McKnight Andrew A. 4
4 · MP Materials Corp. / DE · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
MP Materials Director Andrew McKnight Receives RSU Award
What Happened
Andrew A. McKnight, a director of MP Materials Corp. (MP), was granted 3,038 restricted stock units (RSUs) on June 9, 2026. The RSUs were reported as acquired at $0.00 (award/derivative), meaning they are a conditional grant rather than an immediate cash purchase or sale.
Key Details
- Transaction date: 2026-06-09; filing date: 2026-06-10 (timely filing).
- Transaction type/code: Award/Grant (derivative; reported as A).
- Shares granted: 3,038 RSUs; acquisition price reported $0.00.
- Shares owned after transaction: Not specified in the filing.
- Footnote summary: Each RSU is a contingent right to one share. RSUs vest on the earlier of (i) June 15, 2027, or (ii) the issuer’s 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 qualifying change in control, 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
RSUs are common compensation for directors; they don’t represent immediate ownership or proceeds until they vest and are settled. Because this is an award (not a market purchase or sale), it should be viewed as compensation — not necessarily a direct signal of the director’s short-term market view.
Insider Transaction Report
Form 4
McKnight Andrew A.
Director
Transactions
- 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.
Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for Andrew A. McKnight|2026-06-10