Metals Royalty Co Inc. (TMCR) CEO buys 200,000 shares in private placement
Rhea-AI Filing Summary
Metals Royalty Co Inc. Chairman and CEO Brian Paes-Braga reported acquiring 200,000 Common Shares on June 1, 2026 at $13.00 per share. The footnote explains these shares were purchased directly from the company in a private placement exempt from Section 16(b) under Rule 16b-3(d). After this transaction, he directly owns 17,610,130 Common Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 200,000 shares
Net Buy
1 txn
Insider
Paes-Braga Brian
Role
Chairman & CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Shares | 200,000 | $13.00 | $2.60M |
Holdings After Transaction:
Common Shares — 17,610,130 shares (Direct)
Footnotes (1)
- 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.
Key Figures
Shares acquired: 200,000 shares
Purchase price: $13.00 per share
Post-transaction holdings: 17,610,130 shares
+1 more
4 metrics
Shares acquired
200,000 shares
Common Shares acquired on June 1, 2026
Purchase price
$13.00 per share
Transaction price for Common Shares
Post-transaction holdings
17,610,130 shares
Directly owned Common Shares after acquisition
Section 16(b) treatment
Exempt under Rule 16b-3(d)
Private placement purchase from issuer
Key Terms
private placement, Section 16(b), Rule 16b-3(d)
3 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.
Section 16(b) regulatory
"which purchase is exempt from Section 16(b) in accordance with Rule 16b-3(d)"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Metals Royalty Co Inc. (TMCR) report?
Metals Royalty Co Inc. reported that Chairman and CEO Brian Paes-Braga acquired 200,000 Common Shares. The acquisition occurred on June 1, 2026 at a price of $13.00 per share, as disclosed in a Form 4 insider trading report.