secwatch.observer — SEC 8-K summary
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Issuer:     CENTRUS ENERGY CORP (LEU)
CIK:        0001065059
Form:       8-K
Filed at:   2026-08-18T20:55:52+00:00
Accession:  0001628280-26-057731
Event type: other_material
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Centrus grants $12.3M performance RSUs to executives tied to Piketon milestones
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- Committee approved one-time performance RSU grant on Aug 15, 2026 under new 2026 Supplemental Executive Incentive Plan.
- CEO Vexler receives $5M RSUs vesting 100% on Final Milestone (first cascade enrichment).
- Other NEOs: Brown, Donelson, Tinelli $2M each; Nagarajan $1.3M; 30% vest on first cascade, 70% on Final Milestone.
- Awards forfeited if employment terminates before vesting; costs must fall within set range.
- Plan adopted under 2014 Equity Incentive Plan; award agreements to be filed with Q3 10-Q.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065059/000162828026057731/0001628280-26-057731-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065059/000162828026057731/leu-20260815.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-057731

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer