Uranium Energy (UEC) Director Abraham Spencer Receives RSU Award

What Happened

• Abraham Spencer, a director of Uranium Energy Corp (UEC), was granted two restricted stock unit (RSU) awards totaling 39,294 RSUs on July 30, 2026 (24,035 and 15,259 RSUs). These awards were granted under the Issuer's 2024 Stock Incentive Plan and reported as derivative awards (code A) with no cash price ($0.00).
• On July 31, 2026 Spencer had three derivative conversion/exercise entries totaling 26,800 shares (12,822; 8,349; 5,629). Those conversions are reported as both acquisitions and disposals at $0.00 (code M), consistent with conversion/settlement activity rather than an open-market sale or purchase. No cash proceeds are reported in the filing.

Key Details

• Transaction dates: Grant dated 2026-07-30; conversions/exercises dated 2026-07-31.
• Amounts: Grants = 24,035 RSUs and 15,259 RSUs (total 39,294 RSUs). Conversions/exercises = 12,822; 8,349; 5,629 (total 26,800).
• Prices/values: All entries reported at $0.00 (derivative form); filing shows no cash consideration or proceeds.
• Footnotes: F1 = each RSU converts to one share at settlement; F2 = granted under 2024 Stock Incentive Plan; F4/F5 = RSUs vest in three equal annual installments (vesting schedule and delivery rules noted in filing).
• Shares owned after transaction: Not disclosed in the data provided.
• Filing timeliness: Filing date 2026-08-03 for transactions occurring 2026-07-30/31 (timeliness not flagged in the provided data).

Context

• These were derivative award and settlement transactions (RSUs and conversions), not open-market buys or discretionary sales. RSU grants are awards that vest over time; the filing’s footnotes indicate staking/vesting schedules (annual installments and delivery no later than Aug 30 of each vesting year).
• The conversions reported at $0.00 often reflect internal settlement mechanics (e.g., conversion of units to shares and possible share withholding to satisfy taxes or plan terms) rather than a public sale that generates cash proceeds.