Uranium Energy (UEC) Director Abraham Spencer Receives Equity Awards

What Happened

• Abraham Spencer, a director of Uranium Energy Corp. (UEC), received two equity awards on August 14, 2026: 1,623 derivative option-type awards and 1,015 Restricted Stock Units (RSUs). Both grants are recorded at $0.00 per share (no cash paid at grant), totaling 2,638 awards in aggregate.
• These awards are compensatory (not open-market purchases or sales) and do not represent an immediate transfer of common stock to Spencer; the awards will convert to shares according to vesting schedules.

Key Details

• Transaction date: August 14, 2026; Form 4 filed August 17, 2026 (covers the Aug 14 transaction).
• Grant details and prices: 1,623 derivative awards @ $0.00; 1,015 RSUs @ $0.00. Reported value at grant: $0.
• Vesting schedules:
  • Options (footnote F1): Vest over 24 months — 12.5% vest at 3 and 6 months from grant; 25% vest at 12, 18 and 24 months.
  • RSUs (footnotes F2/F3): Each RSU converts to one share at settlement; RSUs vest in three equal annual installments beginning July 31, 2027, subject to continued Board service. Vested shares to be delivered no later than August 30 each year.
• Shares owned after the transaction: Not specified in the filing.
• Filing timeliness: Form filed 3 days after the grant date; filing shows the grant and does not indicate late reporting.

Context

• These are compensation awards to a board member rather than open-market purchases or sales; they signal equity compensation alignment but are not direct buy/sell activity. RSUs and option awards only become stock if/when vesting conditions are met and any required exercise actions occur.
• For retail investors, such grants are common for director compensation. They do not imply immediate insider buying or selling and should be interpreted as part of routine executive/board pay unless later converted to shares and sold.