Robby Sai Kit Chang - 23 Dec 2025 Form 4 Insider Report for UR-ENERGY INC (URG)

Role: Director
Signature: /s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney
Issuer symbol: URG
Transactions as of: 23 Dec 2025
Net transactions value: $0
Form type: 4
Filing time: 29 Dec 2025, 18:00:05 UTC
Previous filing: 29 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Chang Robby Sai Kit	Director	10758 W. CENTENNIAL ROAD, SUITE 200, LITTLETON	/s/ Roger L. Smith Roger L. Smith pursuant to Power of Attorney	29 Dec 2025	0001732700

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	URG	Common Shares	Options Exercise	$23,869	+16,407	+19%	$1.45	100,586	24 Dec 2025	Direct	F1
transaction	URG	Common Shares	Disposed to Issuer	$23,869	-16,407	-16%	$1.45	84,179	24 Dec 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	Restricted share units (exchange for common shares)	Options Exercise	$0	-16,407	-26%	$0.000000	45,804	24 Dec 2025	Common Shares	16,407		Direct	F3, F4

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

Explanation of Responses:

Id	Content
F1	The RSUs were released and the shares were acquired at $1.9894 Canadian dollars, $1.4548 U.S. dollars is the equivalent price pursuant to the exchange rate realized as of the transaction date (Cdn$1.00 = US$0.7313).
F2	The shares were sold at $1.9894 Canadian dollars, $1.4548 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$0.7313).
F3	Each RSU is redeemable upon vesting for one common share.
F4	The RSUs became redeemable on December 7, 2025 and were released on December 23, 2025.