Energy Fuels (UUUU) CEO Mark Chalmers reports new RSU and stock option grants

Rhea-AI Filing Summary

Energy Fuels Inc. President, CEO and Director Mark Chalmers reported new equity awards in the company. On 12/12/2024 he received 19,096 restricted share units (RSUs), which vest 50% on 1/27/2025, 25% on 1/27/2026 and 25% on 1/27/2027. These RSUs were reported as acquired at a price of $0, reflecting a stock-based compensation grant rather than an open-market purchase.

Chalmers also received an employee stock option grant for 21,970 common shares with an exercise price of $7.25, a 10% premium to the grant price of $6.59. These options vest 50% on 12/12/2025 and 50% on 12/12/2026 and expire on 12/11/2029. Following the reported transactions, he beneficially owned 930,439 common shares and 21,970 options, all held directly. The filing notes it was submitted 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

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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^*

Chalmers Mark

(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
X	Officer (give title below)		Other (specify below)
	President & CEO

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		19,096(1)	A	$0	930,439	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		21,970		(2)	12/11/2029	Common Shares	21,970	$0	21,970	D

Explanation of Responses:

1. Reflects grant of 19,096 RSUs which vest as follows: 50% on 1/27/2025; 25% on 1/27/2026; and 25% on 1/27/2027.

2. Reflects grant of 21,970 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 Mark Chalmers	12/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Energy Fuels (UUUU) report for its CEO?

Energy Fuels reported that President and CEO Mark Chalmers received 19,096 RSUs and an employee stock option grant for 21,970 common shares on 12/12/2024 as stock-based compensation.

What are the vesting terms of Mark Chalmers' 19,096 RSUs at Energy Fuels (UUUU)?

The 19,096 RSUs vest in three tranches: 50% on 1/27/2025, 25% on 1/27/2026, and 25% on 1/27/2027, subject to continued service and plan terms.

What are the key terms of the 21,970 employee stock options granted to the Energy Fuels (UUUU) CEO?

The option grant covers 21,970 common shares at an exercise price of $7.25, which is described as a 10% premium to a grant price of $6.59. The options vest 50% on 12/12/2025 and 50% on 12/12/2026 and expire on 12/11/2029.

How many Energy Fuels (UUUU) shares does the CEO beneficially own after this Form 4?

After the reported transactions, Mark Chalmers beneficially owned 930,439 common shares directly, along with 21,970 stock options linked to common shares.

Was the Energy Fuels (UUUU) CEO Form 4 filed on time?

The remarks state that the report is being filed late due to an inadvertent administrative error, indicating a delay in making this Form 4 filing.

Did Mark Chalmers pay cash for the new Energy Fuels (UUUU) RSUs and options?

The 19,096 RSUs were reported with a price of $0, consistent with a compensatory award. The 21,970 options carry a future exercise price of $7.25 per share if exercised.

What roles does Mark Chalmers hold at Energy Fuels (UUUU)?

Mark Chalmers is identified as a Director and as an Officer of Energy Fuels Inc., serving as President & CEO.