MP Materials counsel sells 13,914 shares in plan
MP Materials Corp. General Counsel and Secretary Elliot Dean Hoops sold 13,914 shares of Common Stock in an open-market transaction.
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Rhea-AI Filing Summary
MP Materials Corp. General Counsel and Secretary Elliot Dean Hoops sold 13,914 shares of Common Stock in an open-market transaction. The shares were sold on March 16, 2026 at a weighted average price of $60.01 per share, with individual trades ranging from $60.00 to $60.10.
The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 20, 2025. After this sale, Hoops directly holds 61,053 shares of MP Materials common stock, and an additional 1,000 shares are held indirectly by his spouse.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,914 | $60.01 | $835K |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $60.00 to $60.10. The reporting person undertakes to provide to MP Materials Corp., any security holder of MP Materials Corp., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
FAQ
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What insider transaction did MP (MP Materials Corp.) report for Elliot Dean Hoops?
Was the MP (MP Materials) insider sale by Elliot Dean Hoops under a Rule 10b5-1 plan?
What role does Elliot Dean Hoops hold at MP Materials (MP) in this Form 4 filing?
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