USA Rare Earth Director Davis Lawrence Receives 6,959 RSU Award

What Happened
Director Michael L. Davis (listed as Davis Michael Lawrence) was granted 6,959 restricted stock units (RSUs) on 2026-09-03. The grant is recorded at $0.00 per share (derivative award); aggregate cash value at grant is shown as $0. Each RSU represents the right to receive one share of common stock at settlement, subject to vesting conditions. This is a compensation award (grant), not a market purchase or sale.

Key Details

• Transaction date: 2026-09-03; Form 4 filed: 2026-09-08.
• Transaction type/code: Award/Grant (A). Price reported: $0.00 per RSU; total reported cash = $0.
• Amount: 6,959 restricted stock units (each RSU = right to one share at settlement).
• Vesting: RSUs will fully vest on the 2027 Annual Meeting date, anticipated on or about June 2, 2027 (Footnote F1). (Footnote F2: each RSU equals one share at settlement.)
• Shares owned after transaction: Not disclosed in this filing.
• Timeliness: Filed five calendar days after the transaction (appears outside the typical two-business-day Form 4 window).

Context: RSU grants are standard executive/board compensation and do not reflect an immediate cash purchase or sale of stock. Because RSUs convert to shares only upon vesting/settlement, they are a deferred-compensation instrument rather than an immediate insider purchase signal.