BLITZER MICHAEL sold 2.09M shares of USA RARE EARTH, INC. on the open market

Open‑market sale worth $32.95M. Review remaining holdings and any 10b5‑1 plan disclosures.

S · 1 sale

BLITZER MICHAEL

Filed: 8/15/2025ACC: 0001213900-25-077642

InsiderBLITZER MICHAELCIK 1458423

→

IssuerUSA RARE EARTH, INC.CIK 1970622

Director

Since Jan 2026

-10.94M

Net shares

Net seller

$32.95M

Total sold

Open market trades

0B · 1S

Total transactions

2.12M acquired · 13.07M disposed

Non-Derivative Transactions2

Common Stock, par value $0.0001 per share

Indirect

M · Option Exercise

+2.09M

Price / share

—

Trade value

—

% of position

New position

8/13/2025

0.00→2.09M

Common Stock, par value $0.0001 per share

Indirect

S · Sale

−2.09M

Price / share

$15.75

Trade value

$32.95M

% of position

New position

8/13/2025

2.09M→0.00

Total

Net shares

+0.00

Net value

-$32.95M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock, par value $0.0001 per share Indirect	8/13/2025	M · Option Exercise	+2.09M	—	—	New position	0.00	2.09M
Common Stock, par value $0.0001 per share Indirect	8/13/2025	S · Sale	−2.09M	$15.75	$32.95M	New position	2.09M	0.00
Total			+0.00		-$32.95M

Derivative Transactions5

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock, par value $0.0001 per share

18.20K shares

+18.20K

Strike price

Held after

18.20K

Exercisable

—

8/13/2025

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock, par value $0.0001 per share

12.28K shares

+12.28K

Strike price

Held after

12.28K

Exercisable

—

8/13/2025

Series A Preferred Stock, par value $0.0001 per share

Indirect

M · Option Exercise

Converts to

Common Stock, par value $0.0001 per share

2.09M shares

−1.16M

Strike price

Held after

343.14K

Exercisable

—

8/13/2025

Warrants to purchase Common Stock

Indirect

J · J

Converts to

Common Stock, par value $0.0001 per share

6M shares

−6M

Strike price

11.50

Held after

0.00

Exercisable

—

8/14/2025

Warrants to purchase Common Stock

Direct

S · Sale

Converts to

Common Stock, par value $0.0001 per share

3.81M shares

−3.81M

Strike price

11.50

Held after

0.00

Exercisable

—

8/14/2025

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable	Held After
Restricted Stock Units Direct	Common Stock, par value $0.0001 per share18.20K shares	8/13/2025	A · Award	+18.20K		—	18.20K
Restricted Stock Units Direct	Common Stock, par value $0.0001 per share12.28K shares	8/13/2025	A · Award	+12.28K		—	12.28K
Series A Preferred Stock, par value $0.0001 per share Indirect	Common Stock, par value $0.0001 per share2.09M shares	8/13/2025	M · Option Exercise	−1.16M	7	—	343.14K
Warrants to purchase Common Stock Indirect	Common Stock, par value $0.0001 per share6M shares	8/14/2025	J · J	−6M	11.50	—	0.00
Warrants to purchase Common Stock Direct	Common Stock, par value $0.0001 per share3.81M shares	8/14/2025	S · Sale	−3.81M	11.50	—	0.00

Non-Derivative Holdings (Post-Transaction)1

Common Stock, par value $0.0001 per share

Indirect

Shares owned6.25M

Total

6.25M indirect6.25M

Security Title	Shares Owned	Ownership Type
Common Stock, par value $0.0001 per share	6.25M	Indirect
Total	6.25M	6.25M indirect

Derivative Holdings (Post-Transaction)2

Warrants to purchase Common Stock

Direct

Underlying security

Common Stock, par value $0.0001 per share

Underlying shares

3.81M

Shares owned

3.81M

Exercise price

11.50

Expiration

—

Exercise window

—

Series A Preferred Stock, par value $0.0001 per share

Direct

Underlying security

Common Stock, par value $0.0001 per share

Underlying shares

411.02K

Shares owned

411.02K

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

4.22M

Owned

4.22M

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Warrants to purchase Common Stock Direct	Common Stock, par value $0.0001 per share	11.50	—	—	3.81M	3.81M
Series A Preferred Stock, par value $0.0001 per share Direct	Common Stock, par value $0.0001 per share	7	—	—	411.02K	411.02K
Total					4.22M	4.22M