Rare Earths Americas (REA) COO Jennifer Grafton Exercises RSUs

What Happened

• Jennifer S. Grafton, COO, General Counsel and Secretary of Rare Earths Americas, reported conversion/exercise of derivative awards on August 22, 2026. The Form 4 shows 30,000 shares reported as acquired at $0.00 and a related 30,000-share derivative entry (total 60,000 units involved). No cash was paid (price $0.00), indicating vesting/conversion of restricted stock units (RSUs) rather than an open‑market purchase or sale.

Key Details

• Transaction date: August 22, 2026; Form 4 filed August 24, 2026 (timely filing).
• Reported entries: 30,000 shares acquired @ $0.00; a second 30,000-share derivative line reported as disposed (both coded M — exercise/conversion of a derivative).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Footnotes:
  • The 60,000 units were RSUs that vested when a one‑year service condition was met and the IPO (Liquidity Event) condition was already satisfied.
  • Under IPO lock‑up agreements, the shares underlying the vested RSUs will not settle to Ms. Grafton until the lock‑up period expires.
• Filing timeliness: Filed two days after the transaction date; not indicated as late.

Context

• These entries reflect RSU vesting and conversion into shares (derivative exercise) rather than a market buy or sale. The $0.00 price shows no cash exercise cost. Settlement of the underlying shares is restricted by the IPO lock‑up, so this is not an immediate market transaction and does not indicate a sale.