Paes-Braga Brian 4

What Happened

• Brian Paes‑Braga, a reported 10% owner of Metals Royalty Co. Inc. (TMCR), acquired 200,000 shares on 2026-06-01 at $13.00 per share. The total transaction value was $2,600,000. The filing classifies this as a grant/award or other acquisition (code A), reflecting a direct purchase from the issuer in a private placement.

Key Details

• Transaction date: 2026-06-01; Filing date: 2026-06-03 (no late filing indicated in the provided info).
• Price and amount: 200,000 shares at $13.00 per share; total $2,600,000.
• Shares owned after transaction: Not specified in the information provided in this summary.
• Footnote: The shares were purchased directly from the issuer in a private placement and are stated to be exempt from Section 16(b) under Rule 16b-3(d) (i.e., not subject to short-swing profit recovery).
• Transaction code: A (award/grant/other acquisition); Reporting person is a 10% owner.

Context

• This is a direct purchase from the company in a private placement—purchases can be a stronger signal of insider confidence than sales, but filings don’t state motivation. Because the transaction is exempt under Rule 16b-3(d), it’s treated differently from standard open-market trades for Section 16(b) purposes.