4Filed Aug 12, 8:00 PM ET

Rare Earths Americas (REA) CEO Donald Swartz Receives Award

$REA · Rare Earths Americas, Inc.

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Rare Earths Americas (REA) CEO Donald Swartz Receives Award

What Happened Donald S. Swartz, CEO, President and Director of Rare Earths Americas, Inc. (REA), received a grant of 200,000 performance-based stock units (PSUs) on August 12, 2026. The grant is recorded as a derivative award with an acquisition price of $0.00 (no cash paid). These PSUs are contingent rights to receive shares of REA common stock only if specified stock-price performance targets are met during the performance period. Following vesting, shares will be subject to an 18‑month holding period.

Key Details

  • Transaction date / filing: Award granted on 2026-08-12; Form 4 filed 2026-08-13 (appears timely).
  • Award: 200,000 PSUs (derivative award), acquisition price $0.00.
  • Vesting schedule: PSUs vest in four equal 25% tranches based on VWAP targets during any 20 consecutive trading days within the 3‑year Performance Period starting Aug 12, 2026:
    • 25% if VWAP ≥ $22.50
    • 25% if VWAP ≥ $25.00
    • 25% if VWAP ≥ $27.50
    • 25% if VWAP ≥ $30.00
  • Service requirement: Continuous service through each applicable vesting date is required.
  • Post-vesting restriction: Shares delivered on vesting will be subject to an 18‑month holding period.
  • Shares owned after transaction: Not specified in the provided filing summary.
  • Transaction type note: Recorded as "A" (award/grant); no sale or purchase occurred and no cash was exchanged.

Context PSUs are performance-contingent compensation: they do not transfer stock unless and until performance and service conditions are met. Such awards are commonly used for long-term incentive alignment and do not immediately increase the insider’s liquid shareholdings. This filing does not indicate any immediate sale or exercise of underlying shares.