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[Form 4] Uranium Energy Corp. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Negative)
Form Type
4
Rhea-AI Filing Summary

Uranium Energy Corp. (UEC) Form 4 highlights: Senior VP U.S. Operations Brent Berg reported two transactions dated 29-31 Jul 2025.

  • Exercise (Code M): 4,007 previously-vested Restricted Stock Units (RSUs) were converted into common shares at a $0 exercise price, lifting direct holdings to 7,052 shares.
  • Tax withholding (Code F): 1,441 shares were automatically sold at $8.99 to satisfy payroll taxes, reducing direct ownership to 5,611 shares.
  • New equity award: On 31 Jul 2025 Berg received 19,148 new RSUs under the 2024 Stock Incentive Plan. These vest in three equal installments beginning 31 Jul 2026. Post-grant, Berg holds 27,163 unvested RSUs.

No open-market sales or purchases occurred; share dispositions were solely for tax obligations. The filing suggests ongoing alignment with shareholders through a larger equity incentive while maintaining a modest net increase in long-term exposure to UEC stock.

Punti salienti del Form 4 di Uranium Energy Corp. (UEC): Il Senior VP delle Operazioni USA, Brent Berg, ha riportato due operazioni datate dal 29 al 31 luglio 2025.

  • Esercizio (Codice M): 4.007 Restricted Stock Units (RSU) gi脿 maturate sono state convertite in azioni ordinarie a un prezzo di esercizio di $0, portando il possesso diretto a 7.052 azioni.
  • Ritenuta fiscale (Codice F): 1.441 azioni sono state vendute automaticamente a $8,99 per coprire le imposte sul reddito da lavoro, riducendo la propriet脿 diretta a 5.611 azioni.
  • Nuovo premio azionario: Il 31 luglio 2025 Berg ha ricevuto 19.148 nuove RSU nell'ambito del Piano di Incentivi Azionari 2024. Queste maturano in tre tranche uguali a partire dal 31 luglio 2026. Dopo la concessione, Berg detiene 27.163 RSU non maturate.

Non si sono verificate vendite o acquisti sul mercato aperto; le cessioni di azioni sono state effettuate esclusivamente per adempiere agli obblighi fiscali. La dichiarazione evidenzia un continuo allineamento con gli azionisti tramite un incentivo azionario pi霉 ampio, mantenendo un modesto aumento netto dell鈥檈sposizione a lungo termine sulle azioni UEC.

Aspectos destacados del Formulario 4 de Uranium Energy Corp. (UEC): El vicepresidente senior de Operaciones en EE. UU., Brent Berg, report贸 dos transacciones fechadas entre el 29 y el 31 de julio de 2025.

  • Ejercicio (C贸digo M): 4.007 Unidades de Acciones Restringidas (RSU) previamente adquiridas se convirtieron en acciones comunes a un precio de ejercicio de $0, elevando la tenencia directa a 7.052 acciones.
  • Retenci贸n fiscal (C贸digo F): Se vendieron autom谩ticamente 1.441 acciones a $8.99 para cubrir impuestos sobre la n贸mina, reduciendo la propiedad directa a 5.611 acciones.
  • Nuevo premio en acciones: El 31 de julio de 2025, Berg recibi贸 19.148 nuevas RSU bajo el Plan de Incentivos de Acciones 2024. Estas se consolidan en tres cuotas iguales a partir del 31 de julio de 2026. Tras la concesi贸n, Berg posee 27.163 RSU no consolidadas.

No hubo ventas ni compras en el mercado abierto; las disposiciones de acciones fueron exclusivamente para cumplir con obligaciones fiscales. El informe sugiere una continua alineaci贸n con los accionistas mediante un mayor incentivo de acciones, manteniendo un modesto aumento neto en la exposici贸n a largo plazo en acciones de UEC.

Uranium Energy Corp.(UEC) Form 4 欤检殧 雮挫毄: 氙戈淡 鞖挫榿 攵�靷灔 敫岆爩韸� 氩勱犯(Brent Berg)臧� 2025雲� 7鞗� 29鞚茧秬韯� 31鞚缄箤歆� 霊� 瓯挫潣 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟.

  • 頄夓偓 (旖旊摐 M): 鞚挫爠鞐� 旆摑霅� 鞝滍暅 欤检嫕 雼渼(RSU) 4,007臧滉皜 頄夓偓臧�瓴� $0鞙茧 氤错喌欤茧 鞝勴櫂霅橃柎 歆侅爲 氤挫湢 欤检嫕 靾橁皜 7,052欤茧 歃濌皜頄堨姷雼堧嫟.
  • 靹戈笀 鞗愳矞歆曥垬 (旖旊摐 F): 旮夓棳靹� 雮╇秬毳� 鞙勴暣 1,441欤缄皜 欤茧嫻 $8.99鞐� 鞛愲彊 毵る弰霅橃柎 歆侅爲 氤挫湢 欤检嫕 靾橁皜 5,611欤茧 臧愳唽頄堨姷雼堧嫟.
  • 鞁犼窚 欤检嫕 氤挫儊: 2025雲� 7鞗� 31鞚�, 氩勱犯電� 2024雲� 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 19,148臧滌潣 鞁犼窚 RSU毳� 氚涭晿鞀惦媹雼�. 鞚� RSU電� 2026雲� 7鞗� 31鞚茧秬韯� 靹� 彀鞐� 瓯胳硱 霃欖澕頃橁矊 旆摑霅╇媹雼�. 攵�鞐� 頉� 氩勱犯電� 27,163臧滌潣 氙胳法霌� RSU毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.

瓿店皽 鞁滌灔鞐愳劀鞚� 毵るГ電� 鞐嗢棃鞙茧┌, 欤检嫕 觳橂秳鞚� 靹戈笀 雮╇秬毳� 鞙勴暅 瓴冹澊鞐堨姷雼堧嫟. 鞚措矆 氤搓碃電� 雿� 韥� 欤检嫕 鞚胳劶韹半笇毳� 韱淀暣 欤检＜鞕�鞚� 歆�靻嶌爜鞚� 鞚检箻毳� 氤挫棳欤茧┌, UEC 欤检嫕鞐� 雽�頃� 鞛リ赴 雲胳稖鞚� 靻岉彮 靾滌鞁滍偆電� 瓴冹潉 鞚橂頃╇媹雼�.

Points cl茅s du Formulaire 4 d'Uranium Energy Corp. (UEC) : Le vice-pr茅sident principal des op茅rations aux 脡tats-Unis, Brent Berg, a d茅clar茅 deux transactions dat茅es du 29 au 31 juillet 2025.

  • Exercice (Code M) : 4 007 unit茅s d'actions restreintes (RSU) d茅j脿 acquises ont 茅t茅 converties en actions ordinaires 脿 un prix d'exercice de 0 $, portant la d茅tention directe 脿 7 052 actions.
  • Retenue fiscale (Code F) : 1 441 actions ont 茅t茅 automatiquement vendues 脿 8,99 $ pour couvrir les imp么ts sur la paie, r茅duisant la d茅tention directe 脿 5 611 actions.
  • Nouvelle attribution d'actions : Le 31 juillet 2025, Berg a re莽u 19 148 nouvelles RSU dans le cadre du plan d'incitation en actions 2024. Celles-ci seront acquises en trois versements 茅gaux 脿 partir du 31 juillet 2026. Apr猫s attribution, Berg d茅tient 27 163 RSU non acquises.

Aucune vente ou achat sur le march茅 ouvert n'a eu lieu ; les cessions d'actions ont uniquement servi 脿 satisfaire les obligations fiscales. Le d茅p么t sugg猫re un alignement continu avec les actionnaires via une incitation en actions plus importante tout en maintenant une l茅g猫re augmentation nette de l'exposition 脿 long terme aux actions UEC.

Highlights des Form 4 von Uranium Energy Corp. (UEC): Der Senior VP f眉r US-Operationen, Brent Berg, meldete zwei Transaktionen vom 29. bis 31. Juli 2025.

  • Aus眉bung (Code M): 4.007 zuvor unverfallene Restricted Stock Units (RSUs) wurden zu einem Aus眉bungspreis von $0 in Stammaktien umgewandelt, wodurch der Direktbestand auf 7.052 Aktien anstieg.
  • Steuerabzug (Code F): 1.441 Aktien wurden automatisch zu $8,99 verkauft, um Lohnsteuern zu begleichen, wodurch der Direktbesitz auf 5.611 Aktien sank.
  • Neue Aktienzuteilung: Am 31. Juli 2025 erhielt Berg 19.148 neue RSUs im Rahmen des Aktienanreizplans 2024. Diese werden in drei gleichen Tranchen ab dem 31. Juli 2026 f盲llig. Nach der Zuteilung h盲lt Berg 27.163 unverfallene RSUs.

Es gab keine K盲ufe oder Verk盲ufe am offenen Markt; Aktienver盲u脽erungen dienten ausschlie脽lich der Steuerbegleichung. Die Meldung deutet auf eine fortgesetzte Ausrichtung mit den Aktion盲ren durch einen gr枚脽eren Aktienanreiz hin, w盲hrend das langfristige Engagement in UEC-Aktien moderat steigt.

Positive
  • 19,148 new RSUs granted, increasing insider鈥檚 future equity stake and aligning incentives with long-term shareholder value.
  • 4,007 RSUs exercised and retained; no open-market sale, suggesting confidence rather than profit-taking.
Negative
  • 1,441 shares disposed at $8.99 for tax withholding, lowering direct share ownership to 5,611.

Insights

TL;DR: Routine incentive grant; no discretionary selling鈥攏eutral.

The exercise and settlement of 4,007 RSUs followed by a mandatory 1,441-share sale for taxes is standard administrative activity. More noteworthy is the new 19,148-RSU award, which materially increases Berg's future exposure to UEC performance without immediate dilution to public float (shares issued upon vesting). Because no open-market sale was initiated, market-signal risk is low. Overall, the transaction neither adds buying pressure nor reflects pessimism, rendering it impact-neutral.

TL;DR: Larger deferred stake aligns interests; impact minimal short-term.

Berg鈥檚 direct stake drops to 5,611 shares, but his derivative exposure balloons to 27,163 RSUs, vesting from 2026鈥�2028. This indicates personal confidence in U.S. uranium operations yet offers no immediate liquidity signal. For portfolio positioning, the filing does not warrant re-weighting UEC; however, expanding insider incentives may support long-term execution of domestic projects.

Punti salienti del Form 4 di Uranium Energy Corp. (UEC): Il Senior VP delle Operazioni USA, Brent Berg, ha riportato due operazioni datate dal 29 al 31 luglio 2025.

  • Esercizio (Codice M): 4.007 Restricted Stock Units (RSU) gi脿 maturate sono state convertite in azioni ordinarie a un prezzo di esercizio di $0, portando il possesso diretto a 7.052 azioni.
  • Ritenuta fiscale (Codice F): 1.441 azioni sono state vendute automaticamente a $8,99 per coprire le imposte sul reddito da lavoro, riducendo la propriet脿 diretta a 5.611 azioni.
  • Nuovo premio azionario: Il 31 luglio 2025 Berg ha ricevuto 19.148 nuove RSU nell'ambito del Piano di Incentivi Azionari 2024. Queste maturano in tre tranche uguali a partire dal 31 luglio 2026. Dopo la concessione, Berg detiene 27.163 RSU non maturate.

Non si sono verificate vendite o acquisti sul mercato aperto; le cessioni di azioni sono state effettuate esclusivamente per adempiere agli obblighi fiscali. La dichiarazione evidenzia un continuo allineamento con gli azionisti tramite un incentivo azionario pi霉 ampio, mantenendo un modesto aumento netto dell鈥檈sposizione a lungo termine sulle azioni UEC.

Aspectos destacados del Formulario 4 de Uranium Energy Corp. (UEC): El vicepresidente senior de Operaciones en EE. UU., Brent Berg, report贸 dos transacciones fechadas entre el 29 y el 31 de julio de 2025.

  • Ejercicio (C贸digo M): 4.007 Unidades de Acciones Restringidas (RSU) previamente adquiridas se convirtieron en acciones comunes a un precio de ejercicio de $0, elevando la tenencia directa a 7.052 acciones.
  • Retenci贸n fiscal (C贸digo F): Se vendieron autom谩ticamente 1.441 acciones a $8.99 para cubrir impuestos sobre la n贸mina, reduciendo la propiedad directa a 5.611 acciones.
  • Nuevo premio en acciones: El 31 de julio de 2025, Berg recibi贸 19.148 nuevas RSU bajo el Plan de Incentivos de Acciones 2024. Estas se consolidan en tres cuotas iguales a partir del 31 de julio de 2026. Tras la concesi贸n, Berg posee 27.163 RSU no consolidadas.

No hubo ventas ni compras en el mercado abierto; las disposiciones de acciones fueron exclusivamente para cumplir con obligaciones fiscales. El informe sugiere una continua alineaci贸n con los accionistas mediante un mayor incentivo de acciones, manteniendo un modesto aumento neto en la exposici贸n a largo plazo en acciones de UEC.

Uranium Energy Corp.(UEC) Form 4 欤检殧 雮挫毄: 氙戈淡 鞖挫榿 攵�靷灔 敫岆爩韸� 氩勱犯(Brent Berg)臧� 2025雲� 7鞗� 29鞚茧秬韯� 31鞚缄箤歆� 霊� 瓯挫潣 瓯半灅毳� 氤搓碃頄堨姷雼堧嫟.

  • 頄夓偓 (旖旊摐 M): 鞚挫爠鞐� 旆摑霅� 鞝滍暅 欤检嫕 雼渼(RSU) 4,007臧滉皜 頄夓偓臧�瓴� $0鞙茧 氤错喌欤茧 鞝勴櫂霅橃柎 歆侅爲 氤挫湢 欤检嫕 靾橁皜 7,052欤茧 歃濌皜頄堨姷雼堧嫟.
  • 靹戈笀 鞗愳矞歆曥垬 (旖旊摐 F): 旮夓棳靹� 雮╇秬毳� 鞙勴暣 1,441欤缄皜 欤茧嫻 $8.99鞐� 鞛愲彊 毵る弰霅橃柎 歆侅爲 氤挫湢 欤检嫕 靾橁皜 5,611欤茧 臧愳唽頄堨姷雼堧嫟.
  • 鞁犼窚 欤检嫕 氤挫儊: 2025雲� 7鞗� 31鞚�, 氩勱犯電� 2024雲� 欤检嫕 鞚胳劶韹半笇 瓿勴殟鞐� 霐半澕 19,148臧滌潣 鞁犼窚 RSU毳� 氚涭晿鞀惦媹雼�. 鞚� RSU電� 2026雲� 7鞗� 31鞚茧秬韯� 靹� 彀鞐� 瓯胳硱 霃欖澕頃橁矊 旆摑霅╇媹雼�. 攵�鞐� 頉� 氩勱犯電� 27,163臧滌潣 氙胳法霌� RSU毳� 氤挫湢頃橁碃 鞛堨姷雼堧嫟.

瓿店皽 鞁滌灔鞐愳劀鞚� 毵るГ電� 鞐嗢棃鞙茧┌, 欤检嫕 觳橂秳鞚� 靹戈笀 雮╇秬毳� 鞙勴暅 瓴冹澊鞐堨姷雼堧嫟. 鞚措矆 氤搓碃電� 雿� 韥� 欤检嫕 鞚胳劶韹半笇毳� 韱淀暣 欤检＜鞕�鞚� 歆�靻嶌爜鞚� 鞚检箻毳� 氤挫棳欤茧┌, UEC 欤检嫕鞐� 雽�頃� 鞛リ赴 雲胳稖鞚� 靻岉彮 靾滌鞁滍偆電� 瓴冹潉 鞚橂頃╇媹雼�.

Points cl茅s du Formulaire 4 d'Uranium Energy Corp. (UEC) : Le vice-pr茅sident principal des op茅rations aux 脡tats-Unis, Brent Berg, a d茅clar茅 deux transactions dat茅es du 29 au 31 juillet 2025.

  • Exercice (Code M) : 4 007 unit茅s d'actions restreintes (RSU) d茅j脿 acquises ont 茅t茅 converties en actions ordinaires 脿 un prix d'exercice de 0 $, portant la d茅tention directe 脿 7 052 actions.
  • Retenue fiscale (Code F) : 1 441 actions ont 茅t茅 automatiquement vendues 脿 8,99 $ pour couvrir les imp么ts sur la paie, r茅duisant la d茅tention directe 脿 5 611 actions.
  • Nouvelle attribution d'actions : Le 31 juillet 2025, Berg a re莽u 19 148 nouvelles RSU dans le cadre du plan d'incitation en actions 2024. Celles-ci seront acquises en trois versements 茅gaux 脿 partir du 31 juillet 2026. Apr猫s attribution, Berg d茅tient 27 163 RSU non acquises.

Aucune vente ou achat sur le march茅 ouvert n'a eu lieu ; les cessions d'actions ont uniquement servi 脿 satisfaire les obligations fiscales. Le d茅p么t sugg猫re un alignement continu avec les actionnaires via une incitation en actions plus importante tout en maintenant une l茅g猫re augmentation nette de l'exposition 脿 long terme aux actions UEC.

Highlights des Form 4 von Uranium Energy Corp. (UEC): Der Senior VP f眉r US-Operationen, Brent Berg, meldete zwei Transaktionen vom 29. bis 31. Juli 2025.

  • Aus眉bung (Code M): 4.007 zuvor unverfallene Restricted Stock Units (RSUs) wurden zu einem Aus眉bungspreis von $0 in Stammaktien umgewandelt, wodurch der Direktbestand auf 7.052 Aktien anstieg.
  • Steuerabzug (Code F): 1.441 Aktien wurden automatisch zu $8,99 verkauft, um Lohnsteuern zu begleichen, wodurch der Direktbesitz auf 5.611 Aktien sank.
  • Neue Aktienzuteilung: Am 31. Juli 2025 erhielt Berg 19.148 neue RSUs im Rahmen des Aktienanreizplans 2024. Diese werden in drei gleichen Tranchen ab dem 31. Juli 2026 f盲llig. Nach der Zuteilung h盲lt Berg 27.163 unverfallene RSUs.

Es gab keine K盲ufe oder Verk盲ufe am offenen Markt; Aktienver盲u脽erungen dienten ausschlie脽lich der Steuerbegleichung. Die Meldung deutet auf eine fortgesetzte Ausrichtung mit den Aktion盲ren durch einen gr枚脽eren Aktienanreiz hin, w盲hrend das langfristige Engagement in UEC-Aktien moderat steigt.

SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a 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). See Instruction 10.
1. Name and Address of Reporting Person*
BERG BRENT
(Last) (First) (Middle)
9384 E. DIANNA DRIVE
(Street)
GOLD CANYON AZ 85118
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
URANIUM ENERGY CORP [ UEC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Senior VP, U.S. Operations
3. Date of Earliest Transaction (Month/Day/Year)
07/29/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 07/29/2025 M 4,007 A (1) 7,052 D
Common Stock 07/29/2025 F 1,441(2) D $8.99 5,611 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 07/29/2025 M 4,007 (3) (3) Common Stock 4,007 $0 8,015 D
Restricted Stock Units (1) 07/31/2025 A(4) 19,148 (5) (5) Common Stock 19,148 $0 27,163 D
Explanation of Responses:
1. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.
2. Represents shares of common stock withheld to satisfy tax withholding requirements upon vesting of Restricted Stock Units.
3. This award has vested as to one-third of the Restricted Stock Units on the first, second and third anniversary of the grant date.
4. Granted pursuant to and in accordance with the 2024 Stock Incentive Plan.
5. The Restricted Stock Units vest in three equal installments beginning July 31, 2026. Vested shares will be delivered to the reporting person no later than August 30th of each year.
/s/ BRENT BERG 07/31/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source:

FAQ

How many UEC shares does Brent Berg now own directly?

After the reported transactions, he holds 5,611 common shares.

What new equity award did the UEC executive receive?

Berg was granted 19,148 Restricted Stock Units on 31 Jul 2025 under the 2024 Stock Incentive Plan.

Were any UEC shares sold on the open market?

No. The only disposition was 1,441 shares withheld at $8.99 solely to cover taxes.

When will the newly granted RSUs vest?

They vest in three equal installments starting 31 Jul 2026, with delivery no later than 30 Aug each year.

What is the total unvested RSU balance for the executive?

Following the grant, Berg holds 27,163 unvested RSUs.
Stock UEC logo
Uranium Energy

NYSE:UEC

UEC Rankings

#2599 Ranked by Market Cap
N/A Ranked by Dividends

UEC Latest News

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UEC Latest SEC Filings

Jul 31, 2025
[Form 4] Uranium Energy Corp. Insider Trading Activity
Jul 31, 2025
[Form 4] Uranium Energy Corp. Insider Trading Activity
Jul 31, 2025
[Form 4] Uranium Energy Corp. Insider Trading Activity
Jul 31, 2025
[Form 4] Uranium Energy Corp. Insider Trading Activity
Jul 31, 2025
[Form 4] Uranium Energy Corp. Insider Trading Activity

UEC Stock Data

3.86B
436.11M
1.92%
78.09%
11.66%
Uranium
Miscellaneous Metal Ores
United States
VANCOUVER