SHERIFF WILLIAM M 4

What Happened William M. Sheriff, Executive Chairman and a director of enCore Energy Corp. (ticker: EU), made open-market purchases totaling 100,000 shares across May 18–19, 2026. Purchases were: 50,000 shares at $1.49 ($74,500), 25,000 shares at $1.47 ($36,750), and 25,000 shares at $1.39 ($34,750), for an aggregate cash outlay of approximately $146,000. These were buys (acquisitions), not sales.

Key Details

• Transaction dates and prices:
  • 2026-05-18: 50,000 shares @ $1.49 = $74,500 (acquired)
  • 2026-05-18: 25,000 shares @ $1.47 = $36,750 (acquired)
  • 2026-05-19: 25,000 shares @ $1.39 = $34,750 (acquired)
• Total shares purchased: 100,000; total value ≈ $146,000.
• Shares owned after the transactions: not specified in the Form 4 provided.
• Footnote: The reporting person agreed to voluntarily disgorge to enCore any statutory "profits" under Section 16(b) of the Exchange Act that result from the transactions reported (see footnote F1).
• Filing timeliness: Report filed May 20, 2026 for transactions through May 18, 2026 — within the typical two-business-day reporting window (no late filing indicated).

Context

• These were open-market purchases, which investors often view as a more informative sign of insider conviction than routine grants or required sales; however, filings are factual records and do not state motivation.
• The Section 16(b) disgorgement note means any short-swing profits (profits from purchases and sales within a six-month period subject to Section 16(b)) relating to these transactions will be returned to the company per the reporting person’s agreement.