DONALD ARNOLD W 4
4 · MP Materials Corp. / DE · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
MP Materials Director Donald W. Arnold Receives 3,038 RSU Award
What Happened
Donald W. Arnold, a director of MP Materials Corp. (MP), was awarded 3,038 restricted stock units (RSUs) on 2026-06-09. The RSUs were granted at $0.00 (no cash paid) and represent a contingent right to receive one share per RSU upon vesting/settlement. This is an equity compensation grant (an acquisition via award), not an open-market purchase or sale.
Key Details
- Transaction date: 2026-06-09; Form 4 filed 2026-06-10 (timely filing).
- Grant: 3,038 RSUs; grant price reported as $0.00 (derivative award).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote (vesting/settlement): RSUs vest on the earlier of (i) June 15, 2027 or (ii) the next annual meeting, subject to continued service. Settlement (conversion to shares) occurs on the earliest of (x) June 15 following the fifth anniversary of the vesting date, (y) a change in control (per IRC §409A), 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.
Context
This is a compensation award (derivative RSUs) rather than a market purchase or sale; such grants are routine for directors and do not by themselves indicate a buy/sell signal. The award will only convert into actual shares if and when the vesting and settlement conditions are met.
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") 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.