Form 4: UR-Energy CFO Acquires Shares from RSU Vesting

UR-Energy's Chief Financial Officer, Roger L. Smith, acquired 19,387 common shares through the redemption of restricted share units.

Summary

• Roger L. Smith, Chief Financial Officer of UR-Energy Inc., reported a change in beneficial ownership.
• On December 23, 2025, Mr. Smith acquired 19,387 common shares of UR-Energy Inc. (URG).
• This acquisition resulted from the redemption of 27,384 Restricted Share Units (RSUs) that vested.
• 7,997 RSUs were withheld by the company to satisfy tax withholding obligations.
• The common shares were priced at $1.4657 U.S. dollars per share, equivalent to Cdn$2.02 based on the Bank of Canada's exchange rate of Cdn$1.00 = US$0.7256 on the transaction date.
• Following this transaction, Mr. Smith directly beneficially owns 651,562 common shares.
• He also directly beneficially owns 73,367 derivative securities in the form of Restricted Share Units.

Sentiment

Score: 6

Explanation: Slightly positive, as it indicates an increase in direct insider ownership, which can be viewed favorably by investors as aligning management's interests with shareholders. However, it's a routine compensation event rather than an open market purchase.

Positives

• The Chief Financial Officer's direct beneficial ownership of common shares increased by 19,387, potentially aligning management interests with shareholders.

Negatives

• 7,997 Restricted Share Units were withheld by the company for tax withholding obligations, reducing the net shares received by the reporting person.

Future Outlook

The filing does not contain any forward-looking statements or guidance regarding the company's future performance or operations.

Industry Context

This Form 4 filing details a routine insider transaction related to executive compensation, specifically the vesting and redemption of Restricted Share Units. It does not provide information on broader industry trends or competitive landscape, but rather reflects an individual executive's equity holdings in the company.

Stakeholder Impact

• Shareholders: The increase in the Chief Financial Officer's direct common share ownership may be viewed positively, suggesting continued alignment of management's interests with shareholder value.
• Employees: The RSU vesting and share acquisition is part of the company's executive compensation structure, which can impact employee morale and retention strategies.

Key Dates

Keywords

UR-Energy, URG, Roger L. Smith, CFO, Insider Transaction, Form 4, Restricted Share Units, RSU, Common Shares, Beneficial Ownership, Uranium