Energy Fuels (UUUU) grants 7,439 RSUs and 8,558 options to VP Shumway
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SHUMWAY LOGAN
Role
VP, Processing Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee Stock Option (Right to Buy) | 8,558 | $0.00 | -- |
| Grant/Award | Common Shares | 7,439 | $0.00 | -- |
Holdings After Transaction:
Employee Stock Option (Right to Buy) — 8,558 shares (Direct);
Common Shares — 123,115 shares (Direct)
Footnotes (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. 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.
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.
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.