---
schema_version: "secwatch.filing_event.v1"
accession: "0001801368-25-000048"
form_type: "8-K"
ticker: "MP"
cik: "0001801368"
company_name: "MP Materials Corp. / DE"
filed_at: "2025-10-17T23:59:59+00:00"
generated_at: "2026-05-17T03:25:06.900265+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# MP Materials grants $28M performance-based PRSUs to execs tied to U.S. DoD milestones

## Summary
- CEO James Litinsky receives $15M target PRSUs; COO $7.5M, CFO $3.5M, GC $2M.
- PRSUs vest over 5 years with milestones at 3yr (50%), 4yr (25%), 5yr (25%).
- Milestones include heavy REE refinement, magnet production at Independence and 10X facilities, NdPr oxide output.
- Grant stems from July 10, 2025 definitive agreement with U.S. Department of War.
- Vesting contingent on continued service; termination subject to employment agreements.

## SEC filing metadata
- accession: 0001801368-25-000048
- form_type: 8-K
- ticker: MP
- cik: 0001801368
- company_name: MP Materials Corp. / DE
- filed_at: 2025-10-17T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000048/0001801368-25-000048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1801368/000180136825000048/mp-20251013.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001801368-25-000048
- JSON: https://secwatch.observer/filing/0001801368-25-000048.json
- Plain text: https://secwatch.observer/filing/0001801368-25-000048.txt

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