DyTb (TMRC) Director Deepak Malhotra Disposes 244,796 Shares

What Happened
Deepak Malhotra, a director, reported a disposition of 244,796 shares on August 7, 2026. The filing lists the transaction as a disposition to the issuer (not an open-market sale); no per-share price or total dollar value is reported in the Form 4. The shares were transferred pursuant to a merger agreement and converted into consideration from the acquiror rather than sold on the market.

Key Details

• Transaction date: August 7, 2026 (reported on Form 4 filed Aug 14, 2026).
• Transaction type: Disposition to issuer under merger (Code D).
• Shares disposed: 244,796. Price / total value: N/A (not reported).
• Shares owned after transaction: Not specified in the provided filing.
• Notable footnote(s):
  • The shares were disposed pursuant to the Agreement and Plan of Merger (Mar 4, 2025). First Merger Sub merged into the issuer, then the issuer merged into Second Merger Sub which survived as DyTb, LLC.
  • Under the merger terms, each share of the issuer’s common stock (except excluded shares) converted into 0.043279843 shares of Parent common stock, with cash paid in lieu of fractional shares.
• Filing timeliness: Form filed Aug 14, 2026 covering the Aug 7 transaction; the filing does not state a late-filing flag in the provided data.

Context
This was a corporate merger-driven conversion, not a discretionary open-market sale by the insider. The consideration received was Parent company stock (at the stated conversion ratio) and cash for fractional shares; because no cash value or Parent share price is shown in the filing, the economic value to the insider is not disclosed here. Merger-related dispositions are typically administrative outcomes of corporate transactions rather than direct signals of insider sentiment.