MineralRite CEO exercises options for preferred shares

MINERALRITE Corp President and CEO James Burgauer exercised options to acquire 125 shares of Series C Preferred stock at $120 per share.

Rhea-AI Filing Summary

MINERALRITE Corp President and CEO James Burgauer exercised options to acquire 125 shares of Series C Preferred stock at $120 per share. The underlying options related to Series C Preferred were exercised on the same date. Following the transaction, he directly holds 6,640 shares of Series C Preferred.

Insights

Equity analyst

CEO exercised options to add preferred shares, with no open-market trades.

MINERALRITE Corp’s President and CEO, James Burgauer, exercised options to purchase 125 shares of Series C Preferred at $120 per share, converting a derivative position into direct equity. This is recorded as a derivative exercise, not an open-market purchase or sale.

After the transaction, he directly owns 6,640 shares of Series C Preferred. With no sales or gifts reported and no remaining derivative positions shown, this looks like a routine exercise-and-hold event, offering limited directional signal beyond increased direct preferred ownership.

Insider Trade Summary

125 shares exercised/converted

Exercise 2 txns

Insider Burgauer James

Role President, CEO

Type	Security	Shares	Price	Value
Exercise	Option to purchase Series C Preferred	125	$120.00	$15K
Exercise	Series C Preferred	125	$120.00	$15K

Holdings After Transaction: Option to purchase Series C Preferred — 360 contracts (Direct); Series C Preferred — 6,640 shares (Direct)

FAQ

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

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

MINERALRITE reported that CEO James Burgauer exercised options to acquire 125 shares of Series C Preferred stock. The options were exercised at $120 per share, converting a derivative position into direct ownership rather than involving any open-market purchases or sales.

Did the MINERALRITE (RITE) CEO buy or sell shares on the open market?

No, the CEO did not trade shares on the open market. The Form 4 shows a derivative exercise, where James Burgauer converted options into 125 shares of Series C Preferred at $120 per share, without any reported open-market buying or selling.

How many MINERALRITE (RITE) Series C Preferred shares does the CEO hold after this filing?

After the reported transaction, James Burgauer directly holds 6,640 shares of Series C Preferred. This total reflects the addition of 125 shares acquired through exercising options, as disclosed in the Form 4 insider transaction report.

What was the exercise price for the MINERALRITE (RITE) Series C Preferred options?

The options were exercised at an exercise price of $120 per share. James Burgauer converted an option position into 125 shares of Series C Preferred at this price, classified in the filing as an exercise or conversion of a derivative security.

Does the MINERALRITE (RITE) Form 4 show any share disposals by the CEO?

No share disposals are reported in this Form 4. The transaction summary lists two acquire-side entries related to exercising derivative securities, with no sales, gifts, or tax-withholding dispositions disclosed for James Burgauer in this filing.

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

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 03/10/2026 - 01:48 PM Learn about SEC filing dates

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, SUITE3100

(Street)

DALLAS TX 75201

(City) (State) (Zip)

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

3. Date of Earliest Transaction (Month/Day/Year)
03/10/2026

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

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

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

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	03/10/2026	03/10/2026	M		125	A	$120	6,640	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	03/10/2026	03/10/2026	M			125	11/01/2023	08/30/2027	Series C Preferred	125	$120	360	D

Explanation of Responses:

	/s/ James Burgauer	03/10/2026
	** 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.