Shribman Daniel bought REA
May 7, 2026 · Form 4 insider transaction
Shribman Daniel bought 138,955 shares of Rare Earths Americas, Inc., a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 1 day after the transaction.
Footnotes
Pursuant to the Restricted Stock Unit Agreement, the shares vested to the recipient on the closing date of the IPO. However, due to lock-up agreements signed pursuant to the Underwriting Agreement, the shares won't settle to the recipient until the lock-up period expires.; Each restricted stock unit represented a contingent right to receive a share of REA common stock upon a Liquidity Event, as defined in the Award Agreement. On May 7, 2026, REA closed its initial public offering, which was a Liquidity Event, triggering the vesting of all shares.