4Filed Jul 30, 8:00 PM ET
Uranium Energy EVP Scott Melbye Receives Shares; $534K Tax Withholding
$UEC · URANIUM ENERGY CORPResearch Summary
AI-generated summary of this SEC filing
Uranium Energy EVP Scott Melbye Receives Shares; $534K Tax Withholding
What Happened
Scott Melbye, Executive Vice President of Uranium Energy Corp (UEC), had performance- and restricted-stock units settle and reported a related tax-withholding share payment. The filing shows a grant of 81,109 RSUs on 2026-07-30 and multiple derivative conversions/settlements reported 2026-07-31 (aggregate shown in the filing). To cover tax liabilities, 55,656 shares were withheld at a reported value of $9.60 per share, generating $534,298. The derivative/award entries are reported at $0 per share because they represent the settlement of RSUs/Performance-Based RSUs, not open-market purchases or sales.
Key Details
- Transaction dates: Grant on 2026-07-30; RSU/derivative settlements and tax withholding on 2026-07-31. Filing date: 2026-07-31.
- Tax withholding: 55,656 shares withheld at $9.60 each = $534,298 (transaction code F for tax/withholding).
- Awards/Conversions: Filing shows RSU/performance-unit grants and conversions (codes A and M). Several conversion lines total 133,302 shares based on reported entries; these converted units minus the 55,656 withheld ~78k net shares delivered (approximate, based on lines in the filing).
- Price reporting: $0 per share for many lines reflects derivative awards converting to stock (not market trades). The only monetary figure reported is the withholding value ($534,298).
- Footnotes: Settlement of Performance-Based RSUs and Restricted Stock Units (F1–F3); awards granted under the 2024 Stock Incentive Plan (F4); prior PBRSUs have settled (F8).
- Shares owned after transaction: Not stated in the provided filing excerpt.
Context
- These were vesting/settlement events of RSUs/PBRUs rather than open-market buys or discretionary sales by the insider. The withholding of shares to cover taxes is routine for vested equity awards and does not necessarily indicate a market-sale decision.
- Transaction codes: A = award/grant, M = exercise/conversion of derivative (here, RSU settlement), F = payment of exercise price/tax liability (share withholding).
- Filing appears timely (transactions dated 7/30–7/31, filed 7/31/2026).