DyTb director (TMRC) surrenders 60,767 shares in USA Rare Earth merger
Rhea-AI Filing Summary
DyTb, LLC director Jonathan Scott Beigle disposed of 60,767 shares of Texas Mineral Resources Corp. common stock on August 7, 2026 in a disposition to the issuer tied to a merger with USA Rare Earth, Inc. Each TMRC share converted into the right to receive 0.043279843 Parent shares plus cash in lieu of fractional shares, leaving Beigle with 0 TMRC shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,767 shares
Net Sell
1 txn
Insider
Beigle Jonathan Scott
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Common Stock F1, F2 | 60,767 | -- | -- |
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: 60,767 shares
Post-transaction TMRC holdings: 0 shares
Share exchange ratio: 0.043279843 shares
3 metrics
Shares disposed
60,767 shares
Common Stock disposed on August 7, 2026 in a disposition to issuer
Post-transaction TMRC holdings
0 shares
TMRC common stock held by Jonathan Scott Beigle after the merger-related disposition
Share exchange ratio
0.043279843 shares
USA Rare Earth (Parent) common stock per TMRC common share under the Merger Agreement
Key Terms
Agreement and Plan of Merger, First Merger, Second Merger, cash payable in lieu of fractional shares
4 terms
Agreement and Plan of Merger regulatory
"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
"on August 7, 2026, First Merger Sub merged with and into the Issuer"
Second Merger regulatory
"thereafter, the Issuer merged with and into Second Merger Sub"
FAQ
What did DyTb, LLC (TMRC) director Jonathan Scott Beigle report on this Form 4?
Jonathan Scott Beigle disposed of 60,767 shares of TMRC common stock on August 7, 2026 in a disposition to the issuer, leaving him with 0 TMRC shares following completion of a merger with USA Rare Earth, Inc.
Did the DyTb, LLC (TMRC) Form 4 indicate trades under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is not marked as affirmative, and there is no footnote stating that the reported disposition was executed under a Rule 10b5-1 or other pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.