Centrus Energy (NYSE: LEU) SVP awarded 2,777 shares, surrenders 836 for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Centrus Energy Corp senior vice president John M A Donelson received 2,777 shares of Class A Common Stock as a performance-based award under the 2023 long-term incentive program. The award was granted at no cash cost to him.
On the same date, 836 of these shares were surrendered back to the company at $209.64 per share to satisfy tax withholding obligations, which is not an open-market sale. After these transactions, he directly holds 1,941 shares of Centrus Energy Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Donelson John M A
Role
SVP, Sales & Chief Mktg Off
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 2,777 | $0.00 | -- |
| Tax Withholding | Class A Common Stock | 836 | $209.64 | $175K |
Holdings After Transaction:
Class A Common Stock — 2,777 shares (Direct)
Footnotes (1)
- Shares issued pursuant to a performance award under the 2023 long-term incentice program. Shares surrendered to the company to satisfy tax withholding.
FAQ
What insider transaction did Centrus Energy (LEU) report for John M A Donelson?
Centrus Energy reported that executive John M A Donelson received 2,777 shares of Class A Common Stock as a performance-based award. The grant was made under the 2023 long-term incentive program and reflects stock-based compensation rather than an open-market purchase.
Were any of John M A Donelson’s Centrus Energy (LEU) transactions open-market sales or purchases?
The Form 4 shows no open-market sales or purchases. It reports a stock grant of 2,777 shares at no cost and a disposition of 836 shares surrendered to the company solely to satisfy tax withholding, not as a market sale.
What role does John M A Donelson hold at Centrus Energy (LEU) according to the Form 4?
According to the Form 4, John M A Donelson serves as Senior Vice President, Sales and Chief Marketing Officer of Centrus Energy. The reported stock transactions relate to his executive compensation under the company’s 2023 long-term incentive program.
What type of equity award did Centrus Energy (LEU) grant to John M A Donelson?
Centrus Energy granted John M A Donelson a performance award of 2,777 shares of Class A Common Stock under its 2023 long-term incentive program. The shares were issued as compensation and not purchased in the open market by the executive.