STOCK TITAN

DyTb director (TMRC) surrenders 60,767 shares in USA Rare Earth merger

(Neutral)
(Neutral)
Form Type
4

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 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)
  1. 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.
  2. 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.
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
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"
cash payable in lieu of fractional shares financial
"right to receive 0.043279843 shares of common stock of Parent and cash payable in lieu"

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.

How many TMRC shares did Jonathan Scott Beigle give up in the DyTb, LLC (TMRC) merger?

Beigle disposed of 60,767 TMRC common shares in connection with the merger. The transaction was reported as a disposition to the issuer, and his holdings in TMRC common stock after the deal were zero shares.

What was the share exchange ratio in the DyTb, LLC (TMRC) and USA Rare Earth merger?

Each TMRC common share converted into the right to receive 0.043279843 shares of USA Rare Earth (Parent) stock, plus cash in lieu of fractional shares, under the terms of the March 4, 2025 Merger Agreement.

Why were Jonathan Scott Beigle’s TMRC shares disposed in this DyTb, LLC (TMRC) Form 4?

The shares were disposed pursuant to a Merger Agreement under which TMRC merged into subsidiaries of USA Rare Earth, Inc., becoming wholly owned by Parent and then surviving as DyTb, LLC following a two-step merger structure.

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.

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
X
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Beigle Jonathan Scott

(Last)(First)(Middle)
6072 PUMA RIDGE

(Street)
LITTLETON COLORADO 80124

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
DyTb, LLC [ TMRC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock08/07/2026D(1)60,767D(1)(2)0D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. 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.
2. 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.
/s/ Jonathan Beigle08/13/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)