Form 4: Maryanne Lavan Reports Acquisition and Disposal of MP Materials Corp. Stock
SEC Form 4
Director Maryanne Lavan reports acquisition of deferred stock units and disposal of common stock in MP Materials Corp.
Summary
- Maryanne Lavan, a director of MP Materials Corp., filed a Form 4 detailing changes in beneficial ownership.
- On June 30, 2024, Lavan acquired 2,197 deferred stock units (DSUs) at a price of $0.
- These DSUs represent the right to receive shares of MP Materials Corp. common stock and are fully vested upon grant.
- Lavan also disposed of 13,465 shares of common stock on the same date.
- The DSUs will be settled upon the earlier of June 15th following the close of the fifth calendar year after the cash retainers are earned, certain changes in control, or separation from service.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Future Outlook
The deferred stock units will be settled upon the earlier of June 15th following the close of the fifth calendar year after the cash retainers are earned, certain changes in control, or separation from service.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, providing transparency to investors regarding the actions of key personnel.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 06/30/2024 | Date of transaction: acquisition of deferred stock units and disposal of common stock. |
| 07/01/2024 | Date of signature by Attorney-In-Fact. |
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