EnCore Energy Corp: director Susan Hoxie-Key exercised 87,566 shares

What happened

• The filing shows director Susan Hoxie-Key exercised or converted derivatives for 87,566 common shares on Oct 8, 2026 (acquired) and the same 87,566 shares were reported disposed on Oct 8, 2026 at $0.00 (derivative disposition). The filing also reports an open market sale of 30,648 common shares on Oct 12, 2026 at a weighted average price of $0.94 for total proceeds of $28,809.

Key details

• Transaction dates and prices:
  • Oct 8, 2026: exercise/conversion (code M) — 87,566 shares acquired; price reported as N/A.
  • Oct 8, 2026: derivative disposition (code M) — 87,566 shares disposed at $0.00; proceeds reported as $0.
  • Oct 12, 2026: open market sale (code S) — 30,648 shares sold at a weighted average price of $0.94 (sales prices ranged from $0.9254 to $0.9535) for total proceeds of $28,809.
• Shares owned after the transaction: not reported on the Form 4 provided.
• Footnotes that matter:
  • Each restricted stock unit (RSU) represents the contingent right to receive one common share.
  • The Oct 12 sale was made pursuant to a Rule 10b5-1 trading plan adopted Dec 17, 2025.
  • The weighted average sale price covers multiple transactions; the reporting person will provide full breakdowns on request.
  • The reporting person was granted 175,133 RSUs on Oct 8, 2025, vesting one-half on Oct 8, 2026 and one-half on Oct 8, 2027.
• Filing date and report period: Form filed Oct 13, 2026 covering transactions with a report period date of Oct 8, 2026. The filing does not state whether it was late.

Why it may matter

• The filing shows an exercise/conversion on Oct 8, 2026 that resulted in a same-day disposal of the exercised shares at $0.00, rather than a market sale, and a separate open market sale of 30,648 shares on Oct 12, 2026 under a 10b5-1 plan for $28,809. This filing does not show why the insider traded or why the company acted.