Welcome to our dedicated page for USA Rare Earth SEC filings (Ticker: USAR), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The USA Rare Earth, Inc. (USAR) SEC filings page on Stock Titan brings together the company’s regulatory disclosures, offering investors structured access to the documents that describe its mine-to-magnet strategy, financing activities, and material events. As an emerging growth company and smaller reporting company listed on Nasdaq, USAR files a range of reports with the U.S. Securities and Exchange Commission, including registration statements, current reports on Form 8-K, and periodic filings referenced in its press releases.
USAR’s Form 8-K filings provide detail on key developments such as the completion of its acquisition of Indian Ocean Rare Metals Pte Ltd, whose operating subsidiary is Less Common Metals Ltd. (LCM), changes in its independent registered public accounting firm, private placement transactions, and the issuance of a notice of redemption for its public warrants (USARW). These filings outline purchase terms, share issuance, registration rights agreements, and the company’s descriptions of the strategic role that LCM and other actions play in its rare earth metal, alloy, and magnet platform.
The company’s registration statement on Form S-1 describes a secondary offering of common stock held by a selling stockholder and includes sections on risk factors, business description, management’s discussion and analysis, and capital structure. USAR’s periodic reports on Form 10-K and Form 10-Q, which are referenced in its forward-looking statements, contain audited and interim financial statements, going concern disclosures, and additional detail on project development risks, capital needs, and operational plans.
On Stock Titan, these filings are supplemented with AI-powered summaries that highlight the main points of lengthy documents, helping readers quickly identify items such as acquisition terms, warrant and equity structures, and risk disclosures related to the Round Top project and the Stillwater magnet facility. Users can also review filings related to unregistered sales of equity securities, registration rights, and other corporate actions to better understand how USAR finances and governs its integrated rare earth supply chain.
USA Rare Earth, Inc. has committed to a major expansion of its magnet and metals manufacturing footprint in Cherokee County, South Carolina. The company entered a 20-year net lease for an approximately 800,000 square foot rare earth magnet facility on about 129.9 acres in Blacksburg, with two optional 10-year extensions and base rent tied to final project costs plus 2.5% annual escalations.
Alongside the lease, the company signed a Fee‑in‑Lieu of Ad Valorem Taxes and Incentives Agreement with Cherokee County. The project is expected to involve approximately $800 million of investment and create about 325 new jobs, with at least $400 million required over an eight‑year investment period that can extend to thirteen years. Qualifying property may benefit from a reduced 4% assessment ratio for up to 40 years, subject to investment and other conditions, with potential clawbacks if requirements are not met.
A related press release highlights a broader project scale, referencing an approximately $1.2 billion investment and about 490 high-skill jobs, and targets production of 6,400 metric tons per year of NdFeB magnets and 5,000 metric tons per year of strip‑cast metals and alloys, with commissioning of the Blacksburg facility targeted to begin in 2028.
USA Rare Earth, Inc. director Michael Blitzer reported routine equity compensation activity and updated holdings. He exercised previously granted restricted stock units that converted into a total of 30,483 shares of common stock at a conversion price of $0.00 per share, increasing his direct ownership to 877,983 common shares. The restricted stock units were granted on August 13, 2025 and vested in full on May 20, 2026, converting into common stock on a one-for-one basis. Separately, 3,125,000 common shares are held indirectly by Inflection Point Holdings II LLC, where Blitzer is the sole managing member but disclaims beneficial ownership beyond any pecuniary interest.
USA Rare Earth, Inc. Chief Financial Officer William Robert Steele Jr reported equity compensation activity involving restricted stock units and common stock. On May 20, 2026, he exercised derivative awards to acquire a total of 75,827 shares of common stock at an indicated price of $22.57 per share. On May 21, 2026, the company withheld 33,825 shares of common stock, valued at $22.57 per share, to cover tax obligations, a non‑market disposition under Rule 16b‑3(e). Following these transactions, Steele directly owned 42,002 common shares. Footnotes indicate the related restricted stock units vest in scheduled tranches between May 20, 2026 and May 20, 2028, each unit settling into one share of common stock at vesting.
USA Rare Earth, Inc. director Paul J. Kern exercised equity awards to acquire additional common shares. On May 20, 2026, restricted stock units fully vested and were settled into common stock on a one-for-one basis, resulting in the acquisition of 30,483 shares of common stock. The transactions reflect the exercise and conversion of restricted stock units as part of equity compensation, with no open-market purchases or sales disclosed in this filing.
USA Rare Earth, Inc. director Michael F. Senft exercised restricted stock unit awards into common stock. On May 20, 2026, RSUs covering a total of 30,483 shares vested and were converted into common shares, with no sales reported. Following these transactions, he holds 30,483 common shares directly.
USA Rare Earth, Inc. director Mordechai Zev Gutnick exercised restricted stock units into common shares. He acquired a total of 30,483 shares of common stock at $22.57 per share through two exercises of 12,284 and 18,199 shares. The related restricted stock units fully vested on May 20, 2026 and now show zero remaining balance. Following these transactions, he holds 30,483 common shares directly and an additional 15,550,262 common shares are reported as held indirectly by the Critical Minerals Trust, where he serves as trustee and disclaims beneficial ownership except to the extent of his pecuniary interest.
USA Rare Earth, Inc. director Otto C. Schwethelm exercised restricted stock units that fully vested on May 20, 2026, receiving a total of 30,483 shares of common stock. These awards converted at a reference price of $22.57 per share, and the underlying RSU balances were reduced to zero, with no shares sold in these transactions.
USA Rare Earth, Inc. director Carolyn Trabuco converted previously granted equity awards into common stock. On May 20, 2026, she exercised restricted stock units in two blocks of 12,284 and 18,199 units, receiving a total of 30,483 shares of common stock.
The filing describes these as derivative exercises rather than open-market purchases or sales. Footnotes state the restricted stock units fully vested on that date and that each unit entitled her to receive one share of common stock at settlement, reflecting routine compensation-related vesting.
USA Rare Earth, Inc. director Paul J. Kern reported acquiring shares through an earnout arrangement. On May 15, 2026, he received a grant of 11,211 shares of common stock at a price of $0.00 per share. This was tied to the satisfaction of “Trigger Event II,” with his right to these additional shares having become fixed upon the closing of the business combination on March 13, 2025. After these transactions, Kern directly holds 190,246 shares of common stock and no remaining “Earnout Right to Common Stock” derivatives related to this block.
USA Rare Earth, Inc. director Mordechai Zev Gutnick reported indirect acquisitions tied to an earnout arrangement. Critical Minerals Trust, of which he is trustee, exercised an Earnout Right to Common Stock for 939,618 shares at a price of $0.0000 per share and received an equal number of common shares.
Following these transactions, the trust holds 15,550,262 shares of common stock indirectly attributed to Gutnick. A footnote states that Trigger Event II was satisfied on May 15, 2026, and that the right to receive additional shares became fixed upon the business combination closing on March 13, 2025. Gutnick disclaims beneficial ownership of the trust’s securities except to the extent of his pecuniary interest.