Randall Weisenburger (NYSE: MP) receives 3,998 MP Materials shares
Rhea-AI Filing Summary
MP Materials director Randall J. Weisenburger acquired 3,998 shares of common stock through the settlement of previously granted restricted stock units. These units were granted on November 17, 2020, vested on June 1, 2021, and delivery of the shares was deferred until June 15, 2026. After this equity award settled, he directly holds 150,899 shares of MP Materials common stock, and no shares were sold in this transaction.
Positive
- None.
Negative
- None.
Insights
Routine RSU settlement adds 3,998 MP shares to director’s holdings.
Director Randall J. Weisenburger settled 3,998 restricted stock units into MP Materials common shares. The award was granted in November 2020, vested in June 2021, and was simply delivered on the deferred date of June 15, 2026.
This is compensation-related, coded as an M transaction for derivative exercise/conversion, with no open-market buying or selling. Following the settlement, he owns 150,899 common shares directly, and there are no remaining derivative holdings disclosed in this filing.
Because there was no sale and no cash transaction disclosed, the event mainly reflects the final delivery of an older equity grant rather than a new directional view on MP Materials’ stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 3,998 | $0.00 | -- |
| Exercise | Common Stock | 3,998 | $0.00 | -- |
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.