MP Materials (MP) GC Elliot Hoops Sells 6,958 Shares

What Happened
Hoops Elliot Dean (General Counsel and Secretary) sold 6,958 shares of MP Materials (MP) at $75.00 per share on May 8, 2026, generating proceeds of $521,850. The Form 4 reports the disposition as an open-market or private sale.

Key Details

• Transaction date: 2026-05-08
• Price and quantity: 6,958 shares at $75.00 per share; total proceeds $521,850
• Reported method: Open-market or private sale (code S)
• Footnote: Sale was made pursuant to a Rule 10b5-1 trading plan adopted November 20, 2025
• Shares owned after transaction: Not specified in the provided filing summary
• Filing timeliness: Reported on the same date as the transaction (no late filing indicated)

Context
This was a sale (often routine) conducted under a pre-established 10b5-1 plan, which typically allows insiders to sell according to a predetermined schedule regardless of current company developments. The filing is factual and does not indicate the insider’s motivations.