SEC FORM 4

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Adnani Amir

(Last)

(First)

(Middle)

SUITE 1830

1188 WEST GEORGIA ST.

(Street)

VANCOUVER

V6E4A2

(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)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	President and CEO

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	07/29/2025		M		135,463	A	⁽²⁾	4,377,789	D
Common Stock	07/29/2025		F		88,051⁽¹⁾	D	$8.99	4,289,738	D
Common Stock	07/29/2025		M		48,041	A	⁽³⁾	4,337,779	D
Common Stock	07/29/2025		F		31,227⁽¹⁾	D	$8.99	4,306,552	D
Common Stock	07/29/2025		M		132,240	A	⁽³⁾	4,438,792	D
Common Stock	07/29/2025		F		86,316⁽¹⁾	D	$8.99	4,352,476	D
Common Stock	07/31/2025		M		132,564	A	⁽³⁾	4,485,040	D
Common Stock	07/31/2025		F		86,167⁽¹⁾	D	$8.68	4,398,873	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Performance Based Restricted Stock Units	⁽²⁾	07/29/2025		J			27,385	⁽⁴⁾	⁽⁴⁾	Common Stock	27,385	$0	676,447	D
Performance Based Restricted Stock Units	⁽²⁾	07/29/2025		M			135,463	⁽⁵⁾	⁽⁵⁾	Common Stock	135,463	$0	540,984	D
Restricted Stock Units	⁽³⁾	07/29/2025		M			48,041	⁽⁶⁾	⁽⁶⁾	Common Stock	48,041	$0	396,721	D
Restricted Stock Units	⁽³⁾	07/29/2025		M			132,240	⁽⁶⁾	⁽⁶⁾	Common Stock	132,240	$0	264,481	D
Restricted Stock Units	⁽³⁾	07/31/2025		A⁽⁸⁾		330,682		⁽⁷⁾	⁽⁷⁾	Common Stock	330,682	$0	595,163	D
Restricted Stock Units	⁽³⁾	07/31/2025		M			132,564	⁽⁶⁾	⁽⁶⁾	Common Stock	132,564	$0	132,564	I	By Amir Adnani Corp.

Explanation of Responses:

1. Represents shares of common stock withheld to satisfy tax withholding requirements upon vesting of Performance Based Restricted Stock Units and Restricted Stock Units.

2. Each Performance Based Restricted Stock Unit represents a contingent right to receive one share of common stock. This transaction represents the settlement of Performance Based Restricted Stock Units in shares of common stock on their scheduled vesting date.

3. Each Restricted Stock Unit represents the right to receive, at settlement, one share of common stock.

4. Represents the portion of unearned Performance Based Restricted Stock Units cancelled in accordance with their terms.

5. This award has vested on the third anniversary of the grant date.

6. This award has vested as to one-third of the Restricted Stock Units on the first, second and third anniversary of the grant date.

7. The Restricted Stock Units vest in three equal instalments beginning July 31, 2026. Vested shares will be delivered to the reporting person no later than August 30th of each year.

8. Granted pursuant to and in accordance with the 2024 Stock Incentive Plan.

	/s/ Amir Adnani	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).
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