MP Materials (MP) CEO reports equity awards, tax withholding share moves
Rhea-AI Filing Summary
MP Materials Corp. Chairman and CEO James H. Litinsky reported several equity transactions in the issuer’s common stock. On January 12, 2026, he received 65,422 restricted stock units that vest in four annual installments starting one year after the grant. That same day, 38,238 shares were delivered upon vesting of a performance-based restricted stock unit award that covered the period from January 1, 2023 through December 31, 2025.
Also on January 12, 2026, 38,238 shares and 26,316 shares were withheld to cover tax obligations tied to these vestings, and on January 13, 2026, a further 35,053 shares were withheld for taxes on additional restricted stock unit vesting. After these transactions, Litinsky directly owned 216,397 shares of common stock and indirectly held 12,805,965 shares through the James Henry Litinsky Revocable Trust u/a/d 10/19/2011, where he serves as sole trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 35,053 | $63.82 | $2.24M |
| Grant/Award | Common Stock | 65,422 | $0.00 | -- |
| Grant/Award | Common Stock | 38,238 | $0.00 | -- |
| Tax Withholding | Common Stock | 38,238 | $65.34 | $2.50M |
| Tax Withholding | Common Stock | 26,316 | $65.34 | $1.72M |
| holding | Common Stock | -- | -- | -- |
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. James Litinsky as sole trustee of the James Henry Litinsky, Trustee of James Henry Litinsky Revocable Trust u/a/d 10/19/2011.
FAQ
What insider activity did MP (MP) report for James H. Litinsky?
James H. Litinsky, Chairman and CEO of MP Materials Corp., reported grants and vesting of restricted stock units in common stock, along with related share withholdings for tax obligations on January 12–13, 2026.
What indirect holdings in MP Materials does James Litinsky report?
The Form 4 reports that 12,805,965 shares of MP Materials common stock are held indirectly by the James Henry Litinsky Revocable Trust u/a/d 10/19/2011, with James Litinsky serving as sole trustee.
What is James H. Litinsky’s role at MP Materials?
James H. Litinsky is reported as a Director and Officer of MP Materials Corp., with the title Chairman and CEO.