McKnight Andrew A. 4

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.