Uranium Energy (UEC) CEO Amir Adnani Receives 573K Shares

What Happened
Amir Adnani, President, CEO and Director of Uranium Energy Corp (UEC), had Performance-Based Restricted Stock Units and Restricted Stock Units settle on July 31, 2024, resulting in the issuance of 573,047 shares. To satisfy tax withholding/tax liability, a total of 306,582 shares were surrendered (disposed) for cash consideration totaling $1,793,824 across multiple withholding calculations. The net shares issued to Adnani after withholding were 266,465. Transaction codes show conversion/exercise of derivative awards (M) and shares withheld to pay taxes (F).

Key Details

• Transaction date: July 31, 2024 (amended Form 4 filed July 31, 2026 — late/amended filing).
• Gross shares issued on settlement: 573,047.
• Shares withheld for taxes (disposed): 306,582 (total cash value reported: $1,793,824). Per-share withholding prices reported: $5.86, $5.56, $5.93.
• Net shares retained by insider after withholding: 266,465.
• Codes: M = exercise/conversion of derivative (RSU/PBRSU settlement); F = shares withheld to satisfy tax/exercise price.
• Footnotes indicate these were Performance Based Restricted Stock Units and Restricted Stock Units that vested/settled; withholding was used to satisfy tax obligations (F1–F3, F7–F8).
• Shares owned after the transaction: not disclosed in the provided excerpt.
• Filing status: This is an amended Form 4 filed two years after the reported transaction date (filed 2026-07-31 for 2024-07-31 activity).

Context
This was a routine vesting/settlement of equity awards (PBRSUs/RSUs) rather than an open-market purchase or voluntary sale; shares were withheld to cover tax liabilities (a common "net settlement" or cashless withholding). Such award settlements reflect compensation vesting and do not, by themselves, indicate an active buy or sell decision by the insider. The late/amended filing corrects or updates reporting and should be noted by investors tracking insider timeliness.