Metals Royalty CEO buys 8% notes linked to 100K shares
Metals Royalty Co Inc. (TMCR) reported that Chairman & CEO and 10% owner Brian Paes-Braga purchased 8.00% Convertible Senior Secured Second Lien Notes due 2031 on 2026-08-24 in a direct transaction.
Rhea-AI Filing Summary
Metals Royalty Co Inc. (TMCR) reported that Chairman & CEO and 10% owner Brian Paes-Braga purchased 8.00% Convertible Senior Secured Second Lien Notes due 2031 on 2026-08-24 in a direct transaction. The notes were bought at a stated price of 950.0000 per unit and are convertible into 100,086 common shares at a conversion price of $8.6625 per share, with an expiration (maturity) date of 2031-09-15. The filing does not indicate use of a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Purchase: 0 shares
Purchase
1 txn
Insider
Paes-Braga Brian
Role
Chairman & CEO
Bought
0 shs
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | 8.00% Convertible Senior Secured Second Lien Notes due 2031 | -- | $950.00 | -- |
Holdings After Transaction:
8.00% Convertible Senior Secured Second Lien Notes due 2031 — 0 contracts (Direct)
Key Figures
Coupon Rate: 8.00%
Transaction price: 950.0000 per unit
Conversion price: $8.6625 per share
+3 more
6 metrics
Coupon Rate
8.00%
Interest rate on Convertible Senior Secured Second Lien Notes due 2031
Transaction price
950.0000 per unit
Purchase price for 8.00% Convertible Senior Secured Second Lien Notes on 2026-08-24
Conversion price
$8.6625 per share
Conversion or exercise price into common shares
Underlying common shares
100,086 shares
Common shares underlying the purchased notes
Maturity date
2031-09-15
Expiration date of 8.00% Convertible Senior Secured Second Lien Notes
Transaction date
2026-08-24
Date of purchase of the convertible notes
Key Terms
Convertible Senior Secured Second Lien Notes, conversion or exercise price, underlying security, ten percent owner
4 terms
Convertible Senior Secured Second Lien Notes financial
"security_title: 8.00% Convertible Senior Secured Second Lien Notes due 2031"
conversion or exercise price financial
"conversion_or_exercise_price: 8.6625"
underlying security financial
"underlying_security_title: Common Shares"
ten percent owner regulatory
"is_ten_percent_owner: 1 for reporting person"
FAQ
What insider transaction did TMCR report in this Form 4?
Metals Royalty Co Inc. reported that Chairman & CEO Brian Paes-Braga purchased 8.00% Convertible Senior Secured Second Lien Notes due 2031 on 2026-08-24 in a direct transaction, as disclosed in the Form 4.
What are the key terms of the convertible notes bought by TMCR’s CEO?
The purchased securities are 8.00% Convertible Senior Secured Second Lien Notes due 2031, convertible into 100,086 common shares at a $8.6625 conversion price per share, with an expiration (maturity) date of 2031-09-15.
At what price were the TMCR convertible notes acquired?
The Form 4 states that the 8.00% Convertible Senior Secured Second Lien Notes due 2031 were acquired at a price of 950.0000 per unit, with price semantics identified as per-share in the structured data.
Was the TMCR insider transaction made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so the transaction was not affirmatively reported as made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.