MP Materials (NYSE: MP) director granted 624 deferred stock units in retainer deferral
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MP Materials director Connie K. Duckworth reported an acquisition of 624 deferred stock units (DSUs) of common stock on June 30, 2026. The award reflects her election to defer cash retainers into stock-based compensation and carries no cash purchase price.
Each DSU is fully vested at grant and represents the right to receive one MP Materials common share. The DSUs will be settled in stock upon the earlier of a specified June 15 settlement date tied to when retainers are earned, certain changes in control of the company, or Duckworth’s separation from service. Following this grant, she directly holds 41,774 shares and DSUs in total.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
DUCKWORTH CONNIE K
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 624 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,774 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Deferred stock units granted: 624 units
Total holdings after transaction: 41,774 shares/units
Grant price per unit: $0.0000
+2 more
5 metrics
Deferred stock units granted
624 units
Awarded June 30, 2026 as retainer deferral
Total holdings after transaction
41,774 shares/units
Direct ownership following June 30, 2026 grant
Grant price per unit
$0.0000
Stock-based award, no cash purchase price
Transaction code
A
Grant, award, or other acquisition of common stock
Transaction direction
acquire
Non-derivative award of deferred stock units
Key Terms
deferred stock units, cash retainers, separation from service, change in control
4 terms
deferred stock units financial
"Represents deferred stock units ("DSUs") awarded in connection with the election to defer cash retainers"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
cash retainers financial
"awarded in connection with the election to defer cash retainers by the reporting person"
separation from service financial
"the date of the reporting person's separation from service"
change in control financial
"certain changes in control of the registrant"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
FAQ
What did MP (MP) director Connie Duckworth report in this Form 4 filing?
Connie Duckworth reported receiving 624 deferred stock units as director compensation. These units were awarded in lieu of cash retainers, are fully vested at grant, and each represents the right to receive one share of MP Materials common stock at a future settlement date.
What are deferred stock units (DSUs) in MP (MP) director compensation?
Deferred stock units are stock-based awards granted instead of cash retainers to directors. Each DSU represents a right to receive one common share, is fully vested at grant, and will be settled in shares at a future date based on pre-defined triggering events.
Did Connie Duckworth pay cash for the 624 MP (MP) deferred stock units?
No cash was paid for these 624 deferred stock units. They were awarded in connection with Connie Duckworth’s election to defer her cash retainers as a director, effectively converting that cash compensation into fully vested stock-based units instead of a cash payment.