Form 4: UR-Energy COO Acquires Shares from RSU Vesting
Insider Transaction Report
UR-Energy's Chief Operating Officer, Steven M. Hatten, acquired 20,989 common shares through the vesting and redemption of Restricted Share Units.
Summary
- Steven M. Hatten, Chief Operating Officer of UR-Energy Inc. (URG), reported a change in beneficial ownership.
- On December 23, 2025, Mr. Hatten acquired 20,989 common shares of UR-Energy Inc.
- This acquisition resulted from the redemption of 27,745 Restricted Share Units (RSUs) that were granted on December 7, 2023.
- Upon redemption, 6,756 RSUs were withheld by the company to satisfy tax withholding obligations.
- The common shares were valued at $1.4657 U.S. dollars per share, which was equivalent to Cdn$2.02 based on an exchange rate of Cdn$1.00 = US$0.7256 on the transaction date.
- Following this transaction, Mr. Hatten directly beneficially owns 345,764 common shares and 74,332 derivative securities (RSUs).
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to compensation, which is neither significantly positive nor negative for the company's immediate outlook.
Positives
- The Chief Operating Officer's direct beneficial ownership of common shares increased, which can align management interests with shareholders.
Future Outlook
This filing reports a past transaction and does not contain forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This transaction is a routine insider compensation event and does not directly reflect broader industry trends or competitive dynamics.
Related Party Transactions
- The redemption of Restricted Share Units and subsequent acquisition of common shares by the Chief Operating Officer constitutes a related party transaction as part of executive compensation.
Stakeholder Impact
- Shareholders: Minor positive impact due to increased alignment of management's interests with shareholders through direct share ownership.
- Employees: No direct impact on the broader employee base, as this relates to executive compensation.
- Customers, Suppliers, Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 12/07/2023 | Reporting person was granted 27,745 Restricted Share Units (RSUs). |
| 12/07/2025 | The Restricted Share Units (RSUs) became redeemable upon vesting. |
| 12/23/2025 | RSUs were released and 20,989 common shares were received after tax withholding. |
| 12/29/2025 | Form 4 filing date. |
Recommendation
holdThis Form 4 filing details a routine compensation event for a company officer (vesting of Restricted Share Units) and does not provide new material information that would warrant a change in investment recommendation. It reflects a pre-scheduled event rather than a discretionary open market purchase or sale.
Keywords
UR-Energy, URG, Form 4, insider transaction, Restricted Share Units, RSU vesting, beneficial ownership, Steven M. Hatten, Chief Operating Officer
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