USA Rare Earth, Inc.·4

Jun 4, 7:21 PM ET

BLITZER MICHAEL 4

4 · USA Rare Earth, Inc. · Filed Jun 4, 2026

Research Summary

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USA Rare Earth Director Michael Blitzer Receives RSU Award

What Happened Michael Blitzer, a director of USA Rare Earth, Inc. (USAR), received an award of 6,438 restricted stock units (RSUs) on June 3, 2026. The grant was reported as a derivative award (code A) with an acquisition price of $0.00 — this is an equity award, not an open‑market purchase or sale.

Key Details

  • Transaction date: 2026-06-03 (filed 2026-06-04).
  • Instrument: 6,438 restricted stock units (each RSU = right to one share at settlement).
  • Reported price/value: $0.00 (award/grant).
  • Vesting: RSUs vest on the earlier of one year from grant or the 2027 Annual Meeting (anticipated on or about June 2, 2027). (Footnotes F1–F2)
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Report filed the day after the transaction; no late filing indicated.
  • Exhibit: Exhibit 24 included (power of attorney).

Context RSUs are a form of equity compensation that convert to company shares at settlement once vested; they do not represent immediate share ownership or a cash purchase. This award is a routine director compensation action and should be viewed as an equity grant rather than a directional buy or sell by the insider.

Insider Transaction Report

Form 4
Period: 2026-06-03
Transactions
  • Award

    Restricted Stock Units

    [F1][F2]
    2026-06-03+6,4386,438 total
    Common Stock, par value $0.0001 per share (6,438 underlying)
Footnotes (2)
  • [F1]The restricted stock unit will fully vest on the earlier of 1 year from grant date or 2027 Annual Meeting date, anticipated to be on or about June 2, 2027.
  • [F2]Each restricted stock unit represents the right to receive, at settlement, one (1) share of the Issuer's common stock.
Signature
/s/ Derek Ching, attorney-in-fact for Michael Blitzer|2026-06-04

Documents

2 files