[Form 4] ENERGY FUELS INC Insider Trading Activity

Rhea-AI Filing Summary

Energy Fuels Inc. director Dennis L. Higgs reported two open-market sales of common shares. On 11/17/2025, he sold 10,917 common shares at an average price of $15.28, and on 11/18/2025 he sold 15,000 common shares at an average price of $15.26. After these transactions, he beneficially owns 192,964 common shares directly. The filing notes that the 11/17/2025 sale price reflects an average of multiple same-day trades and that sale prices were converted from Canadian dollars to U.S. dollars.

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^*

HIGGS DENNIS LYLE

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/17/2025

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	11/17/2025		S		10,917	D	$15.28	207,964	D
Common Shares	11/18/2025		S		15,000	D	$15.26	192,964	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

Explanation of Responses:

Remarks:

1. 11/17/2025 Sale Price constitutes an average of multiple same-day transaction prices. Individual prices available to the SEC upon request. 2. Sale Prices reported constitute conversions from Canadian Dollars to U.S. Dollars.

	Dennis L. Higgs	11/18/2025
	** 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 for Dennis L. Higgs?

Energy Fuels Inc reported that director Dennis L. Higgs sold common shares in two transactions on 11/17/2025 and 11/18/2025, as disclosed on Form 4.

How many Energy Fuels (UUUU) shares did Dennis L. Higgs sell and at what prices?

Dennis L. Higgs sold 10,917 common shares at an average price of $15.28 on 11/17/2025 and 15,000 common shares at an average price of $15.26 on 11/18/2025.

How many Energy Fuels (UUUU) shares does Dennis L. Higgs own after the reported sales?

Following the reported transactions, Dennis L. Higgs beneficially owns 192,964 Energy Fuels common shares in direct ownership.

What is the role of Dennis L. Higgs at Energy Fuels Inc (UUUU)?

Dennis L. Higgs is reported as a director of Energy Fuels Inc, according to the Form 4 filing.

Were the Energy Fuels (UUUU) insider sale prices based on currency conversion?

Yes. The remarks state that the sale prices reported are conversions from Canadian dollars to U.S. dollars.

How were the 11/17/2025 Energy Fuels (UUUU) sale prices calculated for reporting?

The filing explains that the 11/17/2025 sale price represents an average of multiple same-day transaction prices, with individual prices available to the SEC upon request.

Is the Form 4 for Energy Fuels (UUUU) filed by more than one reporting person?

No. The form indicates it is filed by one reporting person, namely Dennis L. Higgs.