WWR (WWR) CEO Frank Bakker receives 613,700 shares and 184,110 RSUs in equity grants
Rhea-AI Filing Summary
BAKKER FRANK reported acquisition or exercise transactions in this Form 4 filing.
WESTWATER RESOURCES, INC. reported that President and CEO Frank Bakker received equity compensation on May 22, 2026. He was granted 613,700 shares of Common Stock, increasing his direct holdings to 2,554,745 shares.
He was also granted 184,110 Restricted Stock Units (RSUs), bringing his RSU balance to 452,733 units. According to the footnotes, some RSUs vest in three equal annual installments beginning on December 31, 2026, and others vest one-third based on total stockholder return for each of the years ended December 31, 2026, December 31, 2027, and December 31, 2028. These awards are compensation grants rather than open-market purchases.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 613,700 shares
Net Buy
2 txns
Insider
BAKKER FRANK
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 184,110 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 613,700 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 452,733 shares (Direct);
Common Stock — 2,554,745 shares (Direct)
Footnotes (2)
- F1. Represents restricted stock units that vest in three equal annual installments beginning December 31, 2026. Each restricted stock unit represents a contingent right to receive one share of the issuer's common stock.
- F2. Represents restricted stock units that vest one-third based on total stockholder return ("TSR") for the year ended December 31, 2026, one-third based on TSR for the year ended December 31, 2027, and one-third based on TSR for the year ended December 31, 2028.
Key Figures
Common Stock grant: 613,700 shares
Common shares after grant: 2,554,745 shares
RSU grant: 184,110 units
+3 more
6 metrics
Common Stock grant
613,700 shares
Awarded to CEO Frank Bakker on May 22, 2026
Common shares after grant
2,554,745 shares
CEO direct holdings following the transaction
RSU grant
184,110 units
New Restricted Stock Units awarded on May 22, 2026
RSUs after grant
452,733 units
Total Restricted Stock Units held after the award
Time-based RSU vesting start
December 31, 2026
Three equal annual installments beginning on this date
Performance RSU vesting years
2026, 2027, 2028
One-third vests based on TSR each year-end
Key Terms
Restricted Stock Units, total stockholder return, TSR, contingent right
4 terms
Restricted Stock Units financial
"Represents restricted stock units that vest in three equal annual installments"
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.
total stockholder return financial
"vest one-third based on total stockholder return ("TSR") for the year ended"
Total stockholder return is the percentage gain or loss an investor would have experienced over a period from both changes in a stock’s price and any cash payouts such as dividends, assuming those payouts are reinvested in the stock. It matters because it shows the complete financial outcome of owning a share — like measuring both a house’s change in sale value and the rent you collected — and lets investors fairly compare performance across companies and time.
TSR financial
"based on total stockholder return ("TSR") for the year ended December 31, 2026"
Total shareholder return (TSR) measures the full financial return an investor would get from owning a stock over a set period, combining share price movement and dividends into a single percentage. Think of it as the total change in value plus pocketed income, like tracking both your house’s price change and the rent you collected. Investors use TSR to compare which companies truly rewarded owners, since it captures both income and growth in one simple number.
contingent right financial
"represents a contingent right to receive one share of the issuer's common stock"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What equity awards did WWR President and CEO Frank Bakker receive?
Frank Bakker received 613,700 shares of Common Stock and 184,110 Restricted Stock Units as equity compensation. These awards increase his direct share holdings and RSU balance, aligning his compensation more closely with WESTWATER RESOURCES, INC.’s future stock performance.
How many Restricted Stock Units does the WWR CEO own after the new awards?
Following the transaction, Frank Bakker holds 452,733 Restricted Stock Units. These RSUs represent contingent rights to receive an equivalent number of WESTWATER RESOURCES common shares, subject to time-based vesting and performance conditions tied to total stockholder return.
When do Frank Bakker’s time-based RSUs at WESTWATER RESOURCES vest?
One portion of the RSUs vests in three equal annual installments beginning December 31, 2026. Each vested RSU converts into one share of WESTWATER RESOURCES common stock, gradually increasing his share ownership as service-based conditions are satisfied over time.
How are the performance-based RSUs for WWR’s CEO structured?
Another portion of the RSUs vests based on total stockholder return for three separate years ending December 31, 2026, 2027, and 2028. One-third of this award is tied to each year’s total stockholder return performance outcome before vesting occurs.
Does this WWR Form 4 show open-market buying or selling by the CEO?
No, the Form 4 shows grant or award acquisitions, not open-market trades. The Common Stock and Restricted Stock Units were awarded as compensation, reflected by transaction code “A,” rather than being purchased or sold on the open market by Frank Bakker.