enCore Energy CEO Little Richard Receives 300,000 Performance Awards
$EU · enCore Energy Corp.Research Summary
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enCore Energy CEO Little Richard Receives 300,000 Performance Awards
What Happened Little Richard H, CEO of enCore Energy Corp., was granted 300,000 performance share units (PSUs) on April 20, 2026. The award is reported as a derivative acquisition at $0.00 (no cash paid). Each PSU is the contingent right to receive one common share if predefined performance objectives are met; the filing states payout may range from 0% to 200% of the target units.
Key Details
- Transaction date: 2026-04-20 (award); amended Form 4 filed 2026-08-19 to report the grant.
- Grant: 300,000 performance share units; reported acquisition price $0.00 (derivative award).
- Performance terms (Footnote): Vesting tied to total shareholder return vs. a uranium-industry peer group over a three-year performance period ending December 31, 2028; target number may be earned between 0% and 200%.
- Shares owned after transaction: not disclosed in the amended filing.
- Filing note: This is an amended filing correcting an inadvertent omission of the PSUs (disclosure delayed by the amendment).
Context These are performance-based equity awards (not an open-market purchase or sale) and will convert to shares only if the company meets specified TSR goals over the performance period. Such grants are common executive compensation tools to align pay with long-term performance; they do not by themselves signal insider buying or selling.