=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-08-04
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: ENERGY FUELS INC (UUUU)
CIK: 0001385849
--- Reporting Owner ---
Name: Duvenhage Werner
CIK: 0002149862
Role: Officer (EVP Heavy Mineral Sands), Other (and Rare Earths)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Shares
Date: 2026-08-04 | Code: A (Grant or award)
Shares: +10,796 | Price: $0.00
Shares Owned After: 10,796 | Ownership: D (Direct)
Footnotes:
[F1] The amount reported in Table I, Section 4 represents unvested restricted stock units ("RSUs") issued at a price of $12.15/common share, which were granted to Reporting Person by the Issuer, effective as of August 4, 2026, and vesting as follows: 50% on 01/27/2027; 25% on 01/27/2028; and 25% on 01/27/2029.
--- Derivative Transactions ---
[Transaction #1]
Security: Performance-Based Stock Options
Date: 2026-08-04 | Code: A (Grant or award)
Shares: +11,830 | Price: $0.00
Exercisable: N/A | Expires: 2031-08-03
Shares Owned After: 11,830 | Ownership: D (Direct)
Footnotes:
[F2] The amount reported in Table II, Section 5 represents 11,830 unvested Performance-Based Stock Options granted to Reporting Person by the Issuer with a strike price at a 10% premium from the grant price of $12.15, effective as of August 4, 2026 and vesting as follows 50% one year from the effective date of grant; and 50% two years from the effective date of grant. The grant has a term of five years.
[F2] The amount reported in Table II, Section 5 represents 11,830 unvested Performance-Based Stock Options granted to Reporting Person by the Issuer with a strike price at a 10% premium from the grant price of $12.15, effective as of August 4, 2026 and vesting as follows 50% one year from the effective date of grant; and 50% two years from the effective date of grant. The grant has a term of five years.
--- Footnotes (Complete Index) ---
F1: The amount reported in Table I, Section 4 represents unvested restricted stock units ("RSUs") issued at a price of $12.15/common share, which were granted to Reporting Person by the Issuer, effective as of August 4, 2026, and vesting as follows: 50% on 01/27/2027; 25% on 01/27/2028; and 25% on 01/27/2029.
F2: The amount reported in Table II, Section 5 represents 11,830 unvested Performance-Based Stock Options granted to Reporting Person by the Issuer with a strike price at a 10% premium from the grant price of $12.15, effective as of August 4, 2026 and vesting as follows 50% one year from the effective date of grant; and 50% two years from the effective date of grant. The grant has a term of five years.
--- Signature ---
/s/ /s/ Werner Duvenhage (2026-08-08)
