Form 4 | MP Materials Chairman & CEO James H. Litinsky sold a total of 300,000 common shares via trust
Filings Track
04/21
According to the latest Form 4 filing, James H. Litinsky, Chairman and CEO of MP Materials Corp. (ticker: MP), sold company common stock in the open market via his revocable trust on April 17 and April 20, 2026. He disposed of 40,821 shares and 259,179 shares, respectively, for a total sale of 300,000 shares, at weighted average prices of approximately $64.05 and $64.03. These transactions were executed under a pre-arranged Rule 10b5‑1 trading plan adopted on September 16, 2025. Following the sales, he still indirectly holds about 12.5 million shares through the trust and directly owns 216,397 shares. While planned insider sales at relatively high prices can be interpreted as a short‑term bearish signal, his remaining substantial ownership suggests limited impact on perceptions of his long‑term commitment.