EnCore Energy Corp: chairman William M Sheriff exercised 194,687 shares

What happened William M Sheriff, chairman and director, exercised or converted derivatives for 160,862 shares and 33,825 shares (total 194,687 shares) on Oct 8, 2026. The filing shows 39,171 shares were disposed to pay an exercise price or tax liability at $1.01 per share for $39,563. The filing also reports disposals of 160,862 shares and 33,825 shares at $0.00 in connection with the derivative transactions.

Key details

• Transaction date: Oct 8, 2026. Transaction types reported: M (exercise or conversion of derivative) and F (payment of exercise price or tax liability).
• Prices and values: tax withholding 39,171 shares @ $1.01 for $39,563; derivative disposals listed at $0.00. Acquisitions via conversion show no price in the filing.
• Shares owned after the transaction: the filing does not report shares owned after the transaction.
• Footnotes: F1 each restricted stock unit represents the contingent right to receive one common share of enCore Energy Corp.; F2 on Oct 8, 2025 the reporting person was granted 482,589 restricted stock units that vested one-third on Oct 8, 2026 and will vest one-third on Oct 8, 2027 and one-third on Oct 8, 2028; F3 on Oct 8, 2025 the reporting person was indirectly granted 102,500 restricted stock units with the same vesting schedule.
• Filing date: Form 4 was filed Oct 13, 2026 for transactions dated Oct 8, 2026.

Why it may matter The filing shows conversion or exercise of restricted stock units and that some shares were withheld to satisfy a tax obligation (net share settlement). The Form 4 does not show why the insider traded or why the company acted.