Uranium Energy (UEC) Director Gloria Ballesta Exercises Derivatives and Disposes Shares

What Happened

• Gloria L. Ballesta, a director of Uranium Energy Corp. (UEC), had two types of transactions at the end of July 2026. On July 30, 2026 she was granted a total of 17,846 restricted stock units (RSUs) (10,916 + 6,930) at $0 under the company’s 2024 Stock Incentive Plan. On July 31, 2026 she exercised/converted derivatives totaling 10,740 shares (5,129 + 3,339 + 2,272) and the filing shows those same 10,740 shares were disposed the same day. The filing reports $0 or N/A as the exercise/disposition price and does not disclose cash proceeds.

Key Details

• Transaction dates: RSU grants on 2026-07-30; exercises/conversions and same-day dispositions on 2026-07-31.
• Amounts: 17,846 RSUs granted; 10,740 derivative shares exercised/converted and then disposed.
• Prices/values: Grants show $0.00; exercise/conversion entries show N/A or $0.00 and disposed entries show $0.00 — the filing does not disclose cash proceeds.
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Report filed 2026-07-31 covering transactions through 2026-07-31 (no late-filing flag shown).
• Relevant footnotes from the filing:
  • F1: Each RSU represents the right to one share at settlement.
  • F2: Grants made under the Issuer’s 2024 Stock Incentive Plan.
  • F4/F5: RSU vesting language — vesting schedules referenced (annual installments/one-third anniversaries).
  • F3: (applies to options generally) options vest over a 24‑month period (as described in the filing).

Context

• For retail investors: RSU grants are awards that convert to shares only when vested; these grants carry vesting conditions referenced in the footnotes. The filing shows conversion/exercise of derivatives and immediate disposition on the same day, but it does not state cash proceeds or the specific settlement mechanics (e.g., net settlement or broker sale). Such same‑day conversions plus disposals are often administrative (not necessarily a directional vote on the stock), but the filing itself provides only the transactional facts.