01/20/2026 | Press release | Distributed by Public on 01/20/2026 19:02
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| 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 control number. | SEC 1474 (9-02) | ||
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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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Restricted Stock Units | (9) | 01/15/2026 | M | 22,828 | (9) | (9) | Common Stock | 22,828 | (9) | 391,364 | D | ||||
| Restricted Stock Units | (10) | 01/15/2026 | M | 122,741 | (10) | (10) | Common Stock | 122,741 | (10) | 268,623 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
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BAKKER FRANK C/O WESTWATER RESOURCES, INC. 6950 S. POTOMAC STREET, SUITE 300 CENTENNIAL, CO 80112 |
X | President and CEO | ||
| /s/ Frank Bakker | 01/20/2026 | |
| **Signature of Reporting Person | Date |
| * | 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). |
| (1) | Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 10, 2023. |
| (2) | Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 10, 2023 grant. |
| (3) | Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 30, 2024. |
| (4) | Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 30, 2024 grant. |
| (5) | Represents shares of common stock issued upon the partial vesting of restricted stock units subject to total stockholder return ("TSR") criteria under the Company's May 30, 2024 grant. |
| (6) | Represents the shares of common stock withheld by the Company in satisfaction of the reporting person's tax withholding obligation arising as a result of the partial vesting of the restricted stock unit award granted on May 27, 2025. |
| (7) | Represents shares of common stock issued upon the partial vesting of restricted stock units subject to performance based-vesting criteria under the Company's May 27, 2025 grant. |
| (8) | Represents shares of common stock issued upon the partial vesting of restricted stock units subject to total stockholder return ("TSR") criteria under the Company's May 27, 2025 grant. |
| (9) | Represents restricted stock units that vest one-third based on TSR for the year ended December 31, 2024, one-third based on TSR for the year ended December 31, 2025, and one-third based on TSR for the year ended December 31, 2026, with the number of restricted stock units potentially vesting divided equally among the annual periods. |
| (10) | Represents restricted stock units that vest one-third based on TSR for the year ended December 31, 2025, one-third based on TSR for the year ended December 31, 2026, and one-third based on TSR for the year ended December 31, 2027, with the number of restricted stock units potentially vesting divided equally among the annual periods. |