enCore Energy (EU) CFO Kevin Kremke Receives Awards

What Happened
Kevin L. Kremke, Chief Financial Officer of enCore Energy Corp. (EU), received two equity awards on August 17, 2026: 162,162 restricted stock units (RSUs) and 243,243 performance share units (PSUs). Both grants are reported as derivative awards with a $0.00 per-unit acquisition price (no cash changed hands at grant). The total awarded units equal 405,405; RSUs vest over time while PSUs vest only if performance goals are met.

Key Details

• Transaction date: August 17, 2026; reported on Form 4 filed August 19, 2026 (timely).
• Award types and amounts: 162,162 RSUs; 243,243 PSUs; reported price $0.00 (derivative award).
• RSU vesting: one-third vests on Aug 17, 2027; one-third on Aug 17, 2028; one-third on Aug 17, 2029. (Footnote F2)
• PSU terms: performance measured on total shareholder return versus a uranium-industry peer group over a three-year period ending Dec 31, 2028; target is 243,243 units and payout may range from 0% to 200% of target. (Footnote F3)
• Each RSU/PSU represents the contingent right to receive one common share if and when vested/earned. (Footnote F1)
• Shares owned after the transaction are not specified in the provided filing.

Context
These are compensation awards (not open-market purchases or sales). RSUs are time-based and will convert to shares only upon vesting; PSUs depend on relative performance and may result in fewer or more shares than the target. Awards are a common executive compensation tool and do not by themselves indicate immediate buying or selling of stock.