MP (NYSE: MP) insider trust discloses planned Rule 144 stock sale
Rhea-AI Filing Summary
A trust associated with an insider has filed a notice of proposed sales of MP common stock under Rule 144. The filing indicates an intention to sell 27,400 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of 1639068.00, against 177230483 common shares outstanding, on or around 01/07/2026 on the NYSE. These 27,400 shares were acquired as founder shares from the issuer on 11/17/2020.
The notice also details prior sales by the same trust during the past three months. On 12/05/2025, the trust sold 385000 common shares for gross proceeds of 24232308.26, and on 11/20/2025 it sold 248411 common shares for gross proceeds of 15864582.52. By signing the notice, the seller represents that they are not aware of undisclosed material adverse information about the issuer.
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FAQ
What stock is involved in this Rule 144 filing for MP?
The filing covers planned sales of common stock of the MP issuer. It identifies the securities as Common shares listed on the NYSE.
How many MP shares are planned to be sold under this Rule 144 notice?
The notice states an intention to sell 27,400 common shares, with an aggregate market value of 1639068.00, through Morgan Stanley Smith Barney LLC.
When were the MP shares to be sold under Rule 144 originally acquired?
The 27,400 MP common shares were acquired on 11/17/2020 as Founders Shares from the issuer, with the date of payment also listed as 11/17/2020.
How many MP shares has the seller disposed of in the past three months?
The filing shows that the JAMES HENRY LITINSKY REVOCABLE TRUST sold 385000 MP common shares on 12/05/2025 and 248411 shares on 11/20/2025.
What gross proceeds were received from recent MP share sales?
The trust received 24232308.26 in gross proceeds from the 12/05/2025 sale of 385000 shares and 15864582.52 from the 11/20/2025 sale of 248411 shares.
How many MP common shares are outstanding according to this filing?
The notice reports that there are 177230483 MP common shares outstanding, providing context for the size of the planned and recent sales.
What representation does the seller make about information on MP in this Rule 144 filing?
By signing, the seller represents that they do not know any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.