• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Amendment: SEC Form SC 13D/A filed by MP Materials Corp.

    12/4/24 7:57:02 PM ET
    $MP
    Metal Mining
    Basic Materials
    Get the next $MP alert in real time by email
    SC 13D/A 1 sc13da.htm SCHEDULE 13D, AMENDMENT NO. 9

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549


    SCHEDULE 13D
    Under the Securities Exchange Act of 1934
    (Amendment No. 9)*

    MP Materials Corp.
    (Name of Issuer)
     
    Class A common stock, par value $0.0001 per share
    (Title of Class of Securities)
     
    553368101
    (CUSIP Number)
     
    James H. Litinsky
    c/o MP MATERIALS CORP.
    1700 S. Pavilion Center Drive, Suite 800
    Las Vegas, NV 89135
    (702) 844-6111
    (Name, Address and Telephone Number of Person
    Authorized to Receive Notices and Communications)
     
    December 3, 2024
    (Date of Event Which Requires Filing of this Statement)

    If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

    Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See Rule 13d-7 for other parties to whom copies are to be sent.

    * The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

    The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).




    CUSIP No. 553368101
    Page 2 of 4 Pages



    1
    NAMES OF REPORTING PERSONS
     
     
    James H. Litinsky
     
     
     
     
    2
    CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
    (a) 
     ☐
     
    (b) 
     ☐
     
     
    3
    SEC USE ONLY
     
     
     
     
     
     
     
    4
    SOURCE OF FUNDS (SEE INSTRUCTIONS)
     
     
    AF
     
     
     
     
    5
    CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(D) OR 2(E)
     
     ☐
     
     
     
     
     
    6
    CITIZENSHIP OR PLACE OF ORGANIZATION
     
     
    United States
     
     
     
     
    NUMBER OF
    SHARES
    BENEFICIALLY
    OWNED BY
    EACH
    REPORTING
    PERSON WITH
    7
    SOLE VOTING POWER
     
     
    16,354,203
     
     
     
     
    8
    SHARED VOTING POWER
     
     
    0
     
     
     
     
    9
    SOLE DISPOSITIVE POWER
     
     
    16,354,203
     
     
     
     
    10
    SHARED DISPOSITIVE POWER
     
     
    0
     
     
     
     
    11
    AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
     
     
    16,354,203
     
     
     
     
    12
    CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
     
     ☐
     
     
     
     
     
    13
    PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
     
     
    10.02%
     
     
     
     
    14
    TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
     
     
    IN
     
     
     
     




    CUSIP No. 553368101
    Page 3 of 4 Pages


    Item 1.  
    Security and Issuer

    Item 1 of the Schedule 13D is hereby amended and supplemented as follows:

    This Amendment No. 9 to Schedule 13D (“Amendment No. 9”) amends and supplements the information set forth in the Schedule 13D filed by the Reporting Persons with the U.S. Securities and Exchange Commission (the “SEC”) on November 27, 2020 (the “Original Schedule 13D”), as amended by Amendment No. 1 filed on December 23, 2020, Amendment No. 2 filed on March 30, 2021, Amendment No. 3 filed on September 20, 2021, Amendment No. 4 filed on March 2, 2022, Amendment No. 5 filed on August 10, 2022, Amendment No. 6 filed on September 9, 2022, Amendment No. 7 filed on May 26, 2023, and Amendment No. 8 filed on May 31, 2023 (collectively the “Schedule 13D”), relating to the shares of Class A Common Stock, par value $0.0001 per share (the “Common Stock”), of MP Materials Corp. (the “Issuer”). The address of the principal executive offices of the Issuer is 1700 S. Pavilion Center Drive, Suite 800, Las Vegas, Nevada 89135. All capitalized terms contained herein but not otherwise defined shall have the meanings ascribed to such terms in the Schedule 13D. Except as specifically provided herein, this Amendment No. 9 does not modify any of the information previously reported in the Schedule 13D.

    Item 5.
    Interest in Securities of the Issuer

    Item 5(a-c) and (e) of the Schedule 13D is hereby amended and supplemented as follows:

    (a, b) As of the date hereof, Mr. Litinsky may be deemed to beneficially own 16,354,203 shares of Common Stock, representing approximately 10.02% of the shares of Common Stock outstanding. This amount consists of: (i) 16,029,299 shares of Common Stock held in the Revocable Trust, representing approximately 9.82% of the shares of Common Stock outstanding; (ii) 200,000 remaining restricted stock units (“RSUs”) of the original 800,000 RSUs granted to Mr. Litinsky that vest in four annual installments beginning on November 18, 2022, where each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Common Stock; (iii) 15,873 remaining RSUs of the original 21,164 RSUs granted to Mr. Litinsky that vest in four annual installments beginning on January 13, 2024, where each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Common Stock; (iv) 105,264 RSUs granted to Mr. Litinsky that vest in four annual installments beginning on January 12, 2025, where each RSU represents the contingent right to receive, upon vesting of the RSU, one share of Common Stock; and (v) 3,767 shares of Common Stock owned by Mr. Litinsky.

    The percentage of shares of Common Stock outstanding reported herein is based on 163,207,224 shares outstanding as of October 31, 2024, as set forth in the Issuer’s quarterly report on Form 10-Q filed with the SEC on November 8, 2024.

    (c) Mr. Litinsky sold 2,613,777 shares of Common Stock in open market brokerage transaction as follows:  (i) on November 18, 2024, 300,000 shares of Common Stock; (ii) on November 26, 2024, 300,000 shares of Common Stock; (iii) on November 27, 2024, 200,000 shares of Common Stock; (iv) on December 2, 2024, 234,667 shares of Common Stock, pursuant to a 10b5-1 trading plan entered into on February 26, 2024; (v) on December 3, 2024, 1,579,110 shares of Common Stock, pursuant to a 10b5-1 trading plan entered into on February 26, 2024.  These shares were sold in multiple transactions, in the amounts and at the price ranges listed in the table below.  The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in the table below. No other transactions in the shares of Common Stock were purchased or sold by the Reporting Person during the past 60 days.

    Date of Sale
    Number of Shares
    Weighted Average Price
    Low Price
    High Price
    11/18/2024
    300,000
    $18.45
    $18.05
    $18.68
    11/26/2024
    300,000
    $20.22
    $20.00
    $20.55
    11/27/2024
    200,000
    $20.90
    $20.60
    $21.25
    12/02/2024
    234,667
    $20.68
    $20.29
    $21.01
     12/03/2024 1,328,727 $23.31 $22.70 $23.69
    12/03/2024
    250,383
    $23.81
    $23.70
    $24.00




    CUSIP No. 553368101
    Page 4 of 4 Pages



    SIGNATURES

    After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

    December 4, 2024

     
    JAMES H. LITINSKY
           
     
    By:
    /s/ Elliot D. Hoops
     
     
    Name:  
    Elliot D. Hoops
     
     
    Title:
    Attorney-in-Fact
     



    Get the next $MP alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $MP

    DatePrice TargetRatingAnalyst
    9/27/2024$20.00 → $25.00Outperform
    Robert W. Baird
    7/15/2024$16.50Market Perform
    BMO Capital Markets
    4/23/2024$20.00 → $16.00Overweight → Neutral
    JP Morgan
    3/13/2024$26.00 → $15.50Overweight → Equal-Weight
    Morgan Stanley
    9/6/2023Market Perform → Outperform
    Northland Capital
    8/31/2023$27.00Overweight
    JP Morgan
    4/18/2023$32.00Outperform → Market Perform
    Northland Capital
    7/13/2022$44.00Buy
    Canaccord Genuity
    More analyst ratings

    $MP
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13D/A filed by MP Materials Corp.

      SC 13D/A - MP Materials Corp. / DE (0001801368) (Subject)

      12/4/24 7:57:02 PM ET
      $MP
      Metal Mining
      Basic Materials
    • Amendment: SEC Form SC 13G/A filed by MP Materials Corp.

      SC 13G/A - MP Materials Corp. / DE (0001801368) (Subject)

      11/13/24 9:10:45 AM ET
      $MP
      Metal Mining
      Basic Materials
    • SEC Form SC 13G filed by MP Materials Corp.

      SC 13G - MP Materials Corp. / DE (0001801368) (Subject)

      4/5/24 4:05:14 PM ET
      $MP
      Metal Mining
      Basic Materials

    $MP
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • MP Materials Reports First Quarter 2025 Results

      Revenue increased 25% year over year to $60.8 million Record NdPr production of 563 metric tons, a 36% sequential increase Second best quarterly REO production of 12,213 metric tons, a 10% increase year over year NdPr sales volumes more than doubled year over year to 464 metric tons Magnetics division makes first metal deliveries, generating $5.2 million in revenue and positive Adjusted EBITDA Received third $50 million customer prepayment on April 1 Intensifying engagement from industry and government MP Materials Corp. (NYSE:MP) ("MP Materials" or the "Company"), today announced financial and operational results for the three months ended March 31, 2025. "MP Materials delivered st

      5/8/25 4:05:00 PM ET
      $MP
      Metal Mining
      Basic Materials
    • MP Materials Accelerates Strategy to Reindustrialize the Rare Earth Supply Chain

      In response to China's retaliatory tariffs and export controls, MP Materials (NYSE:MP) has ceased shipments of rare earth concentrate to China. Selling our valuable critical materials under 125% tariffs is neither commercially rational nor aligned with America's national interest. We have been preparing for this moment since day one. Our mission, capital strategy, and execution reflect a long-term vision built to withstand short-term dislocation and emerge stronger. MP has invested nearly $1 billion to restore the full rare earth supply chain in the United States. Today, our California refinery is processing nearly half of our production, with virtually all of that material sold into mark

      4/17/25 12:54:00 PM ET
      $MP
      Metal Mining
      Basic Materials
    • MP Materials Announces Date for First Quarter 2025 Financial Results and Webcast

      MP Materials Corp. (NYSE:MP) will release its financial results for the first quarter ended March 31, 2025, after the U.S. markets close on Thursday, May 8, 2025. MP Materials' management will host a conference call and webcast that afternoon at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Prior to the conference call and webcast, MP Materials will issue a press release and post a slide presentation at https://investors.mpmaterials.com/. Conference Call Details Event: MP Materials Q1 2025 Financial Results Conference Call and Webcast Date: Thursday, May 8, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Webcast: https://investors.mpmaterials.com/ Replay: A webcast replay

      4/10/25 4:05:00 PM ET
      $MP
      Metal Mining
      Basic Materials

    $MP
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Robert W. Baird reiterated coverage on MP Materials with a new price target

      Robert W. Baird reiterated coverage of MP Materials with a rating of Outperform and set a new price target of $25.00 from $20.00 previously

      9/27/24 8:42:13 AM ET
      $MP
      Metal Mining
      Basic Materials
    • BMO Capital Markets initiated coverage on MP Materials with a new price target

      BMO Capital Markets initiated coverage of MP Materials with a rating of Market Perform and set a new price target of $16.50

      7/15/24 7:46:19 AM ET
      $MP
      Metal Mining
      Basic Materials
    • MP Materials downgraded by JP Morgan with a new price target

      JP Morgan downgraded MP Materials from Overweight to Neutral and set a new price target of $16.00 from $20.00 previously

      4/23/24 6:16:17 AM ET
      $MP
      Metal Mining
      Basic Materials

    $MP
    Insider Purchases

    Insider purchases reveal critical bullish sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • Chief Operating Officer Rosenthal Michael Stuart bought $325,200 worth of shares (30,000 units at $10.84), increasing direct ownership by 2% to 1,402,975 units (SEC Form 4)

      4 - MP Materials Corp. / DE (0001801368) (Issuer)

      8/8/24 4:23:03 PM ET
      $MP
      Metal Mining
      Basic Materials

    $MP
    Financials

    Live finance-specific insights

    See more

    $MP
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more

    $MP
    SEC Filings

    See more
    • MP Materials Reports First Quarter 2025 Results

      Revenue increased 25% year over year to $60.8 million Record NdPr production of 563 metric tons, a 36% sequential increase Second best quarterly REO production of 12,213 metric tons, a 10% increase year over year NdPr sales volumes more than doubled year over year to 464 metric tons Magnetics division makes first metal deliveries, generating $5.2 million in revenue and positive Adjusted EBITDA Received third $50 million customer prepayment on April 1 Intensifying engagement from industry and government MP Materials Corp. (NYSE:MP) ("MP Materials" or the "Company"), today announced financial and operational results for the three months ended March 31, 2025. "MP Materials delivered st

      5/8/25 4:05:00 PM ET
      $MP
      Metal Mining
      Basic Materials
    • MP Materials Announces Date for First Quarter 2025 Financial Results and Webcast

      MP Materials Corp. (NYSE:MP) will release its financial results for the first quarter ended March 31, 2025, after the U.S. markets close on Thursday, May 8, 2025. MP Materials' management will host a conference call and webcast that afternoon at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time). Prior to the conference call and webcast, MP Materials will issue a press release and post a slide presentation at https://investors.mpmaterials.com/. Conference Call Details Event: MP Materials Q1 2025 Financial Results Conference Call and Webcast Date: Thursday, May 8, 2025 Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time) Webcast: https://investors.mpmaterials.com/ Replay: A webcast replay

      4/10/25 4:05:00 PM ET
      $MP
      Metal Mining
      Basic Materials
    • MP Materials Reports Fourth Quarter and Full Year 2024 Results

      Commenced commercial production of NdPr metal at Independence Began trial production of automotive-grade magnets Achieved record production of 45,455 metric tons of REO in concentrate in 2024 Produced record 1,294 metric tons of NdPr oxide in 2024 Generated fourth quarter revenues of $61.0 million, a 48% increase year over year MP Materials Corp. (NYSE:MP) ("MP Materials" or the "Company"), today announced its financial results for the fourth quarter and full year ended December 31, 2024. Fourth Quarter 2024 Highlights Commenced commercial production of NdPr metal at Independence Began trial production of automotive-grade magnets Produced 11,478 metric tons of rare earth oxides

      2/20/25 4:05:00 PM ET
      $MP
      Metal Mining
      Basic Materials
    • Chairman and CEO Litinsky James H. sold $5,393,794 worth of shares (199,180 units at $27.08) (SEC Form 4)

      4 - MP Materials Corp. / DE (0001801368) (Issuer)

      4/16/25 9:11:13 PM ET
      $MP
      Metal Mining
      Basic Materials
    • New insider Infuso David Gregory claimed ownership of 44,667 shares (SEC Form 3)

      3 - MP Materials Corp. / DE (0001801368) (Issuer)

      4/4/25 9:06:17 PM ET
      $MP
      Metal Mining
      Basic Materials
    • Director Duckworth Connie K was granted 1,229 shares, increasing direct ownership by 4% to 34,486 units (SEC Form 4)

      4 - MP Materials Corp. / DE (0001801368) (Issuer)

      3/31/25 9:11:40 PM ET
      $MP
      Metal Mining
      Basic Materials
    • SEC Form 10-Q filed by MP Materials Corp.

      10-Q - MP Materials Corp. / DE (0001801368) (Filer)

      5/9/25 4:07:55 PM ET
      $MP
      Metal Mining
      Basic Materials
    • MP Materials Corp. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - MP Materials Corp. / DE (0001801368) (Filer)

      5/8/25 4:10:43 PM ET
      $MP
      Metal Mining
      Basic Materials
    • SEC Form DEFA14A filed by MP Materials Corp.

      DEFA14A - MP Materials Corp. / DE (0001801368) (Filer)

      4/25/25 4:14:02 PM ET
      $MP
      Metal Mining
      Basic Materials

    $MP
    Leadership Updates

    Live Leadership Updates

    See more
    • Palantir Technologies, Dell Technologies, and Erie Indemnity Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

      NEW YORK, Sept. 6, 2024 /PRNewswire/ -- S&P Dow Jones Indices ("S&P DJI") will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, September 23, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from

      9/6/24 6:43:00 PM ET
      $AAL
      $ADMA
      $ADNT
      $AMCX
      Air Freight/Delivery Services
      Consumer Discretionary
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care