MP Materials (NYSE: MP) CFO details RSU vesting, tax share sales
Rhea-AI Filing Summary
MP Materials Corp. Chief Financial Officer Ryan Corbett filed a Form 4 reporting stock activity tied to restricted stock units (RSUs). On January 12, 2026, he acquired 16,573 common shares from time-based RSUs and 30,590 common shares from performance-based RSUs at $0 per share as the awards vested. The performance-based units were granted in 2023 and vest after a three-year period based on relative total shareholder return versus the S&P 400 Index and S&P 400 Materials Index.
On January 12, 13, and 14, 2026, Corbett had a total of 28,812 shares withheld at prices between $63.82 and $69.3 per share to cover tax obligations on these vestings, reported under transaction code “F.” After these transactions, he directly held 175,017 shares of MP Materials common stock.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 3,511 | $69.30 | $243K |
| Tax Withholding | Common Stock | 5,948 | $63.82 | $380K |
| Grant/Award | Common Stock | 16,573 | $0.00 | -- |
| Grant/Award | Common Stock | 30,590 | $0.00 | -- |
| Tax Withholding | Common Stock | 12,038 | $65.34 | $787K |
| Tax Withholding | Common Stock | 7,315 | $65.34 | $478K |
Footnotes (1)
- The securities reported are restricted stock units that vest in four annual installments beginning on the first anniversary of the grant date. Each restricted stock unit represents the contingent right to receive, upon vesting of the unit, one share of the issuer's common stock. Represents the number of shares of Common Stock received upon vesting of restricted stock units with performance conditions award previously granted to the reporting person on February 23, 2023. Under the terms of this award, the restricted stock units with performance conditions cliff vest upon the conclusion of the three-year performance period from 01/01/2023 through 12/31/2025 and the certification of the Company's achievement of the pre-established performance conditions based on the relative total shareholder return of the Company's share price compared to the S&P 400 Index and S&P 400 Materials Index. Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units with performance conditions that vested on January 12, 2026. Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 12, 2026. Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 13, 2026. Represents shares withheld to satisfy tax withholding obligations applicable to the vesting of restricted stock units that vested on January 14, 2026.