DUCKWORTH CONNIE K 4
4 · MP Materials Corp. / DE · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
MP Materials (MP) Director Connie Duckworth Receives 3,038 RSU Award
What Happened
Connie K. Duckworth, a director of MP Materials Corp. (MP), was granted 3,038 restricted stock units (RSUs) on June 9, 2026. The filing reports the units as a derivative award at $0.00 (no cash paid). RSUs represent a contingent right to receive one share of MP Class A common stock when they vest — this is an award, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (timely filing).
- Award: 3,038 RSUs; reported price/value: $0.00 (derivative grant).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote (summary): RSUs vest on the earlier of (i) June 15, 2027 or (ii) the next annual meeting, subject to continued service. Settlement occurs on the earlier of (x) June 15 following the fifth anniversary of the vesting date, (y) a Section 409A change‑in‑control event, or (z) the director’s separation from service. RSUs fully vest on a change in control or if the director’s service ends due to death or disability.
- Filing timeliness: filed one day after the reported transaction date — appears timely.
Context
RSU grants to directors are a common form of compensation to align interests with shareholders; they do not represent an immediate purchase or sale. These RSUs are derivative awards that convert into shares only if/when the vesting and settlement conditions are met, so they do not necessarily indicate immediate insider buying or selling.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-06-09+3,038→ 3,038 total→ Common Stock (3,038 underlying)
Footnotes (1)
- [F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of MP Materials Corp. ("Issuer") Class A common stock. These RSUs vest on the earlier of: (i) June 15, 2027; and (ii) the next annual meeting of the Issuer's stockholders, subject to the reporting person's continued service through the applicable vesting date, and settled upon the earlier to occur of (x) June 15th following the fifth anniversary of the vesting date; (y) a "change in control event" within the meaning of Section 409A of the Internal Revenue Code; and (z) the date of the director's separation from service. These RSUs fully vest upon a change in control of the Issuer or the director's termination of service due to death or disability.