MP Materials (NYSE: MP) director awarded 3,038 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DUCKWORTH CONNIE K reported acquisition or exercise transactions in this Form 4 filing.
MP Materials director Connie K. Duckworth received a grant of 3,038 restricted stock units, each representing one share of Class A common stock. The RSUs vest on the earlier of June 15, 2027 or the next annual stockholder meeting, and fully accelerate upon certain change in control, death, or disability events.
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 | Restricted Stock Units | 3,038 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 3,038 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 3,038 units
Underlying shares: 3,038 shares
Normal vesting date: June 15, 2027
+1 more
4 metrics
RSUs granted
3,038 units
Restricted stock units awarded to director on June 9, 2026
Underlying shares
3,038 shares
Each RSU represents one share of Class A common stock
Normal vesting date
June 15, 2027
Vests on earlier of this date or next annual stockholder meeting
Settlement delay
5 years
Settled on June 15 following fifth anniversary of vesting, if earlier events do not occur
Key Terms
Restricted Stock Units, Class A common stock, change in control event, Section 409A of the Internal Revenue Code, +1 more
5 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.
Class A common stock financial
"receive one share of MP Materials Corp. ("Issuer") Class A common stock."
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
change in control event financial
"a "change in control event" within the meaning of Section 409A..."
Section 409A of the Internal Revenue Code financial
"within the meaning of Section 409A of the Internal Revenue Code;"
separation from service financial
"the date of the director's separation from service."
FAQ
What insider transaction did MP (MP Materials) report for Connie K. Duckworth?
MP Materials reported that director Connie K. Duckworth received a grant of 3,038 restricted stock units. Each unit represents a contingent right to one share of Class A common stock, subject to time-based vesting and settlement conditions described in the award terms.
How many restricted stock units were granted to the MP director in this Form 4?
The director received 3,038 restricted stock units. Each RSU is linked to one share of MP Materials Class A common stock, giving the director a potential equity interest that vests over time if service conditions are met.
When do Connie K. Duckworth’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 is conditioned on the director’s continued service through the applicable vesting date under the award agreement.
Under what circumstances do the MP restricted stock units fully vest early?
The RSUs fully vest if MP Materials undergoes a change in control, or if the director’s service ends due to death or disability. These events accelerate vesting compared with the normal time-based schedule described in the grant terms.
What type of security underlies the MP restricted stock units granted?
Each restricted stock unit corresponds to one share of MP Materials Class A common stock. This means that, once vested and settled, each RSU can result in delivery of a single share of the company’s Class A common stock to the director.