Rothrock Ray A. 4
Research Summary
AI-generated summary
Centrus (LEU) Director Ray Rothrock Surrenders 235 Shares for Taxes
What Happened
- Ray A. Rothrock, a director of Centrus Energy Corp. (LEU), surrendered 235 shares to the company on 2026-06-26 to satisfy tax withholding related to the settlement of 2025 restricted stock units (RSUs). The Form 4 lists the transaction price as $0.00 and reports no cash proceeds. This was a tax-withholding share surrender (routine), not an open-market sale.
Key Details
- Transaction date: 2026-06-26
- Filing date: 2026-06-30 (filed within the Form 4 reporting deadline)
- Transaction code: F (payment of exercise price or tax liability / tax withholding)
- Shares surrendered: 235; reported price: $0.00; reported proceeds/value: $0
- Shares owned after transaction: not disclosed in this filing
- Footnote: F1 — shares were surrendered to the company in exchange for cash to satisfy the reporting person's tax liability from the settlement of 2025 RSUs
Context
- This was a tax-withholding action tied to RSU settlement (commonly called "sell-to-cover" or share withholding) and is a routine administrative disposition rather than a directional buy or sell signal. It reduces the insider's share count by the surrendered amount but does not represent an open-market sale or purchase.