MP Materials (NYSE: MP) director gets 3,998 deferred RSU shares delivered
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MP Materials director Maryanne Lavan converted previously granted restricted stock units into 3,998 shares of common stock. These RSUs were granted on November 17, 2020, vested on June 1, 2021, and delivery of the shares was deferred until June 15, 2026.
After this derivative exercise, she holds 23,753 shares of MP Materials common stock directly. This is a compensation-related equity delivery rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
3,998 shares exercised/converted
Mixed
2 txns
Insider
Lavan Maryanne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,998 | $0.00 | -- |
| Exercise | Common Stock | 3,998 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 23,753 shares (Direct, null)
Footnotes (1)
- Restricted stock units convert into common stock on a one-for-one basis. 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
Shares from RSU conversion: 3,998 shares
Post-transaction holdings: 23,753 shares
RSU grant size: 3,998 units
+2 more
5 metrics
Shares from RSU conversion
3,998 shares
Restricted stock units converting into common stock on June 15, 2026
Post-transaction holdings
23,753 shares
Common stock held directly by Maryanne Lavan after the transaction
RSU grant size
3,998 units
Restricted stock units granted on November 17, 2020
RSU vesting date
June 1, 2021
Date the 3,998 restricted stock units vested
Share delivery date
June 15, 2026
Deferred date when vested RSUs were settled in common stock
Key Terms
Restricted Stock Units, derivative security, Form 4, conversion or exercise price
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units""
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.
derivative security financial
"transaction_code_description: "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
conversion or exercise price financial
"conversion_or_exercise_price": "0.0000""
FAQ
What insider transaction did MP director Maryanne Lavan report on Form 4 for MP?
Maryanne Lavan reported converting restricted stock units into 3,998 shares of MP Materials common stock. The transaction reflects delivery of previously vested equity compensation, not an open-market buy or sell of shares.
When were the MP Materials restricted stock units granted and vested for Maryanne Lavan?
The 3,998 restricted stock units were granted to Maryanne Lavan on November 17, 2020. They vested on June 1, 2021, with the actual receipt of the underlying common shares deferred until June 15, 2026.
What do the footnotes in Maryanne Lavan’s MP Form 4 say about the restricted stock units?
The footnotes state that the restricted stock units convert into common stock on a one-for-one basis. They also explain the units were granted in 2020, vested in 2021, and share delivery was deferred until June 15, 2026.