PELIZZA MARK S 4
Research Summary
AI-generated summary
enCore Energy (EU) Director Mark S. Pelizza Buys 99,905 Shares
What Happened
Mark S. Pelizza, a director of enCore Energy Corp. (ticker: EU), made open-market purchases totaling 99,905 shares. On June 11, 2026 he acquired 99,182 shares at a weighted average price of $1.37 (reported value $135,879), and on June 12, 2026 he bought 723 shares at a weighted average price of $1.39 (reported value $1,005). These were purchases (insider buys), which many investors view as a potentially positive signal, though filings do not state motivation.
Key Details
- Transaction dates and prices:
- 2026-06-11: Purchase of 99,182 shares; weighted average $1.37 (prices in range $1.36–$1.39) — Footnote F1.
- 2026-06-12: Purchase of 723 shares; weighted average $1.39 (prices in range $1.38–$1.40) — Footnote F2.
- Total acquired: 99,905 shares for approximately $136,884.
- Shares owned after transaction: Not specified in the Form 4 provided.
- Filing timeliness: Form filed 2026-06-15; this appears to be within the two-business-day reporting requirement for Section 16 insiders (timely).
- Footnotes: F1 and F2 note the reported prices are weighted averages from multiple trades within the stated ranges; the filer will provide a breakdown of quantities at each price on request.
- Exhibit: Exhibit 24 (Power of Attorney) attached.
Context: These were open-market purchases (transaction code P). Purchases by directors are factual disclosures — they may be interpreted by investors as a sign of confidence, but the filing does not state intent. No indication in this filing that the reporting person is a 10% owner or that the transactions were part of a prearranged 10b5‑1 plan.