Penne A. Goplerud - 10 Nov 2025 Form 4 Insider Report for UR-ENERGY INC (URG)

Role: Gen Counsel and Corp Secretary
Signature: /s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney
Issuer symbol: URG
Transactions as of: 10 Nov 2025
Net transactions value: -$190,075
Form type: 4
Filing time: 12 Nov 2025, 17:24:52 UTC
Previous filing: 21 Jan 2025
Next filing: 29 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
GOPLERUD PENNE A	Gen Counsel and Corp Secretary	10758 W. CENTENNIAL ROAD, SUITE 200, LITTLETON	/s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney	12 Nov 2025	0001595551

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	URG	Common Shares	Options Exercise	$101,848	+226,630	+53%	$0.4494	657,238	10 Nov 2025	Direct	F1
transaction	URG	Common Shares	Sale	$291,922	-226,630	-34%	$1.29	430,608	10 Nov 2025	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	URG	Common share options (right to buy)	Options Exercise	$0	-226,630	-34%	$0.000000	435,426	10 Nov 2025	Common Shares	226,630	$0.4494	Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The options were exercised and the shares were acquired at $0.63 Canadian dollars, $0.4494 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7133).
F2	The shares were sold at $1.8058 Canadian dollars, $1.2881 U.S. dollars is the equivalent of the sales price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7133).
F3	The 226,630 options were granted on 11/13/2020 and vested and became exercisable as follows: 75,543 on 11/13/2021; 75,543 on 11/13/2022; and 75,544 on 11/13/2023.