DyTb, LLC (TMRC) director exits 244,796 TMRC shares in USA Rare Earth merger
Rhea-AI Filing Summary
DyTb, LLC director Deepak Malhotra reported a disposition of 244,796 shares of Common Stock on August 7, 2026 in a transaction coded as a disposition to the issuer. This occurred in connection with a merger in which Texas Mineral Resources Corp. became a wholly owned subsidiary of USA Rare Earth, Inc. and was then merged into DyTb, LLC. Following the transaction, Malhotra reported 0 shares of the issuer’s Common Stock held directly. Under the Merger Agreement, each Texas Mineral Resources Corp. common share converted into the right to receive 0.043279843 shares of USA Rare Earth, Inc. common stock plus cash in lieu of fractional shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 244,796 shares
Net Sell
1 txn
Insider
Malhotra Deepak
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 244,796 | -- | -- |
Holdings After Transaction:
Common Stock — 0 shares (Direct)
Footnotes (2)
- F1. The shares were disposed of pursuant to the Agreement and Plan of Merger, dated March 4, 2025 (the "Merger Agreement"), by and among Texas Mineral Resources Corp. (the "Issuer"), USA Rare Earth, Inc. ("Parent"), Hamer Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent ("First Merger Sub") and Hamer Merger Sub, LLC, a Delaware limited liability company and a wholly owned subsidiary of Parent ("Second Merger Sub"). Pursuant to the Merger Agreement, on August 7, 2026, First Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly owned subsidiary of Parent (the "First Merger") and promptly thereafter, the Issuer merged with and into Second Merger Sub, with Second Merger Sub surviving the second merger as a wholly owned subsidiary of Parent named DyTb, LLC.
- F2. Pursuant to the terms of the Merger Agreement, each share of the Issuer's common stock (other than certain excluded shares) outstanding immediately prior to the effective time of the First Merger converted into the right to receive 0.043279843 shares of common stock of Parent and cash payable in lieu of fractional shares.
Key Figures
Shares disposed: 244,796 shares
Shares held after transaction: 0 shares
Share exchange ratio: 0.043279843 shares
+1 more
4 metrics
Shares disposed
244,796 shares
Common Stock disposed of on August 7, 2026, coded as disposition to issuer
Shares held after transaction
0 shares
Total Common Stock holdings reported following the merger-related disposition
Share exchange ratio
0.043279843 shares
USA Rare Earth, Inc. common stock received per TMRC share under the Merger Agreement
Transaction date
August 7, 2026
Effective date of the reported disposition to issuer in connection with the merger
Key Terms
Agreement and Plan of Merger, First Merger, Second Merger Sub, cash payable in lieu of fractional shares
4 terms
Agreement and Plan of Merger regulatory
"The shares were disposed of pursuant to the Agreement and Plan of Merger, dated March 4, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
First Merger regulatory
"First Merger Sub merged with and into the Issuer, with the Issuer surviving the merger as a wholly owned subsidiary"
Second Merger Sub regulatory
"the Issuer merged with and into Second Merger Sub, with Second Merger Sub surviving the second merger"
FAQ
What transaction did Deepak Malhotra report in TMRC stock?
Deepak Malhotra reported a disposition of 244,796 shares of Texas Mineral Resources Corp. Common Stock on August 7, 2026, coded as a disposition to the issuer in connection with the completion of a merger involving USA Rare Earth, Inc.
How is USA Rare Earth, Inc. involved in this TMRC insider transaction?
USA Rare Earth, Inc. is the Parent under the Merger Agreement. Its subsidiary first merged with Texas Mineral Resources Corp., and subsequently Texas Mineral Resources Corp. merged into another Parent subsidiary, which survived as DyTb, LLC, the current issuer in this Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.