Lloyd III sold $106.7M of Mineralrite stock

By AlphaYouPublished Oct 6, 2026Form 4

Stocks in this disclosure

Reported activity

Hendricks Lloyd Bernard III

Reporting filer

Lloyd Bernard Hendricks III reported selling 3,919,388 shares of MINERALRITE Corp for about $106.7M ($27.23 a share on average). Form 4 filed Oct 6, 2026 lists 7 entries.

See the price move since this trade →

Disclosed: Oct 6, 2026

Reported details

7 entries

All validated entries in this disclosure
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 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	Hendricks Lloyd Bernard III	2026-09-30	X	Exercise	6900000	15	9,880,612	6 days	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	Hendricks Lloyd Bernard III	2026-09-30	X	Exercise	47600	25	47,600	6 days	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	Hendricks Lloyd Bernard III	2026-09-30	X	Exercise	5900	25	5,900	6 days	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)	Hendricks Lloyd Bernard III	2026-09-30	X	Exercise	6900000	0	0	6 days	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)	Hendricks Lloyd Bernard III	2026-09-30	X	Exercise	47600	0	0	6 days	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)	Hendricks Lloyd Bernard III	2026-09-30	X	Exercise	5900	0	0	6 days	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

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

SEC ownership filing

Prepared automatically from public filing data. Report a correction.

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

Sale

3919388

27.23

2,980,612

6 days

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

Hendricks Lloyd Bernard III

2026-09-30

Exercise

6900000

9,880,612

6 days

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

Hendricks Lloyd Bernard III

2026-09-30

Exercise

47600

47,600

6 days

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

Hendricks Lloyd Bernard III

2026-09-30

Exercise

5900

5,900

6 days

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)

Hendricks Lloyd Bernard III

2026-09-30

Exercise

6900000

6 days

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)

Hendricks Lloyd Bernard III

2026-09-30

Exercise

47600

6 days

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)

Hendricks Lloyd Bernard III

2026-09-30

Exercise

5900

6 days

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

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.