Hendricks Lloyd Bernard III has disclosed a series of significant transactions involving his ownership of shares in MineralRite Corp, a company engaged in the miscellaneous metal ores industry. This filing, made on October 6, 2026, highlights changes in his stake, which could have implications for the company and the sector as a whole.
Background
Hendricks Lloyd Bernard III is a notable figure associated with MineralRite Corp, which operates under the Central Index Key 0001096296. The company is classified under the SIC code for miscellaneous metal ores. Recent filings show that on June 10, 2026, he filed a Schedule 13D, indicating significant ownership stakes in the company.
What the Filing Says
The recent filing reveals that on September 30, 2026, Bernard reported the disposal of 3,919,388 shares of Series NMC Preferred at a price of $27.23 per share. Following this transaction, he retains ownership of 2,980,612 shares. Additionally, he acquired 6,900,000 shares of the same series at a price of $15 per share, increasing his holdings to 9,880,612 shares. The filing also notes the acquisition of 47,600 shares of Series D Preferred at $25 each, and another 5,900 shares at the same price.
Impact
These transactions may affect various stakeholders, including other shareholders and potential investors in MineralRite Corp. The changes in ownership stakes could influence the company's strategic direction and market perception. Furthermore, the miscellaneous metal ores sector may see a ripple effect as competitors analyze these developments.
What's Next
The filing does not say what happens next.