MP Materials (MP) Director Connie Duckworth Receives 740-Share Award

What Happened

• Connie K. Duckworth, a director of MP Materials Corp. (MP), was awarded 740 deferred stock units (DSUs) on 2026-09-30. The units were recorded at an acquisition price of $0.00 (no cash paid). The DSUs are fully vested on grant but do not convert to shares until specified settlement events occur.

Key Details

• Transaction date and type: 2026-09-30 — Award/Grant (A) of 740 DSUs at $0.00 per unit.
• Shares owned after transaction: Not disclosed in the filing.
• Footnote: These are deferred stock units awarded when the director elected to defer cash retainers. Each DSU represents a right to receive one share and will be settled upon (i) the June 15 following the close of the fifth calendar year after the cash retainer was earned, (ii) certain change-in-control events, or (iii) the director’s separation from service.
• Filing timeliness: Report period and filing date are the same (2026-09-30); no late filing noted.

Context

• DSUs are a form of deferred compensation: although fully vested, they do not immediately increase the insider's tradable share count until settlement, so they are different from an open-market purchase or immediate stock receipt.
• Awards like this typically reflect routine director compensation (deferral of cash retainers) and should be interpreted as compensation, not a direct buy/sell signal.