Mp Materials Corporation SEC Filings

Maryanne Lavan, a director of MP Materials Corp. (MP), acquired 419 deferred stock units (DSUs) on 09/30/2025 as reported on Form 4. The filing shows the DSUs were granted at a price of $0 and are fully vested on grant. After the award, the reporting person beneficially owns 19,199 shares of MP common stock. The DSUs each represent a right to one share and will be settled upon the earlier of: (i) June 15 following the fifth calendar year after the year the cash retainers are earned, (ii) certain changes in control, or (iii) the reporting person's separation from service. The Form 4 was signed by an attorney-in-fact on behalf of Ms. Lavan.

James H. Litinsky, Chairman and CEO and director of MP Materials Corp. (MP), reported changes in his beneficial ownership of common stock. The filing shows a donation of 25,000 shares of common stock on 09/12/2025 to a donor-advised fund for charitable purposes, recorded as a disposition with no sale proceeds. The report also lists a separate disposition of 412,344 shares. After the reported transactions, the filing discloses indirect beneficial ownership of 13,618,076 shares held by the James Henry Litinsky Revocable Trust, for which he serves as sole trustee.

Michael Stuart Rosenthal, Chief Operating Officer of MP Materials Corp. (MP), reported multiple open-market sales totaling 150,000 shares on 08/29/2025. The sales were executed in multiple transactions at weighted-average prices reported as $71.48, $72.56 and $73.23, with per-tranche price ranges disclosed in the filing. Following the transactions, the filing shows 1,284,409 shares held directly and 126,622 shares held indirectly through the Rosenthal Family Trust.

MP Materials Corp. notice of a proposed sale under Rule 144 for 150,000 common shares through Fidelity Brokerage Services with an aggregate market value of $10,803,255. The filing lists total shares outstanding as 177,098,314 and an approximate sale date of 08/29/2025 on the NYSE. The shares were acquired as stock awards from the issuer on 03/15/2021 (1,965 shares), 01/14/2022 (3,925 shares), 03/16/2022 (337 shares) and 02/17/2022 (143,773 shares), and payment is shown as compensation. No securities were reported sold in the past three months.

MP Materials Corp. entered into a Credit Agreement dated August 25, 2025 under which MP Materials is the parent borrower and JPMorgan Chase Bank, N.A. serves as administrative agent and collateral agent, with lenders and letter-of-credit issuers as parties. The facility permits borrowing priced either at a one-month SOFR rate plus 1.00% or a Base Rate of 1.00%, plus an additional margin that varies by the company’s total leverage: 1.75%–2.50% per annum for SOFR-based loans and 0.75%–1.50% per annum for Base Rate loans. The filing includes an interactive data file formatted as inline XBRL and is signed by Elliot D. Hoops, General Counsel and Secretary.

MP Materials Corp. reported stronger top-line activity in the first half of 2025, with revenue rising to $118.2 million for the six months ended June 30, 2025 from $79.9 million a year earlier, driven by higher NdPr oxide/metal sales and the start of magnetic precursor product shipments from its Independence Facility. Magnetics revenue began in Q1 2025 and contributed $19.9 million in the quarter. The company held substantial liquidity with $261.5 million of cash and $492.1 million of short-term investments, totaling $753.7 million.

Despite revenue growth, MP reported operating losses: a net loss of $30.9 million for Q2 2025 and $53.5 million for the six months, reflecting higher operating costs and SG&A. Total debt principal was $930.5 million (carrying amount ~$910.8 million), and deferred revenue from GM prepayments totaled $124.9 million. The company announced strategic shifts in 2025: it ceased shipments of concentrate to China and, in July 2025, entered DoD agreements to expand domestic magnet and HREE capacity, including commitments that provide price floors and purchase assurances for future production.