transaction did Energy Fuels Inc (UUUU) report in this Form 4?

The company reported that its CAO and Interim CFO received 9,096 restricted stock units and 10,465 employee stock options in an equity compensation grant dated 12/12/2024.

How do the restricted stock units granted by Energy Fuels Inc (UUUU) vest?

The 9,096 restricted stock units vest in three tranches: 50% on 1/27/2025, 25% on 1/27/2026, and 25% on 1/27/2027.

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

The officer received 10,465 employee stock options with a strike price of $7.25, described as a 10% premium to a grant price of $6.59. They vest 50% on 12/12/2025 and 50% on 12/12/2026, and expire on 12/11/2029.

How many Energy Fuels Inc (UUUU) common shares does the reporting person own after this transaction?

After the reported equity awards, the officer beneficially owned 47,185 common shares directly.

Was this Energy Fuels Inc (UUUU) Form 4 filed on time?

No. The remarks section states that the Form 4 is being filed late due to an inadvertent administrative error.

Who is the reporting person in this Energy Fuels Inc (UUUU) Form 4 and what is their role?

The reporting person is an officer of Energy Fuels Inc serving as CAO & Interim CFO, as indicated in the relationship section.

Energy Fuels

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3.58B
233.38M
1.66%
64.07%
12.62%
Uranium
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
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United States
LAKEWOOD