Lavan Maryanne 4

What Happened

• Maryanne Lavan, a director of MP Materials Corp. (MP), was granted 3,038 restricted stock units (RSUs) on June 9, 2026. The RSUs were awarded with a $0.00 per‑unit grant price (derivative award), so there was no immediate cash paid or received.
• This is a compensation award (not a market purchase or sale). RSUs are a contingent right to receive shares in the future and therefore do not represent immediate stock purchases or sales.

Key Details

• Transaction date: 2026-06-09; Form filed 2026-06-10 (timely filing).
• Award: 3,038 RSUs; grant price shown as $0.00 (derivative award).
• Shares owned after the transaction: not specified in the provided filing excerpt.
• Footnote summary: Each RSU converts to one share upon vesting. Vesting occurs on the earlier of (i) June 15, 2027 or (ii) the next annual meeting, provided continued service. RSUs are settled upon the earlier of (x) June 15 following the fifth anniversary of the vesting date, (y) a change in control as defined for tax purposes, or (z) the director’s separation from service. RSUs fully vest on a change in control or upon termination due to death or disability.
• No 10b5-1 plan, sale, tax‑withholding, or late‑filing flag indicated in this report.

Context

• RSU grants are a common form of director compensation and signal deferred equity pay rather than an immediate investment by the insider. The economic value to the director will depend on MP Materials’ share price at the time the RSUs vest and settle.