4Filed Jul 28, 8:00 PM ET
IMC Director Siegfried Peter Roy Receives 20,000 RSUs
$IMC · IMC Rare Earths LtdResearch Summary
AI-generated summary of this SEC filing
IMC Director Siegfried Peter Roy Receives 20,000 RSUs
What Happened
- Siegfried Peter Roy, a director of IMC Rare Earths Ltd (IMC), was granted 20,000 Restricted Stock Units (RSUs) on July 29, 2026. The grant is reported as a derivative award (code A) with an acquisition price of $0.00 in the Form 4.
- This award does not represent immediate share ownership or a cash outlay; it is compensation that converts to ordinary shares (or cash equal to a share’s fair market value) if and when the RSUs vest.
Key Details
- Transaction date and price: 2026-07-29; 20,000 RSUs acquired at $0.00 (derivative award).
- Vesting schedule (footnotes): 10,000 RSUs vest on July 29, 2028; the remaining 10,000 RSUs vest on July 29, 2029, both subject to the director’s continued service through each vesting date.
- Shares owned after transaction: Not disclosed in the filing.
- Footnotes: F1 explains each RSU converts to one ordinary share or equivalent cash at vesting; F2 provides the two-date vesting schedule; F3: None.
- Filing timeliness: Reported on 2026-07-29 (no late filing indicated).
Context
- RSU grants are common executive/director compensation and do not signal an immediate buy or sell — they create potential future ownership if vesting conditions are met. They can be forfeited if the director leaves before vesting and may convert to shares or cash at the issuer’s settlement terms.