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Energy Fuels grants Debra Bennethum stock awards

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Form Type
4

Rhea-AI Filing Summary

Energy Fuels Inc. (UUUU) reported that Debra Bennethum, VP Critical Minerals & Strategic Supply Chain, received 5,843 performance-based stock options and 7,333 restricted stock units on November 3, 2026, as a special transaction bonus for ASM closing. The options have an $8.79 exercise price; the RSUs were priced at $7.99 per underlying common share based on the five-day volume-weighted average price as of November 2, 2026. Post-grant reported holdings included 5,843 options and 26,140 RSUs; a separate indirect-holding entry lists 4,195 common shares through Gregory Howard Bennethum.

Insider BENNETHUM DEBRA
Role VP Critical Minerals &
Type Security Shares Price Value
Grant/Award Performance-Based Stock Options ("Options") 5,843 $0.00 $0.00
Grant/Award Restricted Stock Units 7,333 $0.00 $0.00
Holding Common Shares -- -- --
Holdings After Transaction: Performance-Based Stock Options ("Options") — 5,843 options (Direct); Restricted Stock Units — 26,140 units (Direct); Common Shares — 4,195 shares (Indirect, Gregory Howard Bennethum)
Holdings Before and After: Performance-Based Stock Options ("Options"), 0 to 5,843 options (Direct); Restricted Stock Units, 18,807 to 26,140 units (Direct)
Performance-based stock options granted 5,843 options Debra Bennethum's award on November 3, 2026; reported options following the award were 5,843.
Restricted stock units granted 7,333 RSUs Debra Bennethum's award on November 3, 2026.
Option exercise price $8.79 per share Performance-based stock options.
RSU underlying share price $7.99 per underlying common share Based on the five-day volume-weighted average price as of November 2, 2026.
Per-option value $3.3425 per option Valued using the Black Scholes Model.
RSUs held following award 26,140 RSUs Reported following the November 3, 2026 award.
Indirect common shares 4,195 common shares Indirect-holding entry through Gregory Howard Bennethum.
Performance Options financial
"Performance Options utilize a strike price"
Performance options are rights given to executives or employees to buy company stock only if specific business goals are met, such as revenue, profit, or stock-price targets. They matter to investors because they tie pay to outcomes — aligning management incentives with company success — and can change future share supply and earnings if the targets are achieved and the options are exercised, similar to giving someone a key that only works when certain conditions are satisfied.
Restricted Stock Units financial
"Restricted Stock Units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
volume weighted average price financial
"5-day volume weighted average price"
The volume weighted average price (VWAP) is a way to measure the average price of a security, such as a stock, over a specific period, taking into account how many units were traded at each price. It’s similar to calculating the average cost of items bought when some are more frequently purchased than others. Investors use VWAP to assess whether a security is being bought or sold at a fair price during trading.
Black Scholes Model financial
"Priced using the Black Scholes Model"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many stock awards did UUUU's Debra Bennethum receive?

Debra Bennethum, VP Critical Minerals & Strategic Supply Chain, received 5,843 performance-based stock options and 7,333 RSUs on November 3, 2026; the awards were described as a special transaction bonus for ASM closing.

What are the exercise price and term of UUUU's options?

The options have an $8.79 exercise price and a five-year term. The strike is a 10% premium to the $7.99 fair market value; the options were valued at $3.3425 per option using the Black Scholes Model and expire November 2, 2031.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4
FORM 4UNITED 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*
BENNETHUM DEBRA

(Last)(First)(Middle)
C/O ENERGY FUELS INC.
225 UNION BLVD., SUITE 600

(Street)
LAKEWOOD COLORADO 80228

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
ENERGY FUELS INC [ UUUU ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)XOther (specify below)
VP Critical Minerals &Strategic Supply Chain
2a. Foreign Trading Symbol
[EFR]
3. Date of Earliest Transaction (Month/Day/Year)
11/03/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Restricted Stock Units11/03/2026A7,333A$026,140D
Common Shares4,195IGregory Howard Bennethum
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Performance-Based Stock Options ("Options")$8.7911/03/2026A5,84311/03/202711/02/2031Common Shares5,843$05,843D
Explanation of Responses:
Remarks:
1. Grant of RSUs vest as to 50 percent on January 27, 2027; 25 percent on January 27, 2028; and 25 percent on January 27, 2029. Priced at $7.99 per underlying common share based on the 5-day volume weighted average price as of market close on November 2, 2026, being the last trading day prior to the date of grant. Special transaction bonus for ASM closing. 2. Performance Options utilize a strike price at a 10 percent premium to the fair market value of $7.99 per share. 50 percent vest one year after date of grant, 50 percent vest two years from date of grant, and the term is five years. Priced using the Black Scholes Model with a per-option value of $3.3425. Special transaction bonus for ASM closing. Late filing due to administrative delay in tying out underlying calculations.
Julia Hoffmeier as Attorney-in-Fact for Debra Bennethum11/13/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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