DyTb (TMRC) Director Jonathan Beigle Disposes 60,767 Shares
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DyTb (TMRC) Director Jonathan Beigle Disposes 60,767 Shares
What Happened Jonathan Beigle, a director of DyTb (f/k/a Texas Mineral Resources Corp., ticker TMRC), reported a disposition of 60,767 shares on August 7, 2026. The filing lists the transaction as a disposition to the issuer pursuant to the Merger Agreement; no per‑share sale price is shown because the TMRC shares were converted into parent company stock and cash in lieu of fractional shares.
Key Details
- Transaction date: 2026-08-07. Form 4 filed: 2026-08-14 (filed 7 days after the transaction; typically Form 4 is due within 2 business days).
- Transaction type: Disposition to the issuer (merger consideration), 60,767 shares; price: N/A in filing.
- Merger conversion: Each TMRC share converted into 0.043279843 shares of Parent common stock plus cash in lieu of fractional shares (per Merger Agreement).
- Shares owned after transaction: Not disclosed in this Form 4.
Context This disposition was part of a corporate merger (Merger Agreement dated March 4, 2025) that reorganized TMRC as a wholly owned subsidiary of the parent and converted outstanding TMRC shares into parent shares/cash. Dispositions tied to M&A transactions are routine corporate actions and differ from open‑market sales; they do not necessarily indicate management selling for liquidity or expressing a view on the company’s prospects.