Form 4: Ur-Energy Inc. Executive Exercises Restricted Share Units, Acquires Common Stock

Steven M. Hatten, Chief Operating Officer of Ur-Energy Inc., acquired 20,798 common shares after exercising restricted share units on January 17, 2025.

Summary

• Steven M. Hatten, the Chief Operating Officer of Ur-Energy Inc., exercised 29,564 restricted share units (RSUs) on January 17, 2025.
• Of the 29,564 RSUs, 8,766 were withheld by the company to cover tax obligations.
• Mr. Hatten received 20,798 common shares as a result of the RSU exercise.
• The common shares were valued at $1.1154 USD per share, which is equivalent to $1.61 Canadian dollars based on the exchange rate on the transaction date.
• Following the transaction, Mr. Hatten directly owns 324,775 common shares and 64,004 restricted share units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation. It is a positive sign that the executive is increasing their stake in the company, but it is not a major event.

Positives

• The exercise of RSUs by a key executive demonstrates confidence in the company's future.
• The transaction increases the executive's direct ownership in the company.

Industry Context

This is a standard transaction related to executive compensation and is common in publicly traded companies. It reflects the vesting of previously granted equity awards.

Comparison to Industry Standards

• The use of Restricted Share Units (RSUs) as part of executive compensation is a common practice among publicly listed companies, particularly in the resource sector.
• The vesting schedule and tax withholding arrangements are typical for RSU grants.
• The transaction is similar to those seen in other companies where executives receive equity as part of their compensation packages.

Stakeholder Impact

• The transaction increases the alignment of interests between management and shareholders.
• The transaction has a minor impact on the total number of shares outstanding.

Key Dates

Keywords

Ur-Energy Inc, Restricted Share Units, RSU, Common Shares, Steven M. Hatten, Executive Compensation, Insider Trading, Share Ownership