[Form 4] USA Rare Earth, Inc. Warrant Insider Trading Activity
Joshua Ballard, who is listed as Chief Executive Officer and a Director of USA Rare Earth, Inc. (ticker USAR), reported equity awards on 08/13/2025. The filing shows two restricted stock unit grants: one for 90,992 RSUs and another for 181,984 RSUs; each RSU converts to one share at settlement and both are reported as directly owned with a $0 grant price. The 90,992 RSU award vests in two equal tranches (50% on May 20, 2026 and 50% on May 20, 2027). The 181,984 RSU award vests in three equal tranches (one-third on May 20, 2026, 2027, and 2028). The form was signed by an attorney-in-fact on 08/15/2025.
Joshua Ballard, indicato come Chief Executive Officer e Direttore di USA Rare Earth, Inc. (ticker USAR), ha segnalato assegnazioni di equity in data 13/08/2025. Il modulo riporta due concessioni di unità azionarie vincolate (RSU): una da 90.992 RSU e l'altra da 181.984 RSU; ogni RSU si converte in una azione al regolamento e entrambe sono dichiarate come possedute direttamente con un prezzo di assegnazione pari a $0. La tranche da 90.992 RSU matura in due tranche uguali (50% il 20/05/2026 e 50% il 20/05/2027). La tranche da 181.984 RSU matura in tre tranche uguali (un terzo il 20/05/2026, 20/05/2027 e 20/05/2028). Il modulo è stato firmato da un procuratore il 15/08/2025.
Joshua Ballard, registrado como Chief Executive Officer y Director de USA Rare Earth, Inc. (símbolo USAR), informó adjudicaciones de capital el 13/08/2025. El informe muestra dos concesiones de unidades restringidas de acciones (RSU): una de 90.992 RSU y otra de 181.984 RSU; cada RSU se convierte en una acción al momento de liquidación y ambas se registran como propiedad directa con un precio de concesión de $0. La adjudicación de 90.992 RSU vence en dos tramos iguales (50% el 20/05/2026 y 50% el 20/05/2027). La de 181.984 RSU vence en tres tramos iguales (un tercio el 20/05/2026, 20/05/2027 y 20/05/2028). El formulario fue firmado por un apoderado el 15/08/2025.
Joshua Ballard는 USA Rare Earth, Inc.(티커 USAR)의 Chief Executive Officer 및 이사로 등재되어 있으며, 2025-08-13에 지분 보상 내역을 신고했습니다. 제출 서류에는 두 건의 제한부주식단위(RSUs) 부여가 기재되어 있습니다: 90,992 RSU와 181,984 RSU로, 각 RSU는 정산 시 1주로 전환되며 두 건 모두 직접 소유로 보고되고 지급가는 $0입니다. 90,992 RSU는 두 번에 걸쳐 동일 비율로 성과가 확정됩니다(50%는 2026-05-20, 나머지 50%는 2027-05-20). 181,984 RSU는 세 번에 걸쳐 동일 비율로 성과가 확정됩니다(각 각 1/3은 2026-05-20, 2027-05-20, 2028-05-20). 해당 서류는 2025-08-15에 대리인(변호사 대리 포함)에 의해 서명되었습니다.
Joshua Ballard, inscrit comme Chief Executive Officer et administrateur de USA Rare Earth, Inc. (symbole USAR), a déclaré des attributions d'actions le 13/08/2025. Le dossier fait état de deux attributions d'unités d'actions restreintes (RSU) : une de 90 992 RSU et une de 181 984 RSU ; chaque RSU se convertit en une action lors du règlement et les deux sont signalées comme propriété directe avec un prix d'attribution de 0 $. L'attribution de 90 992 RSU acquiert ses droits en deux tranches égales (50 % le 20/05/2026 et 50 % le 20/05/2027). Celle de 181 984 RSU acquiert ses droits en trois tranches égales (un tiers le 20/05/2026, 20/05/2027 et 20/05/2028). Le formulaire a été signé par un mandataire le 15/08/2025.
Joshua Ballard, der als Chief Executive Officer und Direktor von USA Rare Earth, Inc. (Ticker USAR) geführt wird, meldete Aktienzuteilungen am 13.08.2025. Das Formular weist zwei Grants von Restricted Stock Units (RSUs) aus: eine über 90.992 RSUs und eine über 181.984 RSUs; jede RSU wandelt sich bei der Abwicklung in eine Aktie um, und beide werden als direkt im Besitz befindlich mit einem Zuteilungspreis von $0 angegeben. Die Zuteilung von 90.992 RSUs vestet in zwei gleichen Tranchen (50% am 20.05.2026 und 50% am 20.05.2027). Die Zuteilung von 181.984 RSUs vestet in drei gleichen Tranchen (je ein Drittel am 20.05.2026, 20.05.2027 und 20.05.2028). Das Formular wurde am 15.08.2025 von einem Bevollmächtigten unterzeichnet.
- Alignment with long‑term incentives: multi‑year vesting (2026–2028) ties executive compensation to future performance
- Direct ownership disclosed: RSUs recorded as direct holdings, providing transparency on insider holdings
- No percent of outstanding shares disclosed: prevents assessment of dilution or significance of grants
- No performance conditions disclosed: awards appear solely time‑based, which may limit performance linkage
Insights
TL;DR: Executive equity grants sizable but typical for incentive alignment; timing and zero price indicate standard RSU compensation.
The reported grants total 272,976 RSUs issued on 08/13/2025, each converting to one share at settlement and recorded as direct holdings. Vesting schedules span 2026–2028 with staggered tranches, aligning long‑term executive incentives with company performance windows. No cash exercise required given $0 price; however, the filing does not disclose total outstanding shares, percent ownership change, or any immediate share sales, so material dilution and precise ownership impact cannot be assessed from this form alone.
TL;DR: Grant structure uses multi‑year vesting to retain and align the CEO; timing follows customary insider award practices.
The awards use time‑based RSUs with trading‑window provisions that delay vesting into the next open window if dates fall during closed windows, reflecting standard insider‑trading controls. The document is explicit about vesting dates and settlement mechanics but omits any performance conditions or repricing clauses. The filing was executed via attorney‑in‑fact, and no departures, clawbacks, or other governance anomalies are disclosed.
Joshua Ballard, indicato come Chief Executive Officer e Direttore di USA Rare Earth, Inc. (ticker USAR), ha segnalato assegnazioni di equity in data 13/08/2025. Il modulo riporta due concessioni di unità azionarie vincolate (RSU): una da 90.992 RSU e l'altra da 181.984 RSU; ogni RSU si converte in una azione al regolamento e entrambe sono dichiarate come possedute direttamente con un prezzo di assegnazione pari a $0. La tranche da 90.992 RSU matura in due tranche uguali (50% il 20/05/2026 e 50% il 20/05/2027). La tranche da 181.984 RSU matura in tre tranche uguali (un terzo il 20/05/2026, 20/05/2027 e 20/05/2028). Il modulo è stato firmato da un procuratore il 15/08/2025.
Joshua Ballard, registrado como Chief Executive Officer y Director de USA Rare Earth, Inc. (símbolo USAR), informó adjudicaciones de capital el 13/08/2025. El informe muestra dos concesiones de unidades restringidas de acciones (RSU): una de 90.992 RSU y otra de 181.984 RSU; cada RSU se convierte en una acción al momento de liquidación y ambas se registran como propiedad directa con un precio de concesión de $0. La adjudicación de 90.992 RSU vence en dos tramos iguales (50% el 20/05/2026 y 50% el 20/05/2027). La de 181.984 RSU vence en tres tramos iguales (un tercio el 20/05/2026, 20/05/2027 y 20/05/2028). El formulario fue firmado por un apoderado el 15/08/2025.
Joshua Ballard는 USA Rare Earth, Inc.(티커 USAR)의 Chief Executive Officer 및 이사로 등재되어 있으며, 2025-08-13에 지분 보상 내역을 신고했습니다. 제출 서류에는 두 건의 제한부주식단위(RSUs) 부여가 기재되어 있습니다: 90,992 RSU와 181,984 RSU로, 각 RSU는 정산 시 1주로 전환되며 두 건 모두 직접 소유로 보고되고 지급가는 $0입니다. 90,992 RSU는 두 번에 걸쳐 동일 비율로 성과가 확정됩니다(50%는 2026-05-20, 나머지 50%는 2027-05-20). 181,984 RSU는 세 번에 걸쳐 동일 비율로 성과가 확정됩니다(각 각 1/3은 2026-05-20, 2027-05-20, 2028-05-20). 해당 서류는 2025-08-15에 대리인(변호사 대리 포함)에 의해 서명되었습니다.
Joshua Ballard, inscrit comme Chief Executive Officer et administrateur de USA Rare Earth, Inc. (symbole USAR), a déclaré des attributions d'actions le 13/08/2025. Le dossier fait état de deux attributions d'unités d'actions restreintes (RSU) : une de 90 992 RSU et une de 181 984 RSU ; chaque RSU se convertit en une action lors du règlement et les deux sont signalées comme propriété directe avec un prix d'attribution de 0 $. L'attribution de 90 992 RSU acquiert ses droits en deux tranches égales (50 % le 20/05/2026 et 50 % le 20/05/2027). Celle de 181 984 RSU acquiert ses droits en trois tranches égales (un tiers le 20/05/2026, 20/05/2027 et 20/05/2028). Le formulaire a été signé par un mandataire le 15/08/2025.
Joshua Ballard, der als Chief Executive Officer und Direktor von USA Rare Earth, Inc. (Ticker USAR) geführt wird, meldete Aktienzuteilungen am 13.08.2025. Das Formular weist zwei Grants von Restricted Stock Units (RSUs) aus: eine über 90.992 RSUs und eine über 181.984 RSUs; jede RSU wandelt sich bei der Abwicklung in eine Aktie um, und beide werden als direkt im Besitz befindlich mit einem Zuteilungspreis von $0 angegeben. Die Zuteilung von 90.992 RSUs vestet in zwei gleichen Tranchen (50% am 20.05.2026 und 50% am 20.05.2027). Die Zuteilung von 181.984 RSUs vestet in drei gleichen Tranchen (je ein Drittel am 20.05.2026, 20.05.2027 und 20.05.2028). Das Formular wurde am 15.08.2025 von einem Bevollmächtigten unterzeichnet.
FAQ
What did Joshua Ballard (USAR) report on Form 4 dated 08/13/2025?
When do the RSUs vest for Joshua Ballard?
Was there a purchase price for these RSU awards?
Does the Form 4 disclose immediate sale or transfer of shares by Ballard?
Who signed the Form 4 and when?
