enCore Energy (EU) COO Dain McCoig Receives Award

What Happened

• Dain A. McCoig, Chief Operating Officer of enCore Energy Corp. (ticker: EU), received equity awards on August 17, 2026: 94,595 restricted stock units (RSUs) and 141,892 performance share units (PSUs). Both grants are recorded as derivative acquisitions at $0.00 per unit (i.e., no cash purchase price). The RSUs and PSUs are contingent rights to receive common shares; the RSUs vest over three years and the PSUs vest based on performance metrics.

Key Details

• Transaction date: August 17, 2026; Form 4 filed August 19, 2026 (filed within the standard 2-business-day window).
• Grants: 94,595 RSUs (vest 1/3 on Aug 17 of 2027, 2028, 2029) and 141,892 PSUs (target amount).
• Price: $0.00 per unit (equity award, not an open-market purchase or sale).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnotes: F1—each RSU/PSU converts to one common share if/when earned; F2—RSU vesting schedule as above; F3—PSUs are tied to total shareholder return vs. a uranium-industry peer group over a three-year performance period ending Dec 31, 2028, and payout may range from 0% to 200% of the target.
• Transaction code: A = Award/Grant (derivative securities).

Context

• These grants are typical executive compensation: RSUs provide time-based retention incentives, while PSUs align pay with multi-year performance. PSUs may result in no shares or up to double the target share count depending on relative TSR performance through Dec 31, 2028, so the ultimate dilution and share delivery depend on future results. Awards are not immediate buys or sells and do not by themselves indicate insider buying or selling sentiment.