BENNETHUM DEBRA 4

What Happened

• Debra Bennethum, VP Critical Minerals/Strategic, Supply Chain at Energy Fuels (UUUU), was granted equity on Jan 27, 2026 and had shares withheld to cover taxes. She received 4,736 restricted stock units (RSUs) and was granted 5,451 stock options. Separately, 2,278 shares were surrendered/withheld at $24.16 per share for tax obligations, valued at approximately $55,036.
• The RSUs and options are grants/awards (not open-market purchases). The options carry a strike set at a 10% premium to the $23.70 grant price (≈ $26.07) and will vest in future periods.

Key Details

• Transaction date: 2026-01-27.
• RSU grant: 4,736 RSUs (acquired at $0.00); vesting: 50% on 1/27/2027, 25% on 1/27/2028, 25% on 1/27/2029.
• Option grant: 5,451 options (derivative award at $0.00); strike = 10% premium to $23.70 (≈ $26.07); vesting: 50% on 1/27/2027 and 50% on 1/27/2028.
• Tax withholding (disposition): 2,278 shares withheld/Disposed at $24.16 per share for tax liability; total ~$55,036.
• Shares owned after the transaction: not specified here (the Form 4 states total balance in Column 5).
• Filing timeliness: Form 4 was filed late due to an inadvertent administrative error.

Context

• The 2,278-share disposition was a tax-withholding event (code F), a routine administrative action when equity awards vest; it is not an open-market sale indicating a trading decision.
• The option grant is a future-value derivative that vests over time; no exercise occurred. These grants are typically part of compensation and do not alone indicate insider sentiment on the stock.
• The late filing is noted on the Form 4; while it does not change the substance of the transactions, late reporting can be a compliance issue and is disclosed here.