4Filed Aug 2, 8:00 PM ET
Uranium Energy (UEC) Director Vincent Della Volpe Exercises Options, Receives RSUs
$UEC · URANIUM ENERGY CORPResearch Summary
AI-generated summary of this SEC filing
Uranium Energy (UEC) Director Vincent Della Volpe Exercises Options, Receives RSUs
What Happened
- Vincent Della Volpe, a Director of Uranium Energy Corp. (UEC), received stock awards and reported exercise/conversion of derivative instruments.
- On 2026-07-30 he was granted two restricted stock unit (RSU) awards totaling 17,846 RSUs (10,916 + 6,930) under the company’s 2024 Stock Incentive Plan (reported $0 value as these are derivative awards).
- On 2026-07-31 he recorded exercises/conversions of derivatives totaling 10,740 shares (5,129 + 3,339 + 2,272). The Form 4 shows those 10,740 shares were both acquired and disposed on the same date, all reported at $0.
Key Details
- Transaction dates: grants on 2026-07-30; exercises/conversions on 2026-07-31. Form filed 2026-08-03 (appears timely).
- Reported price/consideration: $0.00 for the RSU grants and for the exercises/conversions/dispositions.
- Shares after transaction: not provided in the supplied data.
- Footnotes included on the filing:
- F1: Each RSU converts to one common share at settlement.
- F2: Grants made under the 2024 Stock Incentive Plan.
- F3: (Related option note) Options vest over 24 months with staged vesting.
- F4: RSUs generally vest in three equal annual installments beginning July 31, 2027, subject to continued Board service.
- F5: This award has provisions where one‑third vests on each anniversary of grant (as noted).
- No indication in the provided data of a 10b5-1 plan or of late filing.
Context
- “Exercise/conversion of derivative (M)” indicates conversion or exercise of derivative awards (options or similar) into shares. The filing shows those shares were immediately disposed on the same day at $0 — this pattern is commonly seen when shares are net‑settled or transferred to cover tax withholding or similar administrative processes rather than as an open‑market sale. The RSU grants are compensation and will vest per the stated schedule; such awards are not by themselves a straightforward bullish or bearish signal about management sentiment.