Uranium Energy (UEC) Director Trecia Canty Exercises Options, Receives RSUs

What Happened

• Trecia M. Canty, a director of Uranium Energy Corp (UEC), had two types of insider activity reported on July 30–31, 2026: awards (RSUs) and conversions/exercises of derivatives (code M). On 2026-07-30 she was granted 17,846 restricted stock units (10,916 + 6,930) at $0. On 2026-07-31 she recorded conversions/exercises totaling 10,740 shares (5,129 + 3,339 + 2,272). The exercise/conversion entries are also reported as disposed at $0 in the filing.
• Dollar values are reported as $0 or N/A in the filing. The grants are labeled as awards (RSUs) and the M-code entries indicate exercise/conversion of derivatives; matching disposed entries at $0 suggest a net settlement/withholding or immediate transfer recorded in the Form 4 (the filing itself shows $0 consideration).

Key Details

• Transaction dates/prices: Grants 7/30/2026 — 10,916 and 6,930 RSUs at $0; Exercises/conversions 7/31/2026 — 5,129, 3,339 and 2,272 derivative shares reported acquired and also disposed at $0.
• Shares involved: 17,846 RSUs granted; 10,740 derivative shares converted/exercised (and reported disposed) on the following day.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Notable footnotes from the filing:
  • F1: Each RSU represents the right to receive one common share at settlement.
  • F2: Grants made under the Issuer’s 2024 Stock Incentive Plan.
  • F3: (For options) vesting over 24 months with staged percentages.
  • F4/F5: RSU vesting schedules are described (annual installments or one‑third vesting on anniversaries) in the footnotes.
• Filing timeliness: The Form 4 was filed 2026-07-31 for transactions on 2026-07-30 and 2026-07-31, which is within the usual Form 4 reporting window.

Context

• Code M indicates exercise or conversion of a derivative into common stock. The filing shows the exercised/conversion shares were also reported as disposed at $0; such $0 disposals on Form 4s commonly reflect net settlement, tax-withholding, or similar non‑cash transfer mechanisms rather than an open-market sale, but the filing itself does not state a cash sale price.
• The grants are RSUs (not open-market purchases), so they are compensation awards rather than a cash investment by the insider; RSU vesting terms are in the footnotes.