UR-ENERGY (URG) Director Kathy Walker Exercises Options, Sells Shares

What Happened
Kathy E. Walker, a director of UR-ENERGY Inc. (URG), exercised 87,858 stock options on Aug 21, 2026 to acquire 87,858 common shares at $1.05 per share (total reported cost $91,935). On the same day she sold 72,838 of those shares in an open‑market transaction at $1.38 per share, generating proceeds of $100,546. The filing also reports the derivative disposition of the 87,858 options reflecting their conversion into shares.

Key Details

• Transaction date: 2026-08-21; Form 4 filed: 2026-08-24 (filing within required reporting period).
• Exercise price (per share): $1.05 (reported U.S. equivalent of C$1.44; exchange rate C$1.00 = US$0.7267).
• Sale price (per share): $1.38 (reported U.S. equivalent of C$1.8996).
• Exercise cost reported: $91,935; sale proceeds reported: $100,546.
• Shares owned after the transactions: not specified in the filing.
• Footnotes: options were granted 8/27/2021 and vested in thirds on 8/27/2022, 8/27/2023 and 8/27/2024 (per filing). No 10b5-1 plan or tax‑withholding detail is disclosed.

Context
This is an option exercise combined with an immediate open‑market sale of most of the acquired shares (a common cashless or liquidity event). The derivative disposition line simply reflects the options being converted into shares when exercised. The filing gives vesting and currency details but does not state a reason for the sale; such transactions by directors can be routine (liquidity, diversification, tax) and are not, by themselves, proof of company outlook.