[Form 4] USA Rare Earth, Inc. Insider Trading Activity
Paul J. Kern, a director of USA Rare Earth, Inc. (USAR), received a pro rata distribution of common stock on 03/13/2025. The Form 4 shows he acquired 4,699 shares via transaction code J(1) and, after the distribution, beneficially owned 167,824 shares. The distribution was from Bayshore Rare Earths II, LLC, in which the reporting person is identified as a limited partner. The filing was executed by an attorney-in-fact and signed on 09/16/2025.
Paul J. Kern, direttore di USA Rare Earth, Inc. (USAR), ha ricevuto una distribuzione pro rata di azioni ordinarie il 13/03/2025. Il Form 4 mostra che ha acquistato 4.699 azioni tramite il codice di transazione J(1) e, dopo la distribuzione, deteneva beneficamente 167.824 azioni. La distribuzione proviene da Bayshore Rare Earths II, LLC, in cui la persona indicata è identificata come socio accomandatario. La richiesta è stata eseguita da un procuratore e firmata il 16/09/2025.
Paul J. Kern, director de USA Rare Earth, Inc. (USAR), recibió una distribución proporcionada de acciones comunes el 13/03/2025. El Formulario 4 indica que adquirió 4.699 acciones mediante el código de transacción J(1) y, tras la distribución, poseía de forma beneficiosa 167.824 acciones. La distribución provenía de Bayshore Rare Earths II, LLC, en la cual la persona informante figura como socio limitado. El escrito fue ejecutado por un apoderado y firmado el 16/09/2025.
Paul J. Kern은 USA Rare Earth, Inc. (USAR)의 이사로서 2025년 3월 13일에 정액비율의 보통주 분배를 받았습니다. Form 4에 따르면 그는 거래 코드 J(1)를 통해 4,699주를 취득했고, 분배 후에는 유익하게 167,824주를 소유했습니다. 이 분배는 보고자(피보고자)가 제한적 파트너로 확인된 Bayshore Rare Earths II, LLC로부터 왔습니다. 서류는 위임 대리인에 의해 작성되었으며 2025년 9월 16일에 서명되었습니다.
Paul J. Kern, administrateur de USA Rare Earth, Inc. (USAR), a reçu une distribution au prorata d’actions ordinaires le 13/03/2025. Le Form 4 indique qu’il a acquis 4 699 actions via le code de transaction J(1) et, après la distribution, détenait bénéficiairement 167 824 actions. La distribution provenait de Bayshore Rare Earths II, LLC, dans lequel le demandeur est identifié comme associé commanditaire. Le dossier a été exécuté par un mandataire et signé le 16/09/2025.
Paul J. Kern, Direktor von USA Rare Earth, Inc. (USAR), erhielt am 13.03.2025 eine pro-rata Verteilung von Stammaktien. Das Formular 4 zeigt, dass er 4.699 Aktien über den Transaktionscode J(1) erwarb und nach der Verteilung rechtlich beneficial 167.824 Aktien besaß. Die Verteilung stammte von Bayshore Rare Earths II, LLC, in der der meldende Person als beschränkter Partner identifiziert ist. Die Einreichung wurde von einem Bevollmächtigten ausgeführt und am 16.09.2025 unterschrieben.
بال ج. كيرن، مدير في USA Rare Earth, Inc. (USAR)، تلقّى توزيعاً نسبياً للأسهم العادية في 13/03/2025. يظهر النموذج 4 أنه اشترى 4,699 سهماً عبر رمز المعاملة J(1) وبعد التوزيع كان يمتلك بشكل مفيد 167,824 سهماً. التوزيع كان من Bayshore Rare Earths II, LLC، التي يُعرّف فيها بأن الشخص المبلغ عنه هو شريك محدود. تم تنفيذ الطلب من قبل وكيل مخوّل وتوقيعه في 16/09/2025.
保罗·J·科恩，USA Rare Earth, Inc.（USAR）的董事，于2025年3月13日收到了普通股的按比例分配。 Form 4显示他通过交易代码 J(1) 购买了4,699股，分配后实际拥有167,824股。此次分配来自 Bayshore Rare Earths II, LLC，报告人被认定为该公司的一名有限合伙人。该申报由代理人执行并于2025年9月16日签署。
- Transaction disclosed under Section 16 with full details: date, amount acquired (4,699 shares), and post-transaction ownership (167,824 shares)
- Nature of transaction identified as a pro rata distribution from Bayshore Rare Earths II, LLC, clarifying the source of the shares
- No information on total outstanding shares is provided, so the ownership percentage cannot be determined from this filing alone
- Timing gap between the transaction date (03/13/2025) and signature date (09/16/2025) is noted in the filing text without explanation
Insights
TL;DR Director received a small pro rata stock distribution, increasing his direct beneficial holdings to 167,824 shares.
The Form 4 documents a non-derivative acquisition of 4,699 common shares under code J(1), identified as a pro rata distribution from Bayshore Rare Earths II, LLC. This transaction reflects a pass-through allocation to a limited partner rather than an open-market purchase or option exercise. The scale of the distribution relative to total holdings reported (167,824 shares) appears modest and is likely immaterial to firm-wide ownership concentration based solely on the data provided.
TL;DR A director received a distribution from an affiliated LLC; disclosure complies with Section 16 reporting requirements.
The Form 4 clearly identifies the relationship (Director) and the nature of the acquisition as a pro rata distribution from an LLC where the reporting person is a limited partner. The filing includes the transaction date and post-transaction holdings and is signed by an attorney-in-fact. From a governance and disclosure standpoint, the report meets the statutory requirements for timely reporting of changes in beneficial ownership; no other governance actions or conflicts are disclosed in this filing.
Paul J. Kern, direttore di USA Rare Earth, Inc. (USAR), ha ricevuto una distribuzione pro rata di azioni ordinarie il 13/03/2025. Il Form 4 mostra che ha acquistato 4.699 azioni tramite il codice di transazione J(1) e, dopo la distribuzione, deteneva beneficamente 167.824 azioni. La distribuzione proviene da Bayshore Rare Earths II, LLC, in cui la persona indicata è identificata come socio accomandatario. La richiesta è stata eseguita da un procuratore e firmata il 16/09/2025.
Paul J. Kern, director de USA Rare Earth, Inc. (USAR), recibió una distribución proporcionada de acciones comunes el 13/03/2025. El Formulario 4 indica que adquirió 4.699 acciones mediante el código de transacción J(1) y, tras la distribución, poseía de forma beneficiosa 167.824 acciones. La distribución provenía de Bayshore Rare Earths II, LLC, en la cual la persona informante figura como socio limitado. El escrito fue ejecutado por un apoderado y firmado el 16/09/2025.
Paul J. Kern은 USA Rare Earth, Inc. (USAR)의 이사로서 2025년 3월 13일에 정액비율의 보통주 분배를 받았습니다. Form 4에 따르면 그는 거래 코드 J(1)를 통해 4,699주를 취득했고, 분배 후에는 유익하게 167,824주를 소유했습니다. 이 분배는 보고자(피보고자)가 제한적 파트너로 확인된 Bayshore Rare Earths II, LLC로부터 왔습니다. 서류는 위임 대리인에 의해 작성되었으며 2025년 9월 16일에 서명되었습니다.
Paul J. Kern, administrateur de USA Rare Earth, Inc. (USAR), a reçu une distribution au prorata d’actions ordinaires le 13/03/2025. Le Form 4 indique qu’il a acquis 4 699 actions via le code de transaction J(1) et, après la distribution, détenait bénéficiairement 167 824 actions. La distribution provenait de Bayshore Rare Earths II, LLC, dans lequel le demandeur est identifié comme associé commanditaire. Le dossier a été exécuté par un mandataire et signé le 16/09/2025.
Paul J. Kern, Direktor von USA Rare Earth, Inc. (USAR), erhielt am 13.03.2025 eine pro-rata Verteilung von Stammaktien. Das Formular 4 zeigt, dass er 4.699 Aktien über den Transaktionscode J(1) erwarb und nach der Verteilung rechtlich beneficial 167.824 Aktien besaß. Die Verteilung stammte von Bayshore Rare Earths II, LLC, in der der meldende Person als beschränkter Partner identifiziert ist. Die Einreichung wurde von einem Bevollmächtigten ausgeführt und am 16.09.2025 unterschrieben.
FAQ
What did Paul J. Kern report on the USAR Form 4?
What is the source of the shares reported on the USAR Form 4?
What transaction code was used on the USAR Form 4 and what does it indicate?
Who signed the Form 4 for Paul J. Kern and when?
Did the Form 4 disclose any indirect ownership or additional explanatory remarks?
