SHUMWAY LOGAN 4

What Happened
Logan Shumway, Vice President, Processing Operations at Energy Fuels (UUUU), was granted 4,971 restricted stock units (RSUs) and 5,721 stock options on 2026-01-27. On the same date 5,589 shares were disposed (withheld) at $24.16 each to satisfy a tax obligation, a transaction valued at about $135,030. The RSUs and options were granted at no cash outlay to Shumway.

Key Details

• Transaction date: 2026-01-27; Form filed 2026-01-30.
• Tax-withholding sale: 5,589 shares disposed at $24.16 → $135,030 reported. (Code F: payment of exercise price or tax liability.)
• Grants (Code A): 4,971 RSUs (no cash price); 5,721 options (derivative award).
• RSU vesting: 50% on 1/27/2027; 25% on 1/27/2028; 25% on 1/27/2029.
• Options: grant price noted as $23.70 with strike set at a 10% premium to that price; vesting 50% on 1/27/2027 and 50% on 1/27/2028.
• Shares owned after the transactions: not specified in the filing.
• Filing timeliness: Form shows filing on 2026-01-30 for 2026-01-27 transactions; no late-filing flag is indicated in the provided data.
• Exhibit: Power of Attorney (Exhibit 24.2).

Context
The withheld 5,589-share disposition was to cover tax liability (routine compensation tax withholding), not an open-market sale for investment purposes. The option grant is a compensation award (not an exercise) with a strike set above the grant price, so it requires the stock to rise above that level before it has intrinsic value. These transactions primarily reflect executive compensation and tax settlement rather than a directional insider buy or sell signal.