Metals Royalty director acquires 10K shares at $13
Metals Royalty Co Inc. director Brian Thomas O'Neill acquired 10,000 Common Shares at $13.00 per share in a private placement directly from the company.
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Form Type
4
Rhea-AI Filing Summary
Metals Royalty Co Inc. director Brian Thomas O'Neill acquired 10,000 Common Shares at $13.00 per share in a private placement directly from the company. The acquisition is described as exempt from Section 16(b) under Rule 16b-3(d).
After this transaction, O'Neill directly holds 352,164 Common Shares. Separate indirect holdings reported include 432,692 Common Shares held by 1351389 B.C. Ltd. and 600,000 Common Shares held by his spouse, with beneficial ownership over these indirect positions disclaimed except for any pecuniary interest.
Insider Trade Summary
Grant/Award: 10,000 shares
Grant/Award
3 txns
Insider
O'Neill Brian Thomas
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 10,000 | $13.00 | $130K |
| holding | Common Shares | -- | -- | -- |
| holding | Common Shares | -- | -- | -- |
Holdings After Transaction:
Common Shares — 352,164 shares (Direct);
Common Shares — 600,000 shares (Indirect, By Spouse);
Common Shares — 432,692 shares (Indirect, By 1351389 B.C. Ltd.)
Footnotes (3)
- F1. Represents shares purchased by the Reporting Person directly from the Issuer in a private placement, which purchase is exempt from Section 16(b) in accordance with Rule 16b-3(d) promulgated under the Securities Exchange Act of 1934, as amended (the "Exchange Act").
- F2. The Reporting Person disclaims beneficial ownership over such shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- F3. Represents shares held by 1351389 B.C. Ltd. The Reporting Person is a control person of 1351389 B.C. Ltd., and may be deemed to share voting, investment and dispositive power with respect to the securities held by 1351389 B.C. Ltd. The Reporting Person disclaims beneficial ownership over such shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.
Key Figures
Shares acquired: 10,000 shares
Acquisition price: $13.00 per share
Direct holdings after transaction: 352,164 shares
+2 more
5 metrics
Shares acquired
10,000 shares
Common Shares acquired in private placement at $13.00
Acquisition price
$13.00 per share
Price for 10,000 Common Shares acquired from issuer
Direct holdings after transaction
352,164 shares
Common Shares directly held by O'Neill following acquisition
Indirect holdings via 1351389 B.C. Ltd.
432,692 shares
Common Shares held by 1351389 B.C. Ltd.
Indirect holdings via spouse
600,000 shares
Common Shares held by spouse
Key Terms
private placement, Rule 16b-3(d), pecuniary interest, beneficial ownership
4 terms
private placement financial
"Represents shares purchased by the Reporting Person directly from the Issuer in a private placement"
A private placement is a sale of securities directly to a selected group of investors, typically institutions or accredited investors, instead of through a public offering. It lets a company raise money faster and with fewer regulatory steps; for existing shareholders it matters because the newly issued shares, often sold at a discount, increase the share count and can dilute their ownership.
Rule 16b-3(d) regulatory
"exempt from Section 16(b) in accordance with Rule 16b-3(d) promulgated under the Securities Exchange Act of 1934"
Rule 16b-3(d) is a narrow SEC safe-harbor that shields company insiders (officers, directors and large shareholders) from liability for short‑swing profits when their buys or sells of company stock are made under a pre-established, written plan or contract that removes the insider’s ability to time trades. For investors, this matters because it permits predictable, automated insider transactions — like scheduled sales for diversification or payroll withholding — without triggering forced disgorgement, so such planned trades are treated differently from opportunistic insider trading.
pecuniary interest financial
"disclaims beneficial ownership over such shares ... except to the extent of his pecuniary interest therein"
beneficial ownership regulatory
"disclaims beneficial ownership over such shares for purposes of Section 16 of the Exchange Act"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did TMCR director Brian Thomas O'Neill report in this Form 4?
Brian Thomas O’Neill reported acquiring 10,000 Metals Royalty Co Inc. common shares at $13.00 each in a private placement. The filing also updates his direct and indirect shareholdings, including positions held through a controlled company and by his spouse.
What are Brian Thomas O'Neill’s direct holdings in TMCR after this transaction?
After the reported acquisition, O’Neill directly holds 352,164 Metals Royalty common shares. This figure reflects his personal position only and is separate from additional indirect holdings reported through a controlled company and by his spouse in the same Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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