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Metals Royalty Co (TMCR) president discloses 873,688-share stake

(Neutral)
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Metals Royalty Co Inc. executive Donald Richard Sewell filed an initial ownership report showing his equity stake in the company. He directly holds 873,688 common shares as of April 7, 2026.

The position includes 57,500 restricted share units that vest in three equal annual installments starting November 10, 2025 and 43,125 RSUs that vest only if specified share price and market capitalization targets are met and certified by the board. He also holds a stock option to buy 57,500 common shares at $5.00 per share, expiring on November 9, 2035, vesting in four equal annual installments from November 10, 2025.

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Insider Sewell Donald Richard
Role President & CFO
Type Security Shares Price Value
holding Stock Option (right to buy) -- -- --
holding Common Shares -- -- --
Holdings After Transaction: Stock Option (right to buy) — 57,500 shares (Direct); Common Shares — 873,688 shares (Direct)
Footnotes (2)
  1. F1. Includes (i) 57,500 restricted share units ("RSUs") that vest in three equal annual installments commencing from November 10, 2025 and (ii) 43,125 RSUs that vest upon certain share price and market capitalization targets as certified by the Issuer's board of directors.
  2. F2. The shares subject to this option shall vest and become exercisable in four equal annual installments commencing from November 10, 2025, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
Common shares held 873,688 shares Direct holdings as of April 7, 2026
Time-based RSUs 57,500 units Vest in three equal annual installments from November 10, 2025
Performance-based RSUs 43,125 units Vest upon share price and market cap targets certified by the board
Stock option size 57,500 shares Underlying common shares for option holding
Option exercise price $5.00 per share Exercise price of stock option (right to buy)
Option expiration November 9, 2035 Expiration date of stock option grant
restricted share units financial
"Includes (i) 57,500 restricted share units ("RSUs") that vest in three equal annual installments"
Restricted share units (RSUs) are a promise from a company to give an employee or service provider actual shares or cash equal to the shares after certain conditions are met, typically staying with the company for a set time or hitting performance targets. Think of them like a time-locked gift card that becomes usable only after you’ve earned it. For investors, RSUs matter because they align employee incentives with company performance and can increase the number of shares outstanding over time, diluting existing ownership and affecting earnings per share.
RSUs financial
"and (ii) 43,125 RSUs that vest upon certain share price and market capitalization targets"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Stock Option (right to buy) financial
"Stock Option (right to buy)"
exercise price financial
"The shares subject to this option shall vest and become exercisable"
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
vesting financial
"shall vest and become exercisable in four equal annual installments commencing from November 10, 2025"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

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

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FAQ

What does the TMCR Form 3 filing by Donald Richard Sewell show?

The Form 3 shows Donald Richard Sewell’s initial ownership in Metals Royalty Co Inc., including 873,688 common shares, restricted share units that vest over time, and stock options exercisable at $5.00 per share with long-dated expirations.

How many Metals Royalty Co (TMCR) common shares does Sewell hold?

Donald Richard Sewell directly holds 873,688 common shares of Metals Royalty Co Inc. as of April 7, 2026. This figure reflects his reported direct equity stake, excluding future vesting from RSUs and unexercised stock options disclosed in the same filing.

What restricted share units (RSUs) are reported for TMCR’s President & CFO?

Sewell has 57,500 RSUs vesting in three equal annual installments from November 10, 2025 and 43,125 RSUs that vest only when specified share price and market capitalization targets are achieved and certified by Metals Royalty Co’s board of directors.

What stock options does Donald Richard Sewell hold in TMCR?

He holds a stock option covering 57,500 common shares at an exercise price of $5.00 per share, expiring November 9, 2035. These options vest in four equal annual installments starting November 10, 2025, subject to his continued service with the company.

Does the TMCR Form 3 show recent insider buying or selling by Sewell?

The Form 3 is an initial ownership filing and lists holdings rather than explicit buy or sell transactions. It details Sewell’s existing common shares, restricted share units, and options, providing a snapshot of his equity position on April 7, 2026.
SEC Form 3
FORM 3UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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:3235-0104
Estimated average burden
hours per response:0.5
1. Name and Address of Reporting Person*
Sewell Donald Richard

(Last)(First)(Middle)
1900 DOME TOWER, 333 7TH AVE SW

(Street)
CALGARYT2P 2Z1

(City)(State)(Zip)

ALBERTA, CANADA

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
04/07/2026
3. Issuer Name and Ticker or Trading Symbol
Metals Royalty Co Inc. [ TMCR ]
3a. Foreign Trading Symbol
5. If Amendment, Date of Original Filed (Month/Day/Year)
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & CFO
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Shares873,688(1)D
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year)3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option (right to buy) (2)11/09/2035Common Shares57,500$5D
Explanation of Responses:
1. Includes (i) 57,500 restricted share units ("RSUs") that vest in three equal annual installments commencing from November 10, 2025 and (ii) 43,125 RSUs that vest upon certain share price and market capitalization targets as certified by the Issuer's board of directors.
2. The shares subject to this option shall vest and become exercisable in four equal annual installments commencing from November 10, 2025, subject to the Reporting Person's continued service with the Issuer on each such vesting date.
Remarks:
Exhibit 24 - Power of Attorney
/s/ Donald Sewell04/08/2026
** Signature of Reporting PersonDate
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 5 (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 3: SEC 1473 (03-26)