Form 4: Centrus Energy Corp Director William J Madia Reports Changes in Beneficial Ownership

Director William J Madia of Centrus Energy Corp reports acquisition and disposal of Class A Common Stock on June 20, 2024, resulting in a net decrease in holdings.

Summary

• On June 20, 2024, William J Madia, a director at Centrus Energy Corp, engaged in transactions involving Class A Common Stock.
• Madia acquired 3,049 shares of Class A Common Stock at $0.
• Simultaneously, Madia disposed of 1,436 shares of Class A Common Stock at $0 to cover tax liabilities related to the settlement of 2023 RSUs.
• Following these transactions, Madia's direct ownership stands at 57,922 shares of Class A Common Stock.
• This total includes 47,445 vested RSUs and 7,428 shares held under the company's equity incentive plan.
• The newly acquired restricted stock units vest on June 20, 2025, and will be settled by issuing shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Future Outlook

The newly acquired restricted stock units vest on June 20, 2025, and will be settled at the time by issuing shares.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities. It allows investors to monitor the actions of key individuals within Centrus Energy Corp.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure.
• The surrender of shares to cover tax liabilities could affect the company's cash flow, although the impact is likely minimal.

Key Dates