MP Materials (NYSE: MP) director awarded 3,038 RSUs with multi-year vesting
Rhea-AI Filing Summary
Lavan Maryanne reported acquisition or exercise transactions in this Form 4 filing.
MP Materials Corp. director Maryanne Lavan received a grant of 3,038 restricted stock units, each representing one share of Class A common stock. The units were awarded at no cost as equity compensation and bring her directly held RSU balance to 3,038.
These RSUs vest on the earlier of June 15, 2027 or the next annual stockholder meeting, if she continues serving as a director through that date. Once vested, they are settled in shares upon the earlier of a June 15 date following the fifth anniversary of vesting, a qualifying change in control event, or her separation from service, with full vesting upon a change in control or termination due to death or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lavan Maryanne
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,038 | $0.00 | $0.00 |
Holdings After Transaction:
Restricted Stock Units — 3,038 shares (Direct)
Footnotes (1)
- F1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of MP Materials Corp. ("Issuer") Class A common stock. These RSUs vest on the earlier of: (i) June 15, 2027; and (ii) the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service through the applicable vesting date, and settled upon the earlier to occur of (x) June 15th following the fifth anniversary of the vesting date; (y) a "change in control event" within the meaning of Section 409A of the Internal Revenue Code; and (z) the date of the director's separation from service. These RSUs fully vest upon a change in control of the Issuer or the director's termination of service due to death or disability.
Key Figures
RSUs granted: 3,038 units
RSUs following transaction: 3,038 units
Vesting date: June 15, 2027
3 metrics
RSUs granted
3,038 units
Award of restricted stock units to director on June 9, 2026
RSUs following transaction
3,038 units
Total directly held RSUs after grant
Vesting date
June 15, 2027
Latest possible vesting date, or earlier at next annual meeting
Key Terms
Restricted Stock Units, Class A common stock, change in control event, Section 409A of the Internal Revenue Code
4 terms
Restricted Stock Units financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Class A common stock financial
"to receive one share of MP Materials Corp. ("Issuer") Class A common stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
change in control event financial
"a "change in control event" within the meaning of Section 409A of the Internal Revenue Code"
Section 409A of the Internal Revenue Code financial
"within the meaning of Section 409A of the Internal Revenue Code"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MP (MP Materials Corp.) report in this Form 4 for Maryanne Lavan?
MP Materials reported that director Maryanne Lavan received 3,038 restricted stock units as an equity award. Each unit represents one share of Class A common stock and was granted at no cost, increasing her directly held RSU balance to 3,038 units.
How many MP restricted stock units were granted to director Maryanne Lavan?
Maryanne Lavan was granted 3,038 restricted stock units from MP Materials Corp. These units are a form of stock-based compensation for her board service and each RSU corresponds to one share of the company’s Class A common stock once they vest and settle.
When do Maryanne Lavan’s MP restricted stock units vest?
The RSUs vest on the earlier of June 15, 2027 or the next annual meeting of MP Materials’ stockholders. Vesting requires her continued service as a director through that date, after which settlement timing follows additional specified triggers and schedules.
Does the RSU award for MP director Maryanne Lavan accelerate on a change in control?
Yes. The Form 4 notes that all of Maryanne Lavan’s RSUs fully vest upon a change in control of MP Materials Corp. They also fully vest if her board service ends because of death or disability, providing protection for these specified circumstances.