MP Materials Corp. / DE·4

Mar 17, 8:20 PM ET

Hoops Elliot Dean 4

Research Summary

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MP Materials (MP) GC Hoops Elliot Dean Sells 13,914 Shares

What Happened

  • Hoops Elliot Dean, General Counsel and Secretary of MP Materials Corp. (MP), sold 13,914 shares on March 16, 2026. The shares were disposed at a weighted-average price of $60.01 per share for total proceeds of approximately $834,979. The sale was reported as an open-market (S) disposition.

Key Details

  • Transaction date: 2026-03-16; Form 4 filed: 2026-03-17 (timely).
  • Price: weighted average $60.01; actual sale prices ranged from $60.00 to $60.10 (multiple transactions).
  • Proceeds: ~$834,979.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Footnotes: Sale executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 20, 2025. The filer notes the weighted average and offers to provide a breakdown of shares sold at each price in the $60.00–$60.10 range upon request.

Context

  • This was a sale (not a purchase); sales can be routine or for personal reasons and, in this case, were pre-arranged under a 10b5-1 plan, which generally indicates the trades were scheduled in advance and not based on contemporaneous material nonpublic information.