ESTABROOKE IVY 4
Research Summary
AI-generated summary
Rare Earths Americas (REA) Director Ivy Estabrooke Receives Award
What Happened
- Ivy Estabrooke, a director of Rare Earths Americas, Inc. (REA), received a grant of 4,407 restricted stock units (RSUs) on May 7, 2026. The reported acquisition price is $0.00 because this was an equity award (derivative), not an open‑market purchase or sale. The filing was submitted May 8, 2026.
Key Details
- Transaction date: 2026-05-07; Filing date: 2026-05-08 (timely under Form 4 rules).
- Transaction type: A (award/grant of derivative securities) — 4,407 RSUs; reported acquisition price $0.00.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes: F1 — each RSU represents a contingent right to one share of REA common stock; F2 — the RSUs vest the earlier of one year from grant or the day before REA’s 2027 annual meeting, subject to continued service.
- No 10b5-1 plan, tax‑withholding sale, or gift indications were reported in the provided details.
Context
- RSUs are a contingent award: they convert into actual shares only upon vesting (subject to the vesting schedule and continued service). This grant is a compensation/retention award to a director, not a purchase that signals direct market conviction, and involved no immediate cash outlay.