Form 4: UR-Energy Director Boosts Stake with Options, RSUs

UR-Energy Director Gary C. Huber acquired 91,602 common share options and 22,902 restricted share units, increasing his beneficial ownership.

Summary

• Gary C. Huber, a Director of UR-ENERGY INC (URG), acquired 91,602 common share options and 22,902 restricted share units (RSUs) on December 22, 2025.
• The common share options have an exercise price of $1.4657 USD (equivalent to Cdn$2.02 at an exchange rate of Cdn$1.00 = US$0.7256) and expire on December 22, 2030.
• The options will vest in three equal annual installments of 30,534 shares on December 22, 2026, December 22, 2027, and December 22, 2028.
• Each restricted share unit is redeemable for one common share upon vesting, with redemption scheduled on or within 30 days of December 22, 2027.
• Following these transactions, Mr. Huber beneficially owns 427,992 derivative common share options and 62,211 derivative restricted share units.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities intended to satisfy Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: The acquisition of equity awards by a director is generally viewed positively as it aligns the director's interests with shareholders. The pre-planned nature of the transaction also adds a layer of transparency.

Positives

• The acquisition of additional equity awards by a director signals increased alignment of management interests with those of shareholders.
• The pre-planned nature of the transaction (Rule 10b5-1 plan) suggests a structured approach to insider equity participation.

Related Party Transactions

• The acquisition of common share options and restricted share units by Director Gary C. Huber from UR-Energy Inc. constitutes a related party transaction.

Stakeholder Impact

• Shareholders: Increased alignment of a director's financial interests with shareholder value due to greater equity ownership.
• Management: The director's compensation structure is further tied to the company's stock performance.

Next Steps

• Vesting of common share options on 12/22/2026, 12/22/2027, and 12/22/2028.
• Redemption of restricted share units on or within 30 days of 12/22/2027.

Key Dates

Keywords

UR-Energy, URG, Form 4, Insider Transaction, Stock Options, Restricted Share Units, Director, Beneficial Ownership, Equity Awards, 10b5-1 Plan