O'Neill Brian Thomas 4
4 · Metals Royalty Co Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
Metals Royalty (TMCR) Director Brian O'Neill Receives 10,000-Share Award
What Happened
Brian O'Neill, a director of Metals Royalty Co. Inc. (TMCR), acquired 10,000 shares on June 1, 2026 at $13.00 per share, a total value of $130,000. The transaction is reported as an award/grant or other acquisition (code A) and was effected as a direct purchase from the issuer in a private placement.
Key Details
- Transaction date: 2026-06-01; Filing date (Form 4): 2026-06-03 (filed within the SEC two-business-day window).
- Price and amount: 10,000 shares at $13.00 each; total $130,000.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Notable footnotes:
- F1: Shares were purchased directly from the issuer in a private placement; transaction is exempt from Section 16(b) under Rule 16b-3(d).
- F2: Reporting person disclaims beneficial ownership of certain shares except to the extent of any pecuniary interest.
- F3: Some shares are held by 1351389 B.C. Ltd., of which the reporting person is a control person and may share voting/investment power; the reporting person disclaims beneficial ownership of those shares except to the extent of any pecuniary interest.
- Timeliness: Filing appears timely (reported two days after the transaction).
Context
This filing records an acquisition (award/private placement) rather than a sale. Purchases or direct acquisitions by insiders can be interpreted by investors as more informative than routine sales, but the filing itself contains no explanation of the insider's intent. The transaction was a private placement purchase from the issuer and is treated as exempt under the referenced Rule 16b-3(d).
Insider Transaction Report
- Award
Common Shares
[F1]2026-06-01$13.00/sh+10,000$130,000→ 352,164 total
- 600,000(indirect: By Spouse)
Common Shares
[F2] - 432,692(indirect: By 1351389 B.C. Ltd.)
Common Shares
[F3]
Footnotes (3)
- [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 (the "Exchange Act").
- [F2]The Reporting Person disclaims beneficial ownership over such shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.
- [F3]Represents shares held by 1351389 B.C. Ltd. The Reporting Person is a control person of 1351389 B.C. Ltd., and may be deemed to share voting, investment and dispositive power with respect to the securities held by 1351389 B.C. Ltd. The Reporting Person disclaims beneficial ownership over such shares for purposes of Section 16 of the Exchange Act, except to the extent of his pecuniary interest therein, if any. This report shall not be deemed an admission that the Reporting Person is a beneficial owner of such shares for the purpose of Section 16 of the Exchange Act, or for any other purpose.