Mukhija Manavdeep Singh 4
4 · Eagle Nuclear Energy Corp. · Filed Apr 17, 2026
Research Summary
AI-generated summary of this filing
Eagle Nuclear (NUCL) CEO Mukhija Manavdeep Singh Receives 1,000,000-Share Award
What Happened
Mukhija Manavdeep Singh, CEO, Chairman and a director of Eagle Nuclear Energy Corp. (NUCL), received equity awards on April 15, 2026 totaling 1,000,000 potential shares. The filing reports a grant of 250,000 restricted stock units (RSUs) and 750,000 additional derivative awards (RSUs and/or options) at $0.00 per share (no cash paid). The awards are subject to vesting and other conditions under the company's 2025 Equity Incentive Plan.
Key Details
- Transaction date: 2026-04-15; Form 4 filed: 2026-04-17 (timely within the SEC two-business-day window).
- Reported amounts: 250,000 RSUs (Column 4) and 750,000 derivative awards (Column 5); total potential = 1,000,000 shares. Reported price: $0.00; reported acquisition value: $0.
- Vesting: One‑third of the awards vested upon grant, one‑third will vest on the first anniversary, and the final one‑third on the second anniversary, each subject to continued service and award terms (see footnotes F1–F3).
- Shares owned after the transaction: Not specified in the provided filing details.
- Notable footnotes: F1/F2 describe RSUs as contingent rights to receive common stock under the 2025 Equity Incentive Plan; F3 describes a similar one‑third/one‑third/one‑third vesting schedule for stock options.
- Filing timeliness: Filed April 17 for a April 15 transaction—appears timely (not marked late).
Context
These awards are grants (not open‑market purchases or sales). RSUs and other derivative awards represent contingent claims on future shares that vest over time and typically convert to common stock only upon vesting (or require exercise if they are options). Because part of the award vested immediately, a portion may be eligible to convert to shares soon, but the majority vests over the next two years subject to continued service. Grants are compensatory and don’t, by themselves, indicate the insider is buying or selling stock.
Insider Transaction Report
- Award
Common Stock, par value $0.0001 per share
[F1][F2]2026-04-15+250,000→ 564,793 total - Award
Employee Stock Option (right to buy)
[F3]2026-04-15+750,000→ 750,000 totalExercise: $10.00→ Common Stock, par value $0.0001 per share (750,000 underlying)
Footnotes (3)
- [F1]The securities reported in Column 4 of Table I are restricted stock units ("RSU"). Each RSU represents a contingent right to receive one share of common stock, par value $0.0001 per share, of Eagle Nuclear Energy Corp. (the "Issuer"), subject to the vesting schedule and other conditions set forth in the applicable RSU award and Issuer's 2025 Equity Incentive Plan. One-third of the RSUs vested upon grant, one-third will vest on the first anniversary of the grant date, and the remaining one-third will vest on the second anniversary of the grant date, in each case subject to the reporting person's continued service with the Issuer.
- [F2]Certain of the securities reported in Column 5 are RSUs, each representing a contingent right to receive one share of Common Stock, subject to the terms and conditions of the applicable RSU award agreement, including the vesting schedule set forth therein, and the Issuer's 2025 Equity Incentive Plan.
- [F3]The stock options vest as follows: one‑third vested upon grant, one‑third will vest on the first anniversary of the grant date, and the remaining one‑third will vest on the second anniversary of the grant date, in each case subject to the reporting person's continued employment and the terms and conditions of the applicable option award agreement and the Issuer's 2025 Equity Incentive Plan.