4Filed Jul 28, 8:00 PM ET
IMC Rare Earths CFO Stephen R. Wilson Receives 20,000 RSUs
$IMC · IMC Rare Earths LtdResearch Summary
AI-generated summary of this SEC filing
IMC Rare Earths CFO Stephen R. Wilson Receives 20,000 RSUs
What Happened
- Stephen R. Wilson, Chief Financial Officer and Director of IMC Rare Earths Ltd (IMC), was granted 20,000 restricted stock units (RSUs) on July 29, 2026. The award is reported as an acquisition at $0.00 (derivative award); no immediate cash changed hands.
- Per the filing, each RSU is a contingent right to receive one ordinary share (or cash equal to the fair market value of one share) upon vesting. The RSUs vest in two equal tranches: 10,000 on July 29, 2028 and 10,000 on July 29, 2029, subject to continued service.
Key Details
- Transaction date: 2026-07-29; Form 4 filed same day (timely).
- Type: Award/Grant of RSUs (code A); 20,000 RSUs granted at $0.00 acquisition price.
- Vesting: 10,000 RSUs vest 2028-07-29; 10,000 RSUs vest 2029-07-29 (service-based).
- Footnotes: F1 = RSUs convert to one share or cash equal to FMV at vesting. F2 = vesting schedule above. F3 = None.
- Shares owned after transaction: Not disclosed in the provided filing.
Context
- RSU grants are a form of compensation rather than an open-market purchase or sale; they generally do not indicate immediate buying or selling intent. The $0 acquisition price is standard for RSU grants—the value to the insider is realized if and when the RSUs vest and convert to shares or cash.