Form 4: Energy Fuels EVP Sells 100,000 Shares

Energy Fuels' EVP of Heavy Minerals Sands Operations, Timothy James Carstens, sold 100,000 common shares at $14.27 per share.

Summary

• Timothy James Carstens, EVP, Heavy Minerals Sands Ops of Energy Fuels Inc. (UUUU), reported a transaction.
• On November 20, 2025, Mr. Carstens disposed of 100,000 common shares.
• The shares were sold at a price of $14.27 per share.
• Following the transaction, Mr. Carstens directly beneficially owns 167,029 common shares.
• Additionally, Mr. Carstens indirectly beneficially owns 10,914 common shares through Varadero Pty Ltd.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 5

Explanation: The filing reports an insider sale of common shares by an executive. While insider sales can sometimes be viewed negatively, the transaction was conducted under a Rule 10b5-1 plan, suggesting it was pre-scheduled and not necessarily indicative of a change in outlook.

Negatives

• The EVP, Heavy Minerals Sands Ops, Timothy James Carstens, sold 100,000 common shares, which could be perceived as a negative signal, although the transaction was made pursuant to a Rule 10b5-1 plan.

Stakeholder Impact

• Shareholders may perceive the insider sale as a signal, though the Rule 10b5-1 plan mitigates concerns about immediate negative implications.

Key Dates

Keywords

Energy Fuels, UUUU, insider trading, Form 4, share sale, executive, Timothy Carstens, Rule 10b5-1