4Filed Aug 12, 8:00 PM ET

Centrus (LEU) CFO Todd Tinelli Receives RSUs; Sells 206 Shares

$LEU · CENTRUS ENERGY CORP

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Centrus (LEU) CFO Todd Tinelli Receives RSUs; Sells 206 Shares

What Happened
Todd M. Tinelli, Senior VP, Chief Financial Officer & Treasurer of Centrus Energy Corp (LEU), had 456 restricted stock units (RSUs) vest on August 11, 2026 and they were settled into 456 shares of Class A common stock. Of those, 206 shares were surrendered to Centrus to satisfy tax withholding obligations at $189.19 per share, totaling $38,973. The RSU conversion is reported as a derivative exercise/settlement.

Key Details

  • Transaction date: August 11, 2026; Form 4 filed August 13, 2026 (appears timely).
  • Grant/settlement: 456 RSUs vested and were converted to 456 shares (code A and M on the Form 4).
  • Tax withholding: 206 shares surrendered to the company at $189.19/share for $38,973 (code F).
  • Per footnotes: RSUs were granted Aug 11, 2025; vest annually in equal installments on each Aug 11 through Aug 11, 2028, subject to continued employment. Each RSU equals one share. Vested shares are delivered as soon as administratively practicable.
  • Shares owned after the transaction: not disclosed in this filing.

Context
This was a routine RSU vesting and partial share surrender to cover taxes, not an open-market sale or purchase. The primary change is issuance of shares from vested RSUs; surrender of shares for tax withholding is common and does not necessarily signal a change in insider sentiment.