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4//SEC Filing

BLITZER MICHAEL 4

Accession 0001213900-25-088554

CIK 0001970622other

Filed

Sep 16, 8:00 PM ET

Accepted

Sep 17, 4:05 PM ET

Size

10.5 KB

Accession

0001213900-25-088554

Insider Transaction Report

Form 4
Period: 2025-09-15
Transactions
  • Other

    Common Stock, par value $0.0001 per share

    2025-09-153,125,0003,125,000 total(indirect: By LLC)
Holdings
  • Common Stock, par value $0.0001 per share

    (indirect: By Inflection Point Fund I, LP)
    562,500
  • Common Stock, par value $0.0001 per share

    747,500
Transactions
  • Other

    Common Stock, par value $0.0001 per share

    2025-09-153,125,0003,125,000 total(indirect: By LLC)
Holdings
  • Common Stock, par value $0.0001 per share

    (indirect: By Inflection Point Fund I, LP)
    562,500
  • Common Stock, par value $0.0001 per share

    747,500
Footnotes (3)
  • [F1]On September 15, 2025, Inflection Point Holdings II LLC (the "Sponsor") distributed an aggregate of 3,125,000 shares of common stock, par value $0.0001 per share of the Issuer ("Common Stock") to its members as a pro rata distribution for no consideration in accordance with the terms of the Sponsor's limited liability company agreement. 747,500 shares of Common Stock were distributed to Michael Blitzer on such basis and 562,500 shares of Common Stock were distributed to Inflection Point Fund I, LP ("Inflection Point Fund") on such basis. Under Rule 16a-13 promulgated under the Securities Exchange Act of 1934, as a change in form of beneficial ownership, the reported distribution by the Sponsor (as it relates to Mr. Blitzer's deemed beneficial ownership of the securities held by the Sponsor) to its members and the acquisition by Mr. Blitzer and Inflection Point Fund from the Sponsor, were exempt from Section 16 of the Securities Exchange Act of 1934.
  • [F2]The Sponsor is the record holder of such securities. Michael Blitzer is the sole Managing Member of the Sponsor and shares voting and investment discretion with respect to the securities held by the Sponsor. Michael Blitzer disclaims any beneficial ownership of the securities held by the Sponsor other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
  • [F3]Inflection Point Fund is the record holder of such securities. Inflection Point Asset Management LLC and Inflection Point GP I LLC are the investment manager and general partner, respectively, of Inflection Point Fund. Mr. Blitzer controls each Inflection Point Fund, Inflection Point Asset Management LLC and Inflection Point GP I LLC, including the exercise of voting and investment discretion over the securities held or to be held by Inflection Point Fund. Mr. Blitzer disclaims any beneficial ownership of the securities held by Inflection Point Fund, Inflection Point Asset Management LLC and Inflection Point GP I LLC other than to the extent of any pecuniary interest he may have therein, directly or indirectly.

Documents

1 file

Issuer

USA Rare Earth, Inc.

CIK 0001970622

Entity typeother

Related Parties

1
  • filerCIK 0001458423

Filing Metadata

Form type
4
Filed
Sep 16, 8:00 PM ET
Accepted
Sep 17, 4:05 PM ET
Size
10.5 KB