Energy Fuels (UUUU) grants 7,439 RSUs and 8,558 options to VP Shumway

Rhea-AI Filing Summary

Energy Fuels Inc. filed a Form 4 for its VP, Processing Operations, Logan Shumway, reporting new equity awards in December 2024. On 12/12/2024, Shumway received 7,439 restricted stock units, which vest 50% on 1/27/2025, 25% on 1/27/2026, and 25% on 1/27/2027, at a price of $0. Following this grant, he beneficially owned 123,115 common shares directly. The filing also reports a grant of 8,558 employee stock options with a $7.25 exercise price, described as a 10% premium to a $6.59 grant price, vesting 50% on 12/12/2025 and 50% on 12/12/2026, for a total of 8,558 options held directly. The Form 4 notes that it is being filed late due to an inadvertent administrative error.

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^*

SHUMWAY LOGAN

(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, Processing Operations

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		7,439(1)	A	$0	123,115	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		8,558		(2)	12/11/2029	Common Shares	8,558	$0	8,558	D

Explanation of Responses:

1. Represents grant of 7,439 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 8,558 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 Logan Shumway	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 (UUUU) report for its VP on this Form 4?

The Form 4 reports that VP, Processing Operations Logan Shumway received 7,439 restricted stock units and 8,558 employee stock options in a grant dated 12/12/2024.

How many restricted stock units did the Energy Fuels (UUUU) executive receive and how do they vest?

Logan Shumway received 7,439 restricted stock units, vesting 50% on 1/27/2025, 25% on 1/27/2026, and 25% on 1/27/2027, all at a reported price of $0.

What are the key terms of the stock options granted to the Energy Fuels (UUUU) VP?

He was granted 8,558 employee stock options with a $7.25 exercise price, described as a 10% premium to a $6.59 grant price, vesting 50% on 12/12/2025 and 50% on 12/12/2026, expiring on 12/11/2029.

What is the Energy Fuels (UUUU) executive’s share ownership after the reported transactions?

After the reported transactions, Logan Shumway beneficially owned 123,115 common shares directly and held 8,558 stock options directly.

Why does the Energy Fuels (UUUU) Form 4 mention a late filing?

The remarks section states that the Form 4 is being filed late due to an inadvertent administrative error.

What is the reporting person’s role and relationship to Energy Fuels (UUUU)?

The reporting person, Logan Shumway, is an officer of Energy Fuels Inc., serving as VP, Processing Operations, and files individually on this Form 4.