Energy Fuels President and CEO Ross R. Bhappu sold 14,375 shares at $12.44 per share on August 5, according to an SEC Form 4 filing. The transaction, valued at $178,830, reduced his direct equity position by 6% and was a non-discretionary sale executed solely to satisfy tax withholding obligations triggered by a vesting event. Following the sale, Bhappu directly holds 242,208 shares worth approximately $3.0 million based on the August 5 closing price. The company recently reported second-quarter revenue of $25.1 million, a nearly 500% year-over-year increase, though its GAAP net loss widened to $33.6 million.
Energy Fuels IncCEO's insider sale, though for tax withholding, signals reduced insider ownership.
