Williams Mikel H 4
Research Summary
AI-generated summary
Centrus (LEU) Director Mikel H. Williams Surrenders 302 Shares
What Happened
- Mikel H. Williams, a director of Centrus Energy Corp (LEU), surrendered 302 shares on 2026-06-26 to satisfy tax withholding obligations related to the settlement of 2025 restricted stock units (RSUs). The reported per-share price was $0.00 and the transaction shows $0 in proceeds — this was a tax-withholding share surrender, not an open-market sale.
Key Details
- Transaction date: 2026-06-26; Form 4 filed: 2026-06-30 (timely within the two-business-day reporting window).
- Transaction type/code: F (tax withholding — shares surrendered to cover tax liability).
- Shares surrendered/disposed: 302; reported dollar amount: $0.00 (cashless surrender to satisfy taxes).
- Shares owned after transaction: Not specified in the provided filing summary.
- Footnote: The filing states the 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 is a routine tax-withholding event (common when RSUs vest) rather than a market sale or purchase and generally should not be interpreted as a directional signal about the director’s view of the company. The filing shows no cash proceeds because the shares were surrendered to cover taxes.