Hendricks Lloyd Bernard III bought RITE
September 30, 2026 · Form 4 insider transaction
Hendricks Lloyd Bernard III bought 6,900,000 shares of MineralRite Corporation at $15.00 per share, a transaction worth $103.50M. The trade was recorded as exercise of in-the-money option and disclosed on an SEC Form 4, filed 6 days after the transaction.
Direction
Acquired (buy-side)
Shares
6,900,000
Price
$15.00
Total value
$103.50M
InsiderHendricks Lloyd Bernard III
Role—
SecuritySeries NMC Preferred
Transaction codeX: Exercise of in-the-money option
Transaction dateSeptember 30, 2026
Filing dateOctober 6, 2026
Shares owned after9,880,612
OwnershipIndirect
10b5-1 planNo
AmendedNo
Footnotes
Shares issuable on exercise will be issued upon effectiveness of the issuer's Restated Certificate of Formation.; Abstract Holdings 1618, LLC is wholly owned by Abstract Concepts 1618, LLC, which is owned and controlled by the reporting person. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.