[Form 4] Energy Fuels Inc. Insider Trading Activity

Rhea-AI Filing Summary

Kevin Balloch, SVP Project Finance at Energy Fuels Inc. (UUUU), reported two sales of common shares on 08/08/2025. The Form 4 lists dispositions of 91,426 shares at $9.7518 and 119,334 shares at $9.9784. After the transactions, the filing shows 51,074 shares held directly and 0 shares held indirectly (indirect holder listed as Rebecca Hughes). The Form 4 is signed 08/11/2025.

Positive

• None.

Negative

• Insider dispositions: The reporting person sold a total of 210,760 shares on 08/08/2025 (91,426 at $9.7518 and 119,334 at $9.9784).
• Reduced direct ownership: Post-transaction direct beneficial ownership is reported as 51,074 shares.

Insights

Financial Analyst

TL;DR: Insider sales were reported on 08/08/2025 totaling 210,760 shares at roughly $9.75–$9.98; impact appears informational.

The filing documents two non-derivative dispositions by Kevin Balloch on 08/08/2025: 91,426 shares at $9.7518 and 119,334 shares at $9.9784. Combined disposals equal 210,760 shares. The report shows 51,074 shares remaining in direct beneficial ownership and an indirect holding noted as 0 with Rebecca Hughes referenced. This Form 4 provides transparent, required disclosure of insider trading activity without additional context for motive or timing.

Corporate Governance Expert

TL;DR: The company received a timely Form 4 disclosing two sales by an officer; governance disclosure requirements were met.

The submission is a standard Section 16 Form 4 reporting two sales by an officer (SVP, Project Finance). It identifies transaction dates, amounts, and prices, and it lists post-transaction beneficial ownership figures and an indirect holder name. The record is complete for disclosure purposes; the filing itself contains no additional governance actions or changes in role.

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^*

BALLOCH KEVIN MARTIN

(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)
	SVP, Project Finance

3. Date of Earliest Transaction (Month/Day/Year)
08/08/2025

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	08/08/2025		S		91,426	D	$9.7518	51,074	D
Common Shares	08/08/2025		S		119,334	D	$9.9784	0	I	Rebecca Hughes

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:

	Kevin Balloch	08/11/2025
	** 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 transactions did Energy Fuels (UUUU) disclose on this Form 4?

The Form 4 discloses two sales on 08/08/2025: 91,426 shares at $9.7518 and 119,334 shares at $9.9784.

Who filed the Form 4 for UUUU and what is their role?

The reporting person is Kevin Balloch, listed as SVP, Project Finance and an officer of Energy Fuels Inc.

How many shares does the filer own after the reported transactions?

The filing reports 51,074 shares held directly after the transactions and an indirect holding of 0 (Rebecca Hughes referenced as indirect holder).

When was the Form 4 signed?

The Form 4 shows the signature date of 08/11/2025 by Kevin Balloch.

Were any derivative securities reported in this filing for UUUU?

No derivative securities are listed in Table II of the filing; only non-derivative common share transactions are reported.