Rare Earths Americas (REA) COO Jennifer Grafton Receives 40,000 PSU Award

What Happened Jennifer S. Grafton, COO, General Counsel and Secretary of Rare Earths Americas, Inc. (REA), was granted 40,000 performance-based restricted stock units (PSUs) on August 12, 2026. The grant is recorded as a derivative award (Form 4 code A) at $0.00 per unit — there was no cash purchase or sale. The PSUs convert to shares only if specified performance (VWAP) targets are met during the performance period.

Key Details

• Transaction date: 2026-08-12; filing date (Form 4): 2026-08-13 (timely).
• Award: 40,000 PSUs; reported acquisition price: $0.00 (derivative grant).
• Vesting: 25% vests if VWAP for any 20 consecutive trading days during the three-year performance period beginning Aug 12, 2026 equals or exceeds each threshold: $22.50, $25.00, $27.50, and $30.00 (one threshold per 25% tranche).
• Service condition: Vesting is subject to continuous service through each applicable vest date.
• Post-vesting restriction: After vesting, shares are subject to an 18-month holding period.
• Shares owned after transaction: not specified in the filing.
• No tax-withholding or sale noted; this is a compensation grant, not a market trade.

Context These PSUs are contingent awards: they do not represent immediate share ownership, voting rights, or cash proceeds unless and until performance targets and service conditions are satisfied. The 18-month holding period after vesting further delays liquidity even if targets are met. This is a standard form of performance-based executive compensation rather than an open-market purchase or sale.