RITE: Hendricks Lloyd Bernard III discloses securities transactions
By AlphaYouPublished Form 4
Hendricks Lloyd Bernard III
Reporting filer
Hendricks Lloyd Bernard III reported Sale in MINERALRITE Corp: 3919388 units of Series NMC Preferred, dated 2026-09-30. The full Form 4 contains 7 transaction entries.
- Disclosed
- Oct 6, 2026
Reported details
7 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Series NMC Preferred | Hendricks Lloyd Bernard III | 2026-09-30 | S | Sale | 3919388 | 27.23 | 2,980,612 | 6 days | Filed terms
|
| Series NMC Preferred | Hendricks Lloyd Bernard III | 2026-09-30 | X | Exercise | 6900000 | 15 | 9,880,612 | 6 days | Filed terms
|
| Series D Preferred | Hendricks Lloyd Bernard III | 2026-09-30 | X | Exercise | 47600 | 25 | 47,600 | 6 days | Filed terms
|
| Series D Preferred | Hendricks Lloyd Bernard III | 2026-09-30 | X | Exercise | 5900 | 25 | 5,900 | 6 days | Filed terms
|
| Warrant to Purchase Series NMC Preferred (derivative) | Hendricks Lloyd Bernard III | 2026-09-30 | X | Exercise | 6900000 | 0 | 0 | 6 days | Filed terms
|
| Warrant to Purchase Series D Preferred (derivative) | Hendricks Lloyd Bernard III | 2026-09-30 | X | Exercise | 47600 | 0 | 0 | 6 days | Filed terms
|
| Warrant to Purchase Series D Preferred (derivative) | Hendricks Lloyd Bernard III | 2026-09-30 | X | Exercise | 5900 | 0 | 0 | 6 days | Filed terms
|
Series NMC Preferred
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- S
- Action
- Sale
- Quantity
- 3919388
- Price
- 27.23
- Following holdings
- 2,980,612
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Series NMC Preferred
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: S
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 3919388
- transaction Price Per Share: 27.23
- id: F1
- transaction Acquired Disposed Code: D
- shares Owned Following Transaction: 2980612
- direct Or Indirect Ownership: I
- nature Of Ownership: By Abstract Holdings 1618, LLC
- id: F2
Series NMC Preferred
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- X
- Action
- Exercise
- Quantity
- 6900000
- Price
- 15
- Following holdings
- 9,880,612
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Series NMC Preferred
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: X
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 6900000
- transaction Price Per Share: 15
- id: F3
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 9880612
- direct Or Indirect Ownership: I
- nature Of Ownership: By Abstract Holdings 1618, LLC
- id: F2
Series D Preferred
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- X
- Action
- Exercise
- Quantity
- 47600
- Price
- 25
- Following holdings
- 47,600
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Series D Preferred
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: X
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 47600
- transaction Price Per Share: 25
- id: F3
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 47600
- direct Or Indirect Ownership: I
- nature Of Ownership: By Abstract Concepts 1618, LLC
- id: F2
Series D Preferred
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- X
- Action
- Exercise
- Quantity
- 5900
- Price
- 25
- Following holdings
- 5,900
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Series D Preferred
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: X
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 5900
- transaction Price Per Share: 25
- id: F3
- transaction Acquired Disposed Code: A
- shares Owned Following Transaction: 5900
- direct Or Indirect Ownership: I
- nature Of Ownership: By Commodity Capital Advisors, LLC
- id: F4
Warrant to Purchase Series NMC Preferred (derivative)
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- X
- Action
- Exercise
- Quantity
- 6900000
- Price
- 0
- Following holdings
- 0
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Warrant to Purchase Series NMC Preferred
- conversion Or Exercise Price: 15
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: X
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 6900000
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- exercise Date: 2026-05-06
- expiration Date: 2034-12-31
- underlying Security Title: Series NMC Preferred
- underlying Security Shares: 6900000
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: By Abstract Holdings 1618, LLC
- id: F2
Warrant to Purchase Series D Preferred (derivative)
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- X
- Action
- Exercise
- Quantity
- 47600
- Price
- 0
- Following holdings
- 0
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Warrant to Purchase Series D Preferred
- conversion Or Exercise Price: 25
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: X
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 47600
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- exercise Date: 2025-10-06
- expiration Date: 2026-12-31
- underlying Security Title: Series D Preferred
- underlying Security Shares: 47600
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: By Abstract Concepts 1618, LLC
- id: F2
Warrant to Purchase Series D Preferred (derivative)
- Owner
- Hendricks Lloyd Bernard III
- Date
- 2026-09-30
- Code
- X
- Action
- Exercise
- Quantity
- 5900
- Price
- 0
- Following holdings
- 0
- Reporting delay
- 6 days
- Filed terms and references
Filed terms
- security Title: Warrant to Purchase Series D Preferred
- conversion Or Exercise Price: 25
- transaction Date: 2026-09-30
- transaction Form Type: 4
- transaction Code: X
- equity Swap Involved: 0
- transaction Timeliness:
- transaction Shares: 5900
- transaction Price Per Share: 0
- transaction Acquired Disposed Code: D
- exercise Date: 2025-10-07
- expiration Date: 2026-12-31
- underlying Security Title: Series D Preferred
- underlying Security Shares: 5900
- shares Owned Following Transaction: 0
- direct Or Indirect Ownership: I
- nature Of Ownership: By Commodity Capital Advisors, LLC
- id: F4
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Hendricks Lloyd Bernard III: 10% owner.
- F1: Repurchased by the issuer for a non-interest-bearing promissory note of $106,724,942, approximately $27.23 per share. On the same date the note was applied to the warrant exercise prices reported here and to certain royalty repurchase prices, and was then cancelled. No cash was exchanged.
- F2: 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.
- F3: Shares issuable on exercise will be issued upon effectiveness of the issuer's Restated Certificate of Formation.
- F4: Abstract Concepts 1618, LLC is the manager of Commodity Capital Advisors, LLC. The reporting person disclaims beneficial ownership except to the extent of his pecuniary interest.
Original sources
Prepared automatically from public filing data. Report a correction.