LONGENECKER NATHAN 4

What Happened
Nathan Longenecker, Senior Vice President and General Counsel of Energy Fuels Inc. (UUUU), received equity awards on 2026-01-27: 14,440 restricted stock units (RSUs) and 16,619 stock options. Concurrently, 17,104 shares were disposed (withheld) to satisfy tax withholding obligations at $24.16 per share, totaling $413,233. The RSUs and options were granted at no cash purchase price to the insider.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (timely filing).
• RSU grant: 14,440 RSUs (code A), acquisition price $0.00. Vesting: 50% on 1/27/2026; 25% on 1/27/2027; 25% on 1/27/2028. (Footnote F1)
• Option grant: 16,619 options (derivative, code A), acquisition price $0.00. Strike price set at a 10% premium to $23.70 (≈ $26.07). Vesting: 50% on 1/27/2027; 50% on 1/27/2028. (Footnote F2)
• Tax withholding: 17,104 shares disposed (code F) at $24.16/share = $413,233, which appears to be shares withheld to cover tax liabilities on the award vesting. This is routine and not an open-market sale.
• Shares owned after the transactions: not specified in the provided filing.

Context

• The primary action is award grants (RSUs and options), which are compensation, not purchases indicating new personal investment.
• The share disposition was a tax-withholding event common when RSUs vest; it generally does not signal a decision to liquidate holdings on the open market.
• Options carry a strike above current grant price and vest over two years; they only have value to the holder if the stock trades above the strike at exercise.