EnCore Energy Corp.: director Nathan Tewalt exercised 72,500 shares

What happened Nathan Tewalt, a director, exercised or converted restricted stock units into common shares on Oct 8, 2026. The Form 4 shows an acquired entry of 72,500 shares (derivative) and a disposed entry of 72,500 shares at $0.00, total reported disposal value $0.

Key details

• Transaction date: Oct 8, 2026. Prices: acquired entry N/A; disposed at $0.00.
• Shares owned after the transaction: not reported in the filing.
• Footnotes: F1 — each restricted stock unit represents the contingent right to receive one common share; F2 — 145,000 restricted stock units were granted on Oct 8, 2025, vesting one-half on Oct 8, 2026 and one-half on Oct 8, 2027.
• Filing date: Oct 13, 2026. Filing timeliness: late (transactionTimeliness = 'L').

Why it may matter

• The filing shows a derivative exercise/conversion and an equal number of shares disposed at $0.00; the Form 4 does not report proceeds from a market sale.
• The transactions involve restricted stock units that partially vested on Oct 8, 2026 under the grant noted in the footnotes.
  A filing does not show why the insider traded or why the company acted.