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Mp Materials Corporation SEC Filings

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Welcome to our dedicated page for Mp Materials Corporation SEC filings (Ticker: MP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.

MP Materials Corp. (NYSE: MP) files a range of reports and disclosure documents with the U.S. Securities and Exchange Commission (SEC) that shed light on its rare earth materials and magnetics business. On this SEC filings page, Stock Titan surfaces those documents alongside AI-powered summaries to help readers interpret the technical and legal language.

For MP Materials, Form 10-K annual reports and Form 10-Q quarterly reports provide detail on the Materials and Magnetics segments, rare earth oxide and NdPr production metrics, revenue composition, and risk factors tied to mining, processing, and magnet manufacturing. These filings also discuss the company’s decision to cease sales of products to China and the resulting impact on rare earth concentrate revenue and segment performance.

Form 8-K current reports are particularly important for MP, as they document material events such as the transformational public–private partnership with the U.S. Department of Defense / Department of War, the NdPr price floor protection agreement, the 10-year magnet offtake agreement for the 10X facility, the Apple long-term magnet supply and recycling agreement, the Saudi Arabia refinery joint venture with Maaden and the DoW, and key financing actions including preferred stock issuance, warrants, credit facilities, and public equity offerings.

Users can also review filings related to capital structure and credit arrangements, such as the revolving credit agreement with a bank syndicate and the terms of the Series A cumulative perpetual convertible preferred stock and associated warrant. Where available, proxy statements and compensation-related 8-Ks explain performance-based equity awards tied to heavy rare earth refinement, NdPr production, magnet output at the Independence and 10X facilities, and recycling capacity milestones.

Stock Titan’s tools highlight the most relevant sections of lengthy MP Materials filings, summarize complex agreements, and make it easier to track new 8-Ks, 10-Qs, 10-Ks, and any Form 4 insider transaction reports as they are posted to EDGAR in real time.

Rhea-AI Summary

MP Materials Corp. describes a rapidly expanding, vertically integrated rare earth business centered on its Mountain Pass mine and Independence magnet facility. The company now operates two segments: Materials, which produces NdPr and other rare earth oxides, and Magnetics, which has begun manufacturing NdFeB permanent magnets.

A transformational public‑private partnership with the U.S. Department of War underpins major growth projects, including expanding the Independence Facility, building a second 10X magnet plant, and adding heavy rare earth refining. The DoW guarantees at least $140 million of EBITDA at the 10X Facility and provides NdPr price floor protection at $110 per kg.

Long‑term supply agreements with General Motors and Apple position MP as a key U.S. supplier of magnets and recycled rare earth feedstock. The company highlights cost advantages, sustainability initiatives, and tight labor retention, but also details extensive regulatory, commodity price, execution, and covenant risks tied to its government partnership and debt.

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MP Materials Corp. reported fourth-quarter and full-year 2025 results highlighting rapid growth in rare earth production and new downstream businesses. Fourth-quarter revenue was $52.7 million, down 14% year-over-year after stopping rare earth concentrate sales to China, but the company generated net income of $9.4 million and Adjusted EBITDA of $39.2 million versus a loss a year ago, helped by $51.0 million of price protection income from a new agreement with the U.S. Department of War.

For 2025, revenue rose 10% to $224.4 million, while net loss widened to $85.9 million and Adjusted EBITDA improved to $11.4 million from a $50.2 million loss. The company produced a record 2,599 metric tons of NdPr oxide, up 101%, and 50,692 metric tons of rare earth oxides in concentrate, up 12%. A new Magnetics segment delivered $66.9 million of magnetic precursor products revenue and positive segment Adjusted EBITDA. MP secured a $200 million incentive package for a new 10X magnetics facility in Texas, entered a “transformational” public‑private partnership with the Department of War, and signed long-term magnet and recycling agreements, including with Apple, while ending the year with $1.83 billion in cash, cash equivalents and short‑term investments.

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Bank of Nova Scotia has disclosed a minority stake in MP Materials Corp. The filing reports beneficial ownership of 6,795,441 shares of MP Materials common stock, representing 3.72% of the outstanding class as of the reporting date of 12/31/2025. The bank reports sole power to vote and dispose of all of these shares, with no shared voting or dispositive power.

The Bank of Nova Scotia is classified in this filing as a parent holding company under Rule 13d-1(b)(1)(ii)(G), and states that it owns 5 percent or less of the class. This Schedule 13G/A is an amended institutional ownership report and does not describe any transaction terms, only the level of beneficial ownership and control rights over the shares.

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MP Materials Corp.'s General Counsel and Secretary, Elliot Dean Hoops, reported a planned stock sale under a pre-arranged Rule 10b5-1 trading plan. On January 20, 2026, he sold 7,823 shares of common stock at a weighted average price of $68.21 per share, with individual trades executed between $68.00 and $68.55. Following the sale, he beneficially owned 74,967 shares directly and an additional 1,000 shares indirectly held by his spouse.

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MP Materials Corp. Chief Accounting Officer reports tax-related share withholding. On January 22, 2026, 1,198 shares of common stock were withheld at a price of $68.37 per share to cover tax obligations arising from the vesting of restricted stock units on the same date. After this withholding, the officer beneficially owned 49,246 shares of MP Materials common stock directly.

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MP Materials Corp. has a planned sale notice under SEC Rule 144 for 7,823 shares of common stock, with an aggregate market value of $533,569.28. The shares are to be sold through Merrill on the NYSE, with an approximate sale date of 01/20/2026. MP Materials had 177,230,483 shares of common stock outstanding at the time stated.

The securities to be sold come from restricted stock that vested on 01/12/2026 and 01/13/2026, in amounts of 3,942 and 3,881 common shares, respectively, acquired from MP Materials Corp. The person for whose account the securities are to be sold represents that they do not know of any undisclosed material adverse information about the issuer’s current or prospective operations.

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MP Materials Corp. reported that its General Counsel and Secretary, Elliot D. Hoops, had restricted stock units vest and related tax share withholdings in mid-January 2026. On January 12, 2026, he acquired 8,722 shares of common stock from time-based RSUs and 22,942 shares from performance-based RSUs at no cost, following the completion of a performance period and certification of pre-set performance conditions.

To cover tax obligations from these vestings, the company withheld shares on several dates, including 9,028 and 4,526 shares on January 12, 3,769 shares on January 13, and 1,300 shares on January 14 at stated market prices. After these transactions, Hoops directly beneficially owned 82,790 shares of MP Materials common stock and indirectly held an additional 1,000 shares through his spouse.

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MP Materials Corp. Chief Accounting Officer David Gregory Infuso reported several equity transactions involving company common stock. On January 12, 2026, he acquired 3,894 shares tied to restricted stock units that vest in four annual installments beginning on the first anniversary of the grant date, and an additional 1,301 shares from restricted stock units that vested on the date of grant, both at a reported price of $0 per share.

To cover tax withholding on these vestings, the report shows shares withheld: 581 shares at $65.34 on January 12, 1,820 shares at $63.82 on January 13, and 444 shares at $69.30 on January 14, 2026. After these transactions, Infuso directly beneficially owns 50,444 shares of MP Materials common stock.

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MP Materials Corp. Chief Financial Officer Ryan Corbett filed a Form 4 reporting stock activity tied to restricted stock units (RSUs). On January 12, 2026, he acquired 16,573 common shares from time-based RSUs and 30,590 common shares from performance-based RSUs at $0 per share as the awards vested. The performance-based units were granted in 2023 and vest after a three-year period based on relative total shareholder return versus the S&P 400 Index and S&P 400 Materials Index.

On January 12, 13, and 14, 2026, Corbett had a total of 28,812 shares withheld at prices between $63.82 and $69.3 per share to cover tax obligations on these vestings, reported under transaction code “F.” After these transactions, he directly held 175,017 shares of MP Materials common stock.

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MP Materials Corp. reported insider equity transactions by Chief Operating Officer Michael Rosenthal. On January 12, 2026, he acquired 18,318 shares of common stock for $0 per share from time-based restricted stock units that vest in four annual installments, and 33,648 shares from a performance-based restricted stock unit award tied to relative total shareholder return over the 01/01/2023–12/31/2025 period.

To cover tax withholding on these vestings, the company withheld 10,619 shares on January 12, 2026 at $65.34 per share and 9,083 shares on January 13, 2026 at $63.82 per share, both reported with transaction code “F.” After these transactions, Rosenthal directly held 1,316,673 shares of MP Materials common stock, and an additional 126,622 shares were reported as indirectly owned through the Rosenthal Family Trust.

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FAQ

What is the current stock price of Mp Materials Corporation (MP)?

The current stock price of Mp Materials Corporation (MP) is $63.73 as of March 2, 2026.

What is the market cap of Mp Materials Corporation (MP)?

The market cap of Mp Materials Corporation (MP) is approximately 10.4B.

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10.43B
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