enCore Energy (EU) COO Dain McCoig Receives 25,000 Shares

What Happened

• Dain A. McCoig, Chief Operating Officer of enCore Energy Corp. (EU), had 25,000 restricted stock units convert into common shares on September 24, 2026. As part of the vesting, 6,088 shares were withheld to cover tax liability at $1.22 per share, totaling $7,427. The vesting resulted in a net increase of 18,912 shares to McCoig’s holdings (25,000 vested − 6,088 withheld).

Key Details

• Transaction date: September 24, 2026; Form 4 filed September 28, 2026 (timely filing).
• Transactions reported:
  • Code M (exercise/conversion of derivative): 25,000 shares acquired upon RSU vesting.
  • Code F (payment of tax liability): 6,088 shares withheld at $1.22/share, $7,427 total.
  • A second M line in the filing records a 25,000-share derivative entry reported at $0.00 (reflects RSU conversion reporting conventions).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 clarifies each restricted stock unit (RSU) converts to one common share. F2 notes a 100,000 RSU grant on September 24, 2025 that vests 25% on each anniversary through 2029 (the 25,000 shares vested on 9/24/2026).
• No open-market sale reported (withholding was performed to satisfy tax obligations, not a market sale).

Context

• This was a standard RSU vesting event (award conversion) rather than a purchase or discretionary sale. The tax-related withholding is routine and does not necessarily indicate a change in insider sentiment.