Ryan Corbett - 29 Nov 2024 Form 4 Insider Report for MP Materials Corp. / DE (MP)

Signature
/s/ Elliot D. Hoops, Attorney-In-Fact for Ryan Corbett
Issuer symbol
MP
Transactions as of
29 Nov 2024
Net transactions value
-$752,500
Form type
4
Filing time
29 Nov 2024, 19:00:43 UTC
Previous filing
18 Nov 2024
Next filing
14 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MP Common Stock Sale $752,500 -35,000 -12% $21.50 260,021 29 Nov 2024 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 26, 2024.