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Get filing alertsUr-Energy shareholders approve stock option plan renewal with narrow 55% margin
Filed June 5, 2026 · Period ending June 4, 2026 · ~1 min read
Key Changes
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Stock option plan renewal passed with 55.3% support (115.5M for, 93.5M against), indicating significant shareholder concern about equity dilution or compensation structure.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Director Gary C. Huber received 81.4% support versus 98%+ for other seven directors, with 18.6% opposition (39.0M against vs. 170.0M for) representing elevated shareholder dissent.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Say-on-pay approved with 97.6% support (204.0M for, 5.0M against); shareholders selected annual frequency for future votes through 2032.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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BDO USA reappointed as auditor with 97.8% support (275.4M for, 6.1M withheld).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
Summary
Ur-Energy's June 4, 2026 annual meeting produced two noteworthy governance outcomes. The stock option plan renewal passed with just 55.3% support—115.5 million shares for versus 93.5 million against—indicating nearly half of voting shareholders opposed the equity compensation structure. This narrow margin suggests meaningful concern about dilution or plan terms that management should address.
Separately, director Gary C. Huber received 81.4% support compared to 98%+ for the other seven directors, with 39.0 million shares (18.6%) voting against his re-election. While Huber was re-elected, the elevated opposition warrants board attention to understand shareholder concerns.
The meeting's routine matters proceeded smoothly: say-on-pay passed with 97.6% support, auditor reappointment received 97.8%, and shareholders selected annual say-on-pay frequency through 2032. The meeting achieved quorum with 281.5 million shares (70.8% of outstanding) present or by proxy against a record date base of 397.3 million shares. The stock option plan's contested approval and Huber's lower support level are the items to monitor in upcoming proxy disclosures.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
Ur-Energy held its 2026 annual meeting, electing all directors and approving auditor reappointment, say-on-pay, and stock option plan renewal.
Added in current filing · view on EDGAR →
John W. Cash 205,087,421 | 98.14 | 3,877,398 | 1.86 | 72,507,195 | Rob Chang | 205,052,487 | 98.13 | 3,912,332 | 1.87 | 72,507,195 Elmer W. Dyke 205,009,032 | 98.11 | 3,955,786 | 1.89 | 72,507,196 Matthew D. Gili 204,956,311 | 98.08 | 4,008,509 | 1.92 | 72,507,194 Gary C. Huber 170,009,028 | 81.36 | 38,955,790 | 18.64 | 72,507,196 Thomas H. Parker 205,085,692 | 98.14 | 3,879,129 | 1.86 | 72,507,193 | John Paul Pressey | 204,952,526 | 98.08 | 4,012,293 | 1.92 | 72,507,195 Kathy E. Walker 204,828,025 | 98.02 | 4,136,796 | 1.98 | 72,507,193
All eight director nominees were elected at the June 4, 2026 annual meeting. Seven directors received 98% or higher support (1.86% to 1.98% opposition). Director Gary C. Huber received notably lower support at 81.36% for and 18.64% against, representing elevated shareholder opposition compared to the other nominees. The meeting had 281,472,014 shares present or by proxy, representing 70.84% of the 397,331,853 shares outstanding and entitled to vote as of the April 8, 2026 record date.
Added in current filing · view on EDGAR → · paraphrased
For 115,495,382 Against 93,469,439
Shareholders approved the renewal of the Amended and Restated Stock Option Plan 2005 and authorized unallocated stock options for three years. The vote was 115,495,382 for and 93,469,439 against, representing 55.3% support of votes cast. This relatively narrow approval margin (44.7% opposition) indicates significant shareholder concern about equity dilution or compensation structure.
Show 2 minor / wording changes
Added in current filing · view on EDGAR → · paraphrased
For 204,012,682 Against 4,952,139
Shareholders approved the advisory vote on named executive officer compensation with 204,012,682 votes for and 4,952,139 against, representing 97.6% support of votes cast. There were 72,507,193 broker non-votes. This non-binding vote indicates strong shareholder support for the company's executive compensation practices.
Added in current filing · view on EDGAR → · paraphrased
One 205,213,489 Two 482,868 Three 1,453,602 Abstain 1,814,856
Shareholders voted on the frequency of future say-on-pay votes, with 205,213,489 votes for annual frequency (one year), 482,868 for biennial, 1,453,602 for triennial, and 1,814,856 abstentions. The board adopted the shareholders' preference for annual votes and will conduct them yearly until the next say-when-on-pay vote in 2032.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify