Westwater Resources (WWR) CEO reports RSU vesting and tax share withholding

Rhea-AI Filing Summary

Westwater Resources, Inc. President and CEO Frank Bakker reported multiple equity award events on January 15, 2026. Several batches of restricted stock units vested and were settled in common stock at a price of $0 per share, while the company withheld portions of the resulting shares, coded "F", to cover his tax obligations at $1.24 per share. After the reported transactions, he directly held 1,941,045 shares of Westwater common stock.

The filing also shows two restricted stock unit awards converting into common stock, with 22,828 and 122,741 units (coded "M") moving out of the derivative table and into his common share holdings. Footnotes explain that these awards vest in tranches based on performance and total stockholder return over specific calendar years.

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^*

BAKKER FRANK

(Last) (First) (Middle)

C/O WESTWATER RESOURCES, INC.

6950 S. POTOMAC STREET, SUITE 300

(Street)

CENTENNIAL CO 80112

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
WESTWATER RESOURCES, INC. [ WWR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/15/2026

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 Stock(1)	01/15/2026		F		15,898	D	$1.24	1,796,571	D
Common Stock(2)	01/15/2026		A		17,879	A	$0	1,814,450	D
Common Stock(1)	01/15/2026		F		7,949	D	$1.24	1,806,501	D
Common Stock(3)	01/15/2026		F		33,834	D	$1.24	1,772,667	D
Common Stock(4)	01/15/2026		A		38,046	A	$0	1,810,713	D
Common Stock(3)	01/15/2026		F		16,918	D	$1.24	1,793,795	D
Common Stock(4)	01/15/2026		A		38,046	A	$0	1,831,841	D
Common Stock(3)	01/15/2026		F		16,918	D	$1.24	1,814,923	D
Common Stock(5)	01/15/2026		M		22,828	A	$0	1,837,751	D
Common Stock(3)	01/15/2026		F		10,151	D	$1.24	1,827,600	D
Common Stock(6)	01/15/2026		F		181,928	D	$1.24	1,645,672	D
Common Stock(7)	01/15/2026		A		204,569	A	$0	1,850,241	D
Common Stock(6)	01/15/2026		F		90,964	D	$1.24	1,759,277	D
Common Stock(7)	01/15/2026		A		204,569	A	$0	1,963,846	D
Common Stock(6)	01/15/2026		F		90,964	D	$1.24	1,872,882	D
Common Stock(8)	01/15/2026		M		122,741	A	$0	1,995,623	D
Common Stock(6)	01/15/2026		F		54,578	D	$1.24	1,941,045	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
Restricted Stock Units	(9)	01/15/2026		M			22,828	(9)	(9)	Common Stock	22,828	(9)	391,364	D
Restricted Stock Units	(10)	01/15/2026		M			122,741	(10)	(10)	Common Stock	122,741	(10)	268,623	D

Explanation of Responses:

1. Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 10, 2023.

2. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 10, 2023 grant.

3. Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 30, 2024.

4. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 30, 2024 grant.

5. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to total stockholder return ("TSR") criteria under the Company's May 30, 2024 grant.

6. Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 27, 2025.

7. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 27, 2025 grant.

8. Represents shares of common stock issued upon the partial vesting of restricted stock units subject to total stockholder return ("TSR") criteria under the Company's May 27, 2025 grant.

9. Represents restricted stock units that vest one-third based on TSR for the year ended December 31, 2024, one-third based on TSR for the year ended December 31, 2025, and one-third based on TSR for the year ended December 31, 2026, with the number of restricted stock units potentially vesting divided equally among the annual periods.

10. Represents restricted stock units that vest one-third based on TSR for the year ended December 31, 2025, one-third based on TSR for the year ended December 31, 2026, and one-third based on TSR for the year ended December 31, 2027, with the number of restricted stock units potentially vesting divided equally among the annual periods.

	/s/ Frank Bakker	01/20/2026
	** Signature of Reporting Person	Date
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FAQ

What did Westwater Resources (WWR) CEO Frank Bakker report on this Form 4?

Frank Bakker, President and CEO of Westwater Resources, Inc. (WWR), reported multiple restricted stock unit vestings into common stock on January 15, 2026, along with share withholdings by the company to satisfy his tax obligations.

How many Westwater Resources shares does the CEO own after these transactions?

Following the reported transactions on January 15, 2026, Frank Bakker directly owned 1,941,045 shares of Westwater Resources common stock.

Were any of the Westwater Resources CEO’s shares sold on the open market?

The Form 4 shows transactions coded "F", which represent shares of common stock withheld by the company to cover the CEO’s tax withholding obligations, not open-market sales.

What do the RSU transactions reported by WWR’s CEO represent?

The filing shows restricted stock units converting into common stock at $0 per share (coded "M"), reflecting partial vesting of prior equity grants rather than cash purchases.

How are performance and total stockholder return (TSR) involved in the CEO’s RSUs at WWR?

Footnotes state that some restricted stock units vest based on performance-based criteria and others on total stockholder return ("TSR") over specified years, with vesting divided equally among the annual periods.

Does this Westwater Resources Form 4 indicate new RSU grants to the CEO?

The disclosure describes partial vesting of existing restricted stock unit awards granted in 2023, 2024, and 2025, rather than new grants on January 15, 2026.