MINERALRITE CEO exercises Series C Preferred options

MINERALRITE Corp director, President and CEO James Burgauer exercised options to acquire 175 shares of Series C Preferred stock at $120.00 per share on June 8, 2026.

Accepted by SEC EDGAR 06/09/2026 - 12:25 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

MINERALRITE Corp director, President and CEO James Burgauer exercised options to acquire 175 shares of Series C Preferred stock at $120.00 per share on June 8, 2026. This was reported as an exercise or conversion of a derivative security rather than an open-market purchase.

Following the transaction, Burgauer directly holds 6,815 shares of Series C Preferred and 185 options to purchase Series C Preferred, according to the filing. The activity reflects a compensation-related derivative exercise, with no reported open-market buying or selling.

Insider Trade Summary

175 shares exercised/converted

Exercise 2 txns

Insider Burgauer James

Role President, CEO

Type	Security	Shares	Price	Value
Exercise	Option to purchase Series C Preferred	175	$120.00	$21K
Exercise	Series C Preferred	175	$120.00	$21K

Holdings After Transaction: Option to purchase Series C Preferred — 185 contracts (Direct); Series C Preferred — 6,815 shares (Direct)

Key Figures

Options exercised: 175 shares Series C Preferred Exercise price: $120.00 per share Preferred shares held: 6,815 shares +3 more

6 metrics

Options exercised 175 shares Series C Preferred Derivative exercise on June 8, 2026

Exercise price $120.00 per share Series C Preferred option exercise price

Preferred shares held 6,815 shares Series C Preferred directly owned after transaction

Options remaining 185 options Options to purchase Series C Preferred after exercise

Option expiration August 30, 2027 Expiration date for the derivative options

Option exercise date November 1, 2023 Exercise start date disclosed for the options

Key Terms

Series C Preferred, Option to purchase Series C Preferred, derivative security, Form 4

4 terms

Series C Preferred financial

"security_title: "Series C Preferred""

Option to purchase Series C Preferred financial

"security_title: "Option to purchase Series C Preferred""

derivative security financial

"transaction_code_description: "Exercise or conversion of derivative security""

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Form 4 regulatory

"INSIDER FILING DATA (Form 4):"

Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MINERALRITE Corp (RITE) report for James Burgauer?

MINERALRITE Corp reported that President and CEO James Burgauer exercised options to acquire 175 shares of Series C Preferred stock. The transaction was coded as a derivative security exercise (code M), not an open-market purchase or sale, and increased his direct preferred share holdings.

At what price were the MINERALRITE (RITE) Series C Preferred options exercised?

The options to acquire MINERALRITE Series C Preferred were exercised at $120.00 per share. This price matches the conversion or exercise price disclosed for the derivative security, indicating a straightforward option exercise rather than a negotiated market trade at a different price.

How many Series C Preferred shares does James Burgauer hold after this Form 4 filing for RITE?

After the reported transaction, James Burgauer directly holds 6,815 shares of MINERALRITE’s Series C Preferred stock. This figure reflects his position following the 175-share option exercise disclosed, providing an updated view of his preferred equity stake in the company.

What happened to James Burgauer’s derivative options on MINERALRITE Series C Preferred?

Following the transaction, Burgauer holds 185 options to purchase MINERALRITE Series C Preferred. The Form 4 shows 175 derivative securities exercised at $120.00 each, with total derivative holdings after the exercise reported as 185, all classified as directly owned.

Does the MINERALRITE (RITE) Form 4 show any open-market buying or selling by James Burgauer?

The Form 4 does not show open-market buying or selling. Both transactions are coded M, indicating exercises or conversions of derivative securities. The filing specifically labels the actions as derivative exercises, separate from standard market purchases or sales of the company’s stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Burgauer James

(Last) (First) (Middle)

C/O MINERALRITE CORPORATION

325 N. ST. PAUL STREET, SUITE 3100

(Street)

DALLAS TEXAS 75201

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
MINERALRITE Corp [ RITE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	President, CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/08/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Series C Preferred	06/08/2026	06/08/2026	M		175	A	$120	6,815	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Option to purchase Series C Preferred	$120	06/08/2026	06/08/2026	M		175		11/01/2023	08/30/2027	Series C Preferred	175	$120	185	D

Explanation of Responses:

	/s/ James Burgauer	06/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)