IPERIONX Ltd (IPX) new director Loparco discloses 58,584 RSU equity grant
Rhea-AI Filing Summary
IPERIONX Ltd reported the initial equity holdings of new director Michael J. Loparco. Upon joining the board on August 3, 2026, he received a sign-on grant of 58,584 Restricted Stock Units (RSUs). According to the disclosure, these RSUs vest on August 3, 2027, and are currently reported as directly owned holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Loparco Michael J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units (RSUs) F1 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units (RSUs) — 58,584 shares (Direct)
Footnotes (1)
- F1. The RSUs vest on 8/3/2027
Key Figures
RSUs held: 58,584 RSUs
Vesting date: August 3, 2027
Board appointment date: August 3, 2026
3 metrics
RSUs held
58,584 RSUs
Total Restricted Stock Units directly owned following the reported holding entry
Vesting date
August 3, 2027
Date on which the reported RSUs are scheduled to vest
Board appointment date
August 3, 2026
Date Michael J. Loparco joined the Board of Directors of IPERIONX Ltd
Key Terms
Restricted Stock Units (RSUs), vesting, direct ownership
3 terms
Restricted Stock Units (RSUs) financial
"His sign on equity grant is the RSUs noted here."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
vesting financial
"The RSUs vest on 8/3/2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
direct ownership financial
"total_shares_following_transaction ... ownership_code: "D""
FAQ
What insider position did Michael J. Loparco report on IPX in this Form 3?
Michael J. Loparco reported 58,584 Restricted Stock Units (RSUs) of IPERIONX Ltd as directly owned. These RSUs are his sign-on equity grant linked to joining the company’s Board of Directors on August 3, 2026.
When do Michael J. Loparco’s RSUs in IPERIONX Ltd (IPX) vest?
Michael J. Loparco’s 58,584 RSUs vest on August 3, 2027. The vesting schedule is specified in a footnote stating that the RSUs granted in connection with his board appointment fully vest on that date.
Is Michael J. Loparco a director or officer of IPERIONX Ltd (IPX)?
Michael J. Loparco is reported as a director of IPERIONX Ltd and not as an officer. The Form 3 notes he joined the company’s Board of Directors on August 3, 2026, and the RSUs disclosed are his sign-on equity grant.
Are Michael J. Loparco’s IPX RSUs held directly or indirectly?
The 58,584 RSUs reported by Michael J. Loparco are held directly. The ownership code is shown as “D” for direct ownership, with no referenced intermediary entities or indirect holding structure in the disclosure.
Does the IPX Form 3 show any buy or sell transactions by Michael J. Loparco?
The Form 3 does not report any buy or sell transactions. It records an initial holding entry for 58,584 RSUs as of August 3, 2026, associated with his sign-on equity grant, rather than an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
