---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-21-335300"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2021-11-19T23:59:59+00:00"
generated_at: "2026-06-28T06:38:41.773252+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# MP Materials enters new employment agreements with four executives, effective Jan 1, 2022

## Summary
- CEO James Litinsky receives $600k base salary, target bonus 100% of base (max 200%), and 800k RSUs vesting over 4 years.
- CFO Ryan Corbett and COO Michael Rosenthal each get $425k base salary with same bonus structure as CEO.
- General Counsel Elliot Hoops base salary set at $400k with identical bonus provisions.
- Change-of-control severance: 2x salary plus target bonus for terminations within 24 months after a change of control.
- Agreements include non-competition, non-solicitation, and clawback policy provisions.

## SEC filing metadata
- accession: 0001193125-21-335300
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2021-11-19T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000119312521335300/0001193125-21-335300-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000119312521335300/d222153d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-21-335300
- JSON: https://secwatch.observer/filing/0001193125-21-335300.json
- Plain text: https://secwatch.observer/filing/0001193125-21-335300.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.