Director at MP Materials (NYSE: MP) receives grant of 3,038 restricted stock units
Rhea-AI Filing Summary
WEISENBURGER RANDALL J reported acquisition or exercise transactions in this Form 4 filing.
MP Materials Corp. director Randall J. Weisenburger received a grant of 3,038 restricted stock units, each tied to one share of common stock. This is a compensation award, not an open‑market purchase or sale.
The RSUs vest on the earlier of June 15, 2027 or the next annual stockholder meeting, as long as he continues serving as a director through that date. Settlement into shares occurs on the earlier of June 15 following the fifth anniversary of vesting, a qualifying change in control event, or his separation from service. The RSUs fully vest if there is a change in control of MP Materials or if his board service ends due to death or disability.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WEISENBURGER RANDALL J
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") 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
Underlying shares: 3,038 shares
Exercise/Conversion price: $0.00 per unit
+1 more
4 metrics
RSUs granted
3,038 units
Restricted stock units granted on June 9, 2026
Underlying shares
3,038 shares
Common stock underlying granted RSUs
Exercise/Conversion price
$0.00 per unit
RSU grant price recorded on Form 4
Vesting date trigger
June 15, 2027
Latest time-based vesting date for the RSUs
Key Terms
Restricted Stock Units, RSU, 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.
RSU financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share..."
Restricted stock units (RSUs) are a form of company shares given to employees as part of their compensation, usually with certain restrictions or conditions, such as remaining with the company for a set period. When these restrictions lift, employees receive actual shares that they can sell or hold. For investors, RSUs can impact a company's stock supply and reflect the company's commitment to attracting and retaining talent.
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.) director Randall Weisenburger report on this Form 4?
He reported receiving 3,038 restricted stock units as a compensation award. Each unit represents a contingent right to one share of MP Materials common stock, subject to vesting conditions and delayed settlement timing set out in the award terms.
How many MP restricted stock units were granted to the director on June 9, 2026?
The director received 3,038 restricted stock units on June 9, 2026. These units convert into an equal number of common shares only after vesting and later settlement events, so they do not immediately increase the director’s freely tradable share count.
When do Randall Weisenburger’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 his continued service as a director through that vesting date, aligning the award with ongoing board service.
Under what conditions are the MP RSUs settled into common stock?
Once vested, the RSUs are settled into common stock at the earliest of three events: June 15 following the fifth anniversary of vesting, a qualifying change in control event, or the director’s separation from service, as defined under Section 409A rules.
Do the MP restricted stock units vest faster if there is a change in control?
Yes. The RSUs fully vest upon a change in control of MP Materials. They also fully vest if the director’s service ends because of death or disability, accelerating vesting compared with the standard time‑based or meeting‑based schedule.