MP Materials director receives 3,998 deferred shares
MP Materials Corp. director Richard B. Myers exercised previously granted restricted stock units and received common shares.
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Rhea-AI Filing Summary
MP Materials Corp. director Richard B. Myers exercised previously granted restricted stock units and received common shares. On June 15, 2026, 3,998 restricted stock units converted into 3,998 shares of common stock on a one-for-one basis, increasing his direct holdings to 7,792 shares.
The RSUs were originally granted on November 17, 2020, vested on June 1, 2021, and delivery of the underlying shares was deferred until June 15, 2026. This filing reflects a compensation-related share delivery, with no open-market buying or selling reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,998 | $0.00 | $0.00 |
| Exercise | Common Stock | 3,998 | $0.00 | $0.00 |
Footnotes (2)
- F1. Restricted stock units convert into common stock on a one-for-one basis.
- F2. On November 17, 2020, the reporting person was granted 3,998 restricted stock units, which vested on June 1, 2021, and the reporting person's receipt of the shares of common stock was deferred until June 15, 2026.
Key Figures
Key Terms
Restricted Stock Units financial
one-for-one basis financial
derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MP (MP) report for Richard B. Myers?
When were the MP (MP) restricted stock units granted and vested for Myers?
Does the MP (MP) Form 4 show any open-market buying or selling by Myers?
How do the restricted stock units in MP (MP) convert into common stock?
AI-generated analysis. How Rhea-AI works. Not financial advice.