USA Rare Earth Director Michael Blitzer Receives 164,780 RSUs

What Happened

• Michael Blitzer, a director of USA Rare Earth, was awarded two grants of restricted stock units (RSUs) on July 19, 2026: 133,353 RSUs and 31,427 RSUs, totaling 164,780 RSUs. Each RSU represents the right to receive one share of common stock at settlement. The grants are recorded as acquisitions at $0.00 (derivative awards).

Key Details

• Transaction date: 2026-07-19; SEC filing date: 2026-07-20 (timely).
• Grant details: 133,353 RSUs and 31,427 RSUs (total 164,780 RSUs); price reported $0.00 (award/derivative).
• Vesting: RSUs vest in three equal tranches on each of the first, second, and third anniversaries of the grant date (Footnote F1).
• Settlement: Each RSU converts to one share at settlement, but settlement into shares is deferred until the reporting person's separation from service (Footnote F2).
• Shares owned after transaction: not specified in the filing.
• Transaction code: A = Award/Grant (derivative), not an open-market purchase or sale.

Context

• RSU awards are compensation-based grants, not cash purchases; they do not reflect an immediate market buy or sell. Vesting and deferred settlement mean the actual issuance of shares depends on future service and separation conditions (including potential acceleration in certain termination, death or disability scenarios).