Westwater (NASDAQ: WWR) director logs RSU vesting and tax share withholding
Rhea-AI Filing Summary
Westwater Resources director Terence James Cryan reported multiple equity award-related transactions on January 15, 2026. The filing shows partial vesting of restricted stock units (RSUs) granted in 2024 and 2025, tied to performance and total stockholder return criteria, with shares of common stock issued at a stated price of $1.24 where tax withholding applied.
Some shares of common stock were withheld by the company to cover Cryan’s tax obligations arising from these RSU vestings, while other entries reflect common shares acquired at $0 upon vesting. After the final reported transaction, Cryan beneficially owned 1,860,477 shares of Westwater common stock directly, along with 391,364 and 268,623 RSUs remaining outstanding under the performance and TSR-based award schedules.
Positive
- None.
Negative
- None.
FAQ
What insider activity did WWR director Terence James Cryan report?
Terence James Cryan, a director of Westwater Resources (WWR), reported multiple transactions on January 15, 2026 related to the partial vesting of restricted stock units and associated tax withholding in the company’s common stock.
How many Westwater Resources common shares does Terence Cryan hold after these transactions?
Following the last reported transaction on January 15, 2026, Terence Cryan beneficially owned 1,860,477 shares of Westwater Resources common stock, held directly.
What do the code "F" and code "A" mean in Terence Cryan’s WWR Form 4?
In the filing, code "F" denotes shares of common stock withheld by the company to satisfy Terence Cryan’s tax withholding obligations upon RSU vesting at a stated price of $1.24 per share, while code "A" reflects common shares acquired at $0 upon the partial vesting of performance- and TSR-based restricted stock units.
What restricted stock units remain outstanding for Terence Cryan at WWR?
After the vesting events on January 15, 2026, Terence Cryan held 391,364 restricted stock units under a grant with tranches vesting based on total stockholder return for the years ended December 31, 2024, 2025, and 2026, and 268,623 restricted stock units under a grant with tranches based on total stockholder return for the years ended December 31, 2025, 2026, and 2027.
Were Terence Cryan’s WWR transactions open-market buys or sales?
The reported activity consists of RSU vesting, related common share issuance at $0, and share withholding at $1.24 to cover tax obligations. The entries are not described as discretionary open-market purchases or sales, but rather as events tied to equity award vesting.
What performance criteria are tied to Terence Cryan’s Westwater RSUs?
The footnotes explain that certain RSUs vest based on performance-based criteria, and others vest one-third each year based on total stockholder return (TSR) for specified periods ending December 31, 2024–2027, with potential vesting amounts divided equally among those annual periods.